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

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To: Zeev Hed who wrote (12748)6/20/1997 6:00:00 PM
From: Larry Brubaker   of 35569
 
Zeev: I'm picking on thall because the only purpose for all of these posts today from him is to prey on people's uncertainty. He made a comment about the natives getting nervous, and I readily admit I am nervous. But he seems to be getting enjoyment out of this.

Anyway, my take on today's action is that those selling today were mainly short-term traders who were taking advantage of yesterday's runup to sell prior to the meeting. I was thinking of doing this myself, but couldn't manage to pull the trigger. My thinking was: take profits now, and buy back in at higher prices on Monday if the news is good. While I didn't pull the trigger, I'm sure others were thinking along the same lines.

Also, I don't think the gorillas were totally absent today, I saw what looked to me to be several large buys. They certainly were not ravenous for the stock today though, that is clear.

OK you AGM guys, what's up?
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