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E*TRADE Financial Corporation Message Board

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  • MYSONSDAD_96 MYSONSDAD_96 Jan 21, 2000 11:18 AM Flag

    i am buying,if it goes down,i will buy

    Good attitude!
    I have some IOM too. I can't
    believe how it acted after gooood earnings. SELL ON THE
    I was wondering why you bought your shares? Was it
    WSW. I like where we are with price and chart but
    revenues slowed.

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    • I have been loading up on IOM for the last
      year...I began buying a small amount at $5, and then
      adding boatloads in the $3 range.

      I have been
      watching that company closely, and I think this turnaround
      is the real deal.

      EGRP looks to me to be an
      even more "sure deal". IOM was more risky, but at $3
      there was little downside risk, and it was oversold and
      attacked by the shorts for a long time, much like this
      stock. So, when there was blood in the streets...I was
      pretending to be a lowly medic, and stealing the wallets
      from all of the slain victims...

      The $6 close
      on IOM was LIKELY, IMO, a "misrepresentation" by the
      shorts the night before, so they could make it look like
      there was a big drop. It caused panic, just like it
      intended to when the price opened at a more normal level,
      but APPEARED to drop a substantial amount. But, now
      it is recovering, the last I checked. And, of course
      there were some profit takers. But, I'm not worried in
      the least.

      Glad to hear you picked some up as
      well. It's a big score for the little guys.

      is my next project. I wish us all luck.

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