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<<IOM lost money and announced they will not make money for two more quarters. This is the good news that moved IOM stock price!

Why? Look at these hot Internet stocks. YHOO barely made several dollars and LCOS made few cents with the rest all in red. Hey, losing money is what moves stocks up. If there is no earning, there is no earning surprises. Take a look at story stocks of yesteryear: NSCP, PRST, IOM and ZITL. IOM is the only one clawing back up.>>

Another great post, high. So what are you suggesting, that one could multiply your PEG ratio by -1? Maybe throwing darts at the WSJ would be better...

On the more serious side, in your RSI model,when do you generaate a sell sign? I'm somewhat perplexed by a stock such as ASND which has a rsi well over 70, since close friday, and still going up. IOM's rsi as i see it at close today was about 65. I use a canned program and don't know the exact formula used, but it seems to me we either have to a) have some down days to keep the rsi below 70, or b) ignore lots of false sell signs generated by this model.

I agree that the break through from 10 1/2 to 11 is gonna be tuff.
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