IO

[1reilly]

Rams
I've gone through the ER and I don't see why the doom and gloom. I respect your Trading plan and for SOF portfolio this stock should probably be sold. But for fundamentals I will hold this unless it takes out 9.10. Revs were pushed to 2nd quarter but were earned. Guidance for the full year still remains unchanged. Growth in all major sectors and significant new rev sources on the way. It's ability to get back over 9.50 level in today's environment tells me somebody is buying  this one.

[Ramsburg]

Rams
I've gone through the ER and I don't see why the doom and gloom. I respect your Trading plan and for SOF portfolio this stock should probably be sold. But for fundamentals I will hold this unless it takes out 9.10. Revs were pushed to 2nd quarter but were earned. Guidance for the full year still remains unchanged. Growth in all major sectors and significant new rev sources on the way. It's ability to get back over 9.50 level in today's environment tells me somebody is buying  this one.

I still enjoy IO... but this trade went on the wrong way since the beginning, our plan was to trade a breakout, we're expecting a quick move above $11.22, that didn't happened, and the overall chart pattern turned into some kind of Head & Shoulders, which was not comfortable and very different from our first look.

IO is a solid company, with an interesting guidance, today's market action was appealing on IO, and probably it will turnout into a good short term mover... But we had to sell it anyway because we didn't feel «in control» (and we can't let that happen)

Thanks for your input !

Best regards !