International Precious Metals (IPMCF) Message Board

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

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To: TheBusDriver who wrote (618)	11/29/1996 12:34:00 PM
From: TrueScouse	of 35569

Hi Wayne: You guys have been having a lot of fun screaming at each other! <<Look Richard....I'll say it again, why are you here? You don't own the stock. You don't like the stock,by your own words you hate the stock...so what is the interest?? >> Richard made it quite clear in some of his earlier posts that he is not interested in the fundamentals of a company -- only in what people _think_ are the fundamentals of a company. He has hopped around from IPM to GPGI to CHIP and back again, presumably playing the volatility as a short-term trader. He can correct me if I'm wrong. I don't know whether he's been successful at it. If not, it's expensive in commissions <g>, but it's a valid way for someone to play the markets if that's what they choose to do. I happen to be a medium to long term investor in these markets, but the short-term trader can play a valuable role in providing liquidity. The danger is that they tend to dump on the stock when they're not in it and sing it's praises briefly when they are. Maybe this is Richard's interest. Hope you had a good Thanksgiving in exile. Howy

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