International Precious Metals (IPMCF) Message Board

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

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To: go4it who wrote (22005)	10/9/1997 9:54:00 PM
From: kimberley	of 35569

Chuck, <<I saw some large blocks go by that day we had the drop out of the $6 range but nothing that could be attributed to fund selling IMO. I would think it would have been more likely the shorting MM's.>> o.k., then several individual shareholders with more than 10k shares had their stops hit and were sold out... I'm not sure I follow your shorting mm theory. Are you saying that no one actually sold those blocks. but rather someone was buying them, and the mm's short sold them? << We have had a continual increase in fund holdings and I think one week that was an actual decline. No I think it was the margin shares being taken out in conjunction with the shorting.>> I don't understand what you are saying... which week are you referring to? Kim

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