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

To: Eva who wrote (29078)12/7/1997 2:37:00 PM
From: JERRY GACH  Read Replies (1) | Respond to of 35569
 
Item
Ticker
Company Name
Month
Shares Short
Avg Daily
Volume
S/A*
Remark
1
IPMCF
INTL PRECIOUS
MET
11/97
845,352
187,792
4.50

10/97
798,050
212,155
3.76

09/97
734,654
276,281
2.66

08/97
604,418
196,145
3.08


* S/A = Shares Short / Avg Daily Volume; it may be used as a rough measure of days to cover.



To: Eva who wrote (29078)12/7/1997 4:39:00 PM
From: Bob Markley  Respond to of 35569
 
Eva,

For people w/ a position it might be a viable strategy to bring down the average cost, ... sell some at the top of the range & look to buy it back near the bottom. If one does this enought times, can offset some losses or work one's way out of the position.

Best,
Bob


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