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

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To: John Wetterau who wrote (21989)10/9/1997 7:59:00 PM
From: Andy Thomas   of 35569
 
To anyone,

I don't think the shorts are doing that much to drive down the stock price. I think IPM's lack of "promised" announcements is doing that very nicely pretty much all by itself.

I know I sold the moment I read their last press release. A day or two later I thought I'd blundered but now I'm not so sure.

Now the best case scenario for me is:

1) IPM has the goods and
2) the stock drops to a buck or so and I can load up on shares before the report

worst case is:

1) report comes out tomorrow and stock shoots to $20... waaah... I miss the boat.

FWIW
Andy (doubting) Thomas
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