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


To: Larry Brubaker who wrote (23990)11/1/1997 11:57:00 AM
From: Bob Markley  Read Replies (1) | Respond to of 35569
 
<< No, these tactics indicate the shorts are sweating, and they are pulling out all of the stops. IMO, they have good reason to sweat. >>

Oh,... the shorts are sweating alright, ... just think a gap open to say $50 would put them at a cool 35 million dollar loss, ... Hmmmmmmmmmmmmmmmmmmmm!!!



To: Larry Brubaker who wrote (23990)11/1/1997 12:22:00 PM
From: go4it  Respond to of 35569
 
It's killing me Larry, The really funny part is that they probably went off of what Coggins was saying or worse yet Lumbert. I have a suspiscion that the declared short position is alot lower than the actual short position. Unless I am mistaken and please correct me if I am but those shorts that are trading in offshore accounts don't have to report their position just like the funds that own IPM don't have to report their position. What about Canada ? What is the short position in Canada. Personally, I think we have been way under estimating the current position and what it will mean to the stock after we get our report.
TTMA
Chuck