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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Larry Brubaker who wrote (32886)6/13/1998 1:12:00 AM
From: Ron Struthers  Read Replies (3) of 35569
 
<<I lost whatever respect I had for Struthers when he tried to spin Black Friday into good news. He was on this thread saying the institutions were going to be buying on the news, for example.

I didn't buy it then, and history has spoken about whether institutions were buying on that news.

Obviously, newsletter writers (and anybody else who is human, for that matter) are often going to be wrong about their calls. But I considered Struthers' b.s. during the weekend following Black Friday to be a transparent attempt to turn a turd into a chocolate pie.>>

Larry, I know IPM has not worked out to well and my calls have not been right on, but it is a far cry from what you say. If you are going to talk about B.S., please don't spread it or you can expect to be called on it.

If you like, I can post in here all my exact comments that went out that weekend and I clearly stated the Institutions WERE NOT BUYING . I did not put a buy on the stock either. I did suggest that a sell off may present a buying opportunity. However I did suggest to hold positions and that was an obvious mistake, but in hindsite this is true for 99% of any mining stock

I think my comments were pretty rational considering the time and information available

Ron
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