International Precious Metals (IPMCF) Message Board

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

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To: C L who wrote (4798)	3/26/1997 11:38:00 AM
From: J.L.	of 35569

I have always figured that the $11 level is what they (short Fieros) will try to protect. They shorted from that level on up (IMO) and we should see them make an attempt to protect their position. This is not scientific but just opinion based on my thumbnail figures. You guys with the expensive equipment and software (level 2) can probably do a study to figure what the average short price is. I would bet that the average is somewhere between $11 and $12. And once they determine that they are loosing the battle we should see a nice pop. Remember, stocks almost never do exactly what you expect when you expect it. Jeff

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