International Precious Metals (IPMCF) Message Board

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

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To: ddl who wrote (4748)	3/25/1997 12:24:00 PM
From: Bruce McGaughey	of 35569

Interesting point, Denis, about the possibility of FB working for someone to bring the price down. The thought had crossed my mind before. C.L.- (or anyone with a Level 2 machine) We sold down to 7.50 a couple of weeks ago. That was at the close on Tues. On Wed, we opened with HUGE volume to the upside. That spike in On-Balance Vol. has never really been matched during the sell-off from 11.50. So, net-net, there's been accumulation from the 7.50 low. Is there any way for you to go back to Wed, two weeks a go, and look and see who was buying that day ??? Might be interesting. If it was FB, then a good case could be made that they are really driving the price down in order to accumulate more shares for someone.

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