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

To: Bruce McGaughey who wrote (27963)11/21/1997 3:13:00 PM
From: Bob Markley  Read Replies (1) | Respond to of 35569
 
Bruce,

All accumulation/distribution indicators that I use have shown massive distribution since the report including Granville OBV. This stock is VERY high risk to play from the long side now as rallies are next to non-existent. I tried a probe trades & 2 1/8 & bailed out. The greatest danger for this stock right now are the stop-losse orders of the public that have been/are accumulating at & below 1 13/16. If the MM's gun for these (they are trying!) and these stops are hit, next support is a buck, & expect lost motion below the $1 level.

Bob




To: Bruce McGaughey who wrote (27963)11/21/1997 5:31:00 PM
From: Joe Staniszewski  Read Replies (3) | Respond to of 35569
 
Gordon Rothschild is getting ready to jump in at any second and save this stock! Bruce, no disrespect, but do you really think that TA can give you any clue with this stock? IPM is lacking in fundamentals:
- economically recoverable gold, and
- management with credibility

When the highlight film of this thread is made, I'm going to fastforward to the discussion on "Gordo".


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