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


To: kimberley who wrote (26045)11/14/1997 12:51:00 PM
From: Bear Down  Read Replies (2) | Respond to of 35569
 
Kim....I do have short positions in other stocks as well. This one is for the game. If you want to examine a little logic, think about how logical it all seems that hundreds of little guys (all the go IPM posters) are going to all get rich. When have you ever seen such a large group gain so much financially so easily. It is the things dreams are made of and I don't believe in dreams comming true for so many people all at once.......good luck though

PS I once knew a kim hanna in NJ could it be>>>?????



To: kimberley who wrote (26045)11/14/1997 2:13:00 PM
From: Eric Tai  Read Replies (4) | Respond to of 35569
 
Kim,
I think the main reasons the short sellers are having a hay
day short selling IPMCF or in fact any rising mining stocks
are:
1) In general, the junior mining stocks are dropping like a stock
and they can make money just in shorting a "basket" of junior
mining stocks.
2) Their recent "victories" in Delgratia, Bre-X, Cartaway, Timbuka
etc. make the shorties think that they are real smart and that
any mining stock that goes up is a scam. They are too short
sighted and forget about their painful lessions in Diamond Field,
Diamet, Arequipa etc.

Just hope that they learn another expensive lession from IPMCF.