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


To: Brander who wrote (26609)11/16/1997 12:46:00 AM
From: Furry Otter  Respond to of 35569
 
I'm back, after spending the day with my kids. Fun day!

Has anybody noticed the shorts have gone from their post-release "gloating" back to their usual desperate, hyperbolic shouting about fraud, scams, etc? Hmmmmmmmmmm

Shorty is seeing his covering opportunity disappearing, IMO.

I have thought a lot about this, I've read the release about 100 times, I have spoken to some people...I said after the release came out, "I think it's not so bad." Actually, upon further reflection, I think it is good.

AZDOM owes IPM one big frickin apology, if they have any class at all, Nyal and Mason will provide a written apology to IPM which will be posted on the IPM website for all to see, maybe that will wrap up the lawsuit, IPM already extended the olive branch in their PR

I have never been more bullish about this company.

I am starting to look forward to Monday.

Regards, Otter



To: Brander who wrote (26609)11/16/1997 12:55:00 AM
From: Smurph  Respond to of 35569
 
Hi all. Enjoyed reading the diatribe over the last 24 hrs. I would just like to ask a few more questions if I may.

I have been following the mm's for quite awhile, over a year on a day to day basis and have noticed that the one to follow is not keyz but nite. Has anyone followed their trading pattern in the last week?

Nite has been selling IPMCF on and off for quite awhile. Except when it moves up, in which case Nite drives the bid up then radically switches back to low and then lower and then lower offer.

Who is nite? My guess is that they are a shorter but does anyone have anymore knowledge? I have seen nite show bids of 2 and 3 thousand shares mysteriously disappear when I have tried to hit it only to have them go low offer seconds later. Remember folks that unlike the Dells and Intels of NASDAQ, IPMCF is a small cap and does not conform to normal NASDAQ rules.

Oh by the way, on wed and thurs nite went high bid or joined the bid at least 10 times. Keyz is rarely on the bid. On friday both nite and keyz went the high bid low offer switch a few times.

I have often wondered how the mm's can have such a free range on the price of stocks in markets with low volume. Not having to reveal their actual size is probably the biggest advantage anyone including Vegas can have on the public.

NASDAQ was supposed to be for the small investors, but having been a day trader for a year now and watching the ridiculous daily fluctuations in market price on stocks like nvls, cube, csco, dell to name a few is amazing. I digress, sorry...

My opinion which is as good as old bath water is that we should leave trading on Monday to the pros. Short or long, the mm's can and will make everyone look like a fool.



To: Brander who wrote (26609)11/16/1997 3:33:00 AM
From: Bob Jagow  Read Replies (1) | Respond to of 35569
 
You are nitting, Brad. It was already stipulated that one would use a short-term moving average for tidiness.

TidyBob