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


To: kimberley who wrote (27355)11/18/1997 11:08:00 AM
From: Larry Brubaker  Read Replies (2) | Respond to of 35569
 
kimberley: "it's not showing up in the size on the bid, but
somebody is picking up large blocks at the ask."

Shorts covering?



To: kimberley who wrote (27355)11/18/1997 11:50:00 AM
From: Robert Knight  Read Replies (3) | Respond to of 35569
 
kimberley, it appears that the shorts are the only ones doing any substantial buying this morning. They moved the stock up in the morning to try to sucker in any smallish retail buying. They then put the brakes on and move it lower. This slow methodic downturn is showing us that they are in complete control of the stock right now and the MM activity bears this out. Current 2 25/32 - 2 7/8 354K
edit....HJMC is HJ Meyers a small MM who has traded the stock

Robert