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

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To: Larry Brubaker who wrote (21866)10/7/1997 11:46:00 AM
From: Furry Otter   of 35569
 
Yes, we are almost back to where we started

4 7/8 x 5

last 5

vol 113900

Im kickin myself, all my instincts said buy, putting in an order now, just missed a superb deal IMO at mid-4s

Regards, Otter

PS chew on this--if bad news has leaked out, as some seem to think, and if shorts control the market for this stock, as some seem to think, then wouldn't shorty let the price go waayy up, so that he can short the stock one more time, safe in the knowledge that when the bad news is released, the stock will dive, and he can make yet another killing? Yet the stock is going down---meaning, IMO, it has nothing to do with news, and more to do with shorty trying to pound the price down now, hopling to (a) cover if possible, and/or (b) at least limit the gap up if good news is released, by starting at a lower price. I.e. a gap up of 4 points is better for shorty if it goes from 5 to 9, rather than 7 to 11. JMO
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