International Precious Metals (IPMCF) Message Board

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

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To: Zeev Hed who wrote (11512)	6/8/1997 4:16:00 PM
From: Steve Huskey	of 35569

I agree with you here Zeev. Some longs are selling. That's why the price is going down. Simple enough. The shorts helped, but good ones take profits quick. A short player is by nature a trader. Face it, it's hard to make more than 50-60% on a short play. And good ones seem very efficient at avoiding the "squeeze". After the AGM.. there will be alot more buying or selling. If they have the big news, this downpulse in price will mean nothing. If they disappoint everyone, the stock could easily collapse. Even if that happens, it may not mean anything in a couple more months should the big news come out then. Steve

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