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

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To: go4it who wrote (19769)9/3/1997 10:45:00 AM
From: Furry Otter   of 35569
 
<<wild ride>>

This is so hard to foresee...I appreciate the TA analyses that are being done, I find them very informative and useful, but only to a point. There are so many variables with this stock that I do not think TA contemplates. Does TA work when the share price is being manipulated as IPM's has? When there are so many funds either in the stock, or vacillating about getting in? Not to mention the thermonuclear effect of the BD report (either way), and the effect of the anticipation of that report.

Anyway, I think, basically, anything can happen. Because of this, yes, I think we are in for a wild ride, both pre and post BD. The fact that people are day-trading the stock will aonly add to this volatility, IMO. Not that there's anything wrong with this..actually I think it's kinda fun to watch.

Regards, Otter
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