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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?


To: kimberley who wrote (23158)10/24/1997 11:40:00 AM
From: J.L.  Read Replies (2) | Respond to of 35569
 
Man...we were stuck at 5,800 shares for about the last hour. I was starting to think that trading was halted. The past few days have been a little stressful as I have been traveling and unable to moniter the goings on. Especially stressful since I added to my position last week thinking that $6 was a really strong level of support.

I wonder if the post about stop-loss orders may be a valid point. IMO Stop loss orders combined with a large number of people trading (and even day trading) may account for some of the volitility and volume in this issue. In addition you have the occasional margin call which we have read posts about. I hope that there are not a bunch of stop loss orders just below $5 cause' we know that the MM's will try to hit them.

Personal note to Otter: I'm back home in MPLS. for an extended period. Would like to get together, drink beer and talk about microscopic gold.

Regards, Jeff Lund