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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Anne Lamb who wrote (25210)11/10/1997 12:08:00 PM
From: Bob Markley  Read Replies (2) of 35569
 
The shorts are very stupid in regards to risk/reward on IPM, as they are risking $10-15-$50 to gain perhaps 1/4 of a point.

A gap opening of $10-15 means that there is a rush of buyers, ...these consist of new buyers and shorts who are wrong closing out their positions.

Most gaps do get filled in the market with the exception of about 15%, ... those normally being a 'blast off gap' when the stock has a major change of investor sentiment and never looks back! The BD/Bateman report will be just that, ... IMO.
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