International Precious Metals (IPMCF) Message Board

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

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To: Bob Jagow who wrote (29426)	12/20/1997 7:32:00 PM
From: go4it	Read Replies (1) of 35569

Coincidence ? I am thinking it is simply based on psychology. If they sold out on after the news release then there is a good chance that they don't think very highly of the prospects for the company right now and would not buy back in unless there was a fundamental change in the company which at this time there isn't. I am guessing that maybe one of the current fund owners or maybe even a new one took money off the table from another stock and is rolling it into IPM. I would be interested if a person monitoring this thread would please post that they actually did wait the 30 days to buy back in. Maybe Jack could post Fridays transaction log for us because I think there were lots in excess of 20,000 shares purchased over the last 2 days which is alot of money for an individual investor to dish out just for the purposes of writing off a couple of thousand dollars in losses which is exactly what they are limited to by the IRS.

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