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Gold/Mining/Energy : IVAN - Ivanhoe Energy -- Ignore unavailable to you. Want to Upgrade?


To: Pluvia who wrote (20)11/7/2003 9:57:04 AM
From: Eva  Read Replies (1) | Respond to of 271
 
What a load of baloony
We are getting invaded by shameless short seller.
Don't listen to it.
Of course there is a pull back after this exeptional run we had.



To: Pluvia who wrote (20)11/7/2003 11:37:57 AM
From: PashaBear  Read Replies (1) | Respond to of 271
 
Well, these allegations are worrisome. As a long Ivanhoe investor, I've always felt that the single big risk factor is that it is a scam, and also that without being part of the company or intimately involved in its industry it is hard to know for sure.

On the other hand:

(1) Pluvia's post is short on specifics. I guess we'll have to wait for Nov 10 for the details:
"A REPORT PROVIDING DETAILS OF THESE ISSUES WILL BE RELEASED MONDAY, NOVEMBER 10."

(2) Pluvia is an acknowledged short-seller, presumably with an interest in having this stock go down:
"Pluvia Securities Research, their agents, associates, and or employees have investment positions consistent with the above-stated investment opinion."

(3) The links provided in the body of Pluvia's email provide less than impressive qualifying collateral. First, a great many of the companies that Pluvia targeted were in 1999 and 2000. This was shooting fish in a barrel, there are many of the bubble companies that are now dead or worthless.

Second, all the links are written by Pluvia (himself? itself?) except two. Of these, one is dead (doesn't work):
msnbc.com
The other (http://www.fool.com/Features/1997/sp970829AnInternetBounty.htm) claims to show "Motley Fool article written describing how PLSIA tried to hire Westergaard to silence us, but the sham backfired on both PLSIA and Westergaard." In fact, the Motely Fool piece details a nice little scam that Pluvia apparently tried to debunk, but does not show a resolution or backfiring.

Anyhow, Pluvia, thanks for keeping life interesting. I'm looking forward to evaluating this when you provide better data. In the meantime, I'm inclined to chalk this up to "what goes up so hard will attract shorts." But if Enron, Worldcom, etc., have taught us anything, it is that we should always be alert for the possibility of scam.

PB