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Gold/Mining/Energy : Image Power (IPZ.VSE)

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To: david koong who wrote (279)5/17/1999 9:00:00 PM
From: Rob Davis  Read Replies (2) of 383
 
Actually I believe that it was fuddle who said if there is no
news s/he could pick it up 20% cheaper. I agree with this
statement. However, in attempting to do that, they are taking
a risk that they will not be holding the stock when news is
announced (esp. if it is halted with no prior runup).

Personally, I don't want to take the risk of not being in IPZ
when they make an announcement. However, others may have different
risk vs. reward ideas. That's what makes a market. Think of how
boring it would be if everyone thought IPZ was a winner and bought
it. :)

Cheers,
Rob
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