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

To: Tritone_ch who wrote (24942)11/8/1997 5:55:00 AM
From: HungryLion  Read Replies (2) | Respond to of 35569
 
Short interest continues to go up. So like where is the inside buys of this sure thing called IPMCF? All this (extremely shaky)
confidence from the IPM bulls but the operators of this outfit aren't loading up? Maybe they're not so confident either.



To: Tritone_ch who wrote (24942)11/8/1997 10:13:00 AM
From: Bob Markley  Respond to of 35569
 
<< Shares Short 798,050
Average daily volume 212,155
Days to cover 3.76 >>

Alexander, ... thank you for tracking & posting the short interest. Days to cover might be double, if one discounts the avg. daily volume by 50% for the swaps between MM's.

Report release should send all/most of the shorts running for cover on the same day, they will only be able to cover at higher & higher & higher prices, ...IMO.

Regards,
Bob



To: Tritone_ch who wrote (24942)11/8/1997 11:26:00 AM
From: Larry Brubaker  Respond to of 35569
 
Alexander: I believe that is the short interest as of October 15, which we have already seen here. I would not be surprised if that number has gotten somewhat smaller since 10/15.


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