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


To: Bijan Khazri who wrote (29045)12/6/1997 6:44:00 PM
From: Bear Down  Read Replies (1) | Respond to of 35569
 
Like Karl says someone MUST LIKE WHAT THEY SEE for the $1,250,000.

My take is they see a chance for a nice profit shorting against those shares.............There is still so much "irrational exuberance" amongst the shareholders on this thread. That to me spells oppurtunity, oppurtunity to SELL.....remember you don't make a penny holding stock. I see IPMCF in the 50 cent to $3.50 range, not high enough for longs to sell, but low enough for shorts to cover. And in a range that allows all the foolish believers to "average down" on each new "buying oppurtunity"!!!!!!!! But then again I only made $4.25 a share in a 2 week period, I must be an idiot!!!!!!