International Precious Metals (IPMCF) Message Board

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

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To: Zeev Hed who wrote (24385)	11/4/1997 9:50:00 PM
From: Larry Brubaker	Read Replies (2) of 35569

Zeev: You, of course, may be right. The weakness of the stock scares me a lot more than anything Charters/Coggins/Lumbar/Keyz/Steffy/Wallie together have to say. Here is my "glass is half full" take on this. I see the stock drifting lower on no news, and shorty scare tactics. Pretty much every day, the stock opens quite a bit lower on almost no volume. Fiero and the boys are able to push it down a quarter of a point a day on a few hundred shares. The longer we go with no news, the more the shorties throw out their scare stories, the more the little guys bail out, or don't buy more even with the falling price. We certainly haven't seen any wholesale selling. Obviously the big boys are still with us. However, just as obviously, we have not seen an anticipation run. While you may be right the market is telling us what is going on here, I haven't given up hope. Perceptions about this stock change fast.

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