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Gold/Mining/Energy : WHAT'S A GOOD CANADIAN STOCK TO SHORT
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To: chevalier who wrote (73)5/26/1998 4:35:00 AM
From: Bill Jackson  Read Replies (1) of 112
 
Ari. I think ILI is doomed. It is like many of these auction upstarts, they sell crap at retail and people are figuring it out already. The Toronto site has closed and the insiders are getting desperate to dump their IPO shares and decamp. The summer retail slump and the computer crash of oversupply that is now biting harder will take them way down.
IMO of course.
On St Jude, they are next to Anglo American, who have no doubt quietly flown aerial geophysics on their property, and might well be getttin ready to pounce and make a market offer? My speculation of course, but ordinary buying would not explain the relentless upwards moves. Ordinary buying would fall back already as your short friends thought, but it did not, so another force is hidden here, a major force?

Bill

Bill
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