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


To: GOLDIGER who wrote (26400)11/15/1997 2:52:00 PM
From: Joe Hartenbower  Read Replies (1) | Respond to of 35569
 
Goldiger >It does not matter what ZEEV or anyone else says about the news release.<

No kidding. Does it make any difference what Ron S. says or maybe how the big guys vote their stock monday monring.

>Hundreds of investors bought millions of shares of IPM because of the news that was suppose to propel the stock into orbit.<

I've thought about that. Give me an example of what would have caused the guys that buy more then 1000 shares at a time to buy and hold more than about a day.

>The news is out and IPM is not going up.<

Well, it depends on how many paranoids and weak sisters out there fold while the big guys stick or buy. For sure the shorters will buy your stock. I've gotten six "panic sell pieces of crap" from shorters already. I'm in pretty good. I think it was a very good anouncement. I think that immediately or in a few days it will start going up like BXM did (I know you remember that one). However, this time it's got COC and Bateman behind it. Don't you wish Bre-X did.

>Most if not all the investors that bought IPM based on a great news release that was going to send the stock through the roof WILL sell on Monday.<

No, your wrong. I personally know a lot more that won't. I sold BXM at $275 and $240 for good reason. There is no reason to sell this. Only those with margin calls and amatuers will sell. I have lots of two strong stocks right now T.MAN and IPMCF. If I had to give up one, it would not be IPMCF!

Sorry Goldiger, but I just think you are wrong. I pay Ron S. so I really read it closely. Suggest you read it closely.

Joe