Iomega. Back in the late 1990s the Fool made a killing on Iomega and their portable drive.
The Iomega Zip Drive was a fantastic product that disrupted Winchester drives but it was sold by a crappy, REALLY crappy, company. I made a lot of money on it and sold in time to avoid the crash.
Zip drive From Wikipedia, the free encyclopedia
The Zip drive is a removable floppy disk storage system that was introduced by Iomega in late 1994. Considered medium-to-high-capacity at the time of its release, Zip disks were originally launched with capacities of 100 MB, then 250 MB, and then 750 MB.
politics of ANY sort are not welcome on this board. As Saul has stated many times, political statements have the ability to damage relationships. Your post has nothing investment related in it, it is just a cheap and unwelcome shot. Please be respectful of ALL people of ALL political persuasions and do not make any political comments. If you have nothing to contribute, please leave.
politics of ANY sort are not welcome on this board. As Saul has stated many times, political statements have the ability to damage relationships. Your post has nothing investment related in it, it is just a cheap and unwelcome shot. Please be respectful of ALL people of ALL political persuasions and do not make any political comments. If you have nothing to contribute, please leave.
What I did was rent a time machine and go back to early this past week. Then I sold the stuff that went down at the end of the week. Now it’s cash, which I will use to back some puts I’m planning to sell as soon as I can figure out what’s not going to drop.
I think this current period is one of volatility based on news and increasing interest rates. A lot of it is noise, with some signal buried in there.
I might free up some cash, sell some shares here and there just to have a cushion. Maybe 10-20%?