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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: go4it who wrote (27799)11/20/1997 10:38:00 AM
From: Bob Aldridge  Read Replies (3) of 35569
 
My sources tell me that the shorts are in such a strong position on this stock now that they believe they can cover at will. However, he believes that the short position may actually have even increased and that many are getting very concerned about their ability to cover at these levels. This is why we still see so many shorts on this thread and this is why the stock is likely to spike up in the near future - remember, the institutions are holding and some look certain to buy at these levels.

It is extremely unlikely that all the shorters can get out completely at anywhere near this price - We've had our panic, its their turn next.
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