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


To: Roger Cordell who wrote (23655)10/29/1997 12:38:00 PM
From: Matt C. Austin  Read Replies (3) | Respond to of 35569
 
I just talked to one of IPM's MM. Fiero was selling stock all morning and much of the buying was coming thru Instanet. That means they want to conceal who the ultimate buyer is. Funds often do that.

As you all know, the short interest is slowly climbing. The shorts are getting more vociferous and their nasty talk to other MMs is getting stronger again. Time for another Stuffy article?



To: Roger Cordell who wrote (23655)10/29/1997 12:59:00 PM
From: BB  Read Replies (1) | Respond to of 35569
 
Roger,

<<I watched one stock I had been following start the day at 8 and rise to 12. All I could do was watch it. I was locked out of trading on NDB's websight and waited on hold for one hour before slamming the phone down in disgust. NDB sucks.>>

Sorry to hear that, I guess we learned the hard way that these dicount brokers are actually the most expensive brokers when you really need them. They cost us a ---- of a lot more money than the regular use of a reputable firm.

Felicia



To: Roger Cordell who wrote (23655)10/29/1997 8:23:00 PM
From: Bijan Khazri  Respond to of 35569
 
The experience also convinced me to open up an account with another firm who will actually be available when you really need them.

Roger,

Who do you think that may be on these kind of days. From what I heard, every broker was having the same problem. To top it off, Etrade had two of their backbones go down on them yesterday, which needed to be rebooted. When it rains, it pours. I guess the $200 executions at a full service broker did not look bad yesterday, provided after you talked to your broker, he could put the trade through.