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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Larry Brubaker who wrote (24145)11/3/1997 11:13:00 AM
From: Bear Down  Read Replies (2) of 35569
 
Larry, I agree there is a certain amount of risk, as there is with holding on should the report be negative. I am hoping to see a small rally before the report gets issued because I think it will be worth the risk. Afterall if the report does not affirm IPMCF's results than I think this will run quickly to zero. Now that's an easy cover. although the losses can be unlimited from this direction, I find it highly unlikely that the share price will gap to $50 like has been suggested here. I will be happy to short from 6-6.25. Good luck and don't mind the cheap shot, the more I remember it the more likely I am NOT to repeat it
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