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 (26779)	11/16/1997 5:03:00 PM
From: Donald Watson, Jr.	Read Replies (1) of 35569

Ok Zeev, lets say there is 700,000 short shares. I can only assume they all did not short at 14. Say you shorted at the 7- 10 range I think NOW would be the time to cover. Its just my opinion but I would think we are at or near the bottom in the 4-5 dollar range. If it does get down lower I think there greed would consume at push us right back up quickly and only a few would make money. It just seems to me that finally some authority said 'Yes we can get Gold and other Metals...They do indeed have something" It seems to me If I would have shorted at 7-10 I would cover and get my ass out. Your Friend, Don Watson.....Also I thought I did read on the thread the 2 million..But does that only count the US I think some of them Canadians might be short a little <G> Please correct me if Im wrong regarding the 700,000 plus only in the states.

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