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

To: Bob Jagow who wrote (26375)	11/15/1997 3:16:00 AM
From: E. Charters	Read Replies (1) \| Respond to of 35569

Don't forget signing with a PP'er means that is really a broker's PP who can blow the shares out on the market in 90 days and short to cover losses even if he can't do the blow out. They have their pulse on the market they read here and no doubt will decide if the public can be fooled once again. I think a tinge of realism is in order here. A broker cares not on whit about whether or not the plane will fly in the USA or the platinum is pumped out by the bucket load. He plays the game like the house gambles in Las Vegas. He gambles on customers to show up at his door to buy stock. He has those. So the rest are the suckers who take stock down on his promotion which he steadily sells into. He will go short on the play all year selling stock against his PP and relax cause he knows he can deliver. But they will drive the stock down first to get the PP at a price that they can handle. Nobody will do it at 5 bucks so I predict about $1.80 if it's long term or 3.00 short term. echarter@vianet.on.ca