International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: kimberley who wrote (25884)	11/13/1997 4:30:00 PM
From: J.L.	of 35569

Kim etal: I (also) noticed that bid of 9900 shares at 15/16. I think it was initially at 29/32 and was then moved up. I hope that whoever that is will continue to keep raising their bid just belowthe market. I was watching the final half hour and felt that they were keeping the bid/ask pretty close for so much activity. I've been in stocks where the spread can be quite large when they get going. Do the shorts also serve a function in keeping the spread narrow ? I realize that when we do start running that the shorts will in effect widen that spread because they will have to raise the ask by buying at the market to cover...correct ? Bless you all, especially you shorts. The Reverend Jeff Lund

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