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


To: Bob Markley who wrote (23997)11/1/1997 1:17:00 PM
From: Larry Brubaker  Read Replies (2) | Respond to of 35569
 
Bob: IMO, the trading action of the last week or so provides further evidence that the shorts are running scared. There certainly has been no additional massive shorting, not enough volume. They haven't been covering much either, when they tried that about a week and a half ago, the price exploded to $6+. So, these guys are trapped. Why are they trapped? Because nobody is selling anymore!

The only thing left for them to do is to bombard this thread with their scare tactics, and try to get their buddies (IMO) in the financial press to help them out, so they can try to weasel out a few shares at a time.

They must feel like the walls are closing in. Hmmmmmmmmmmmmmm.