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

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To: Anne Lamb who wrote (31232)3/25/1998 11:41:00 PM
From: Richard Mazzarella  Read Replies (1) of 35569
 
Anne, I think that both Steve and Ron are right. News of delisting will cause a short term blip (maybe just hours), however the stock did already significantly correct as you and Ron point out. The positive from the decision will be that delisting uncertainty will be eliminated. People can then focus back on the precious metal issues. That should get the stock price moving up again IMO. Before anyone thinks playing the blip could be a trade, there is a chance that the stock will not delist from small cap. If that occurs, the stock price could double immediately IMO.
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