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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?


To: GlobalMarine who wrote (7085)12/11/1997 10:18:00 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 20681
 
Rand: As an IPM shareholder on "Black Friday" I find Taylor's recommendation to be absolute b.s. At the time he recommended sell Naxos and buy IPM, the price of IPM was over $5, now it is $1 and a few pennies. He is trying to defend this horrible call? Give me a break.

He made this recommendation immediately after IPM provided "verification" that they had been lying to their shareholders for months. But rather than criticize IPM management, he criticizes Naxos management.

As far as I'm concerned, Taylor must have been so long on IPM he couldn't see straight, and he made that recommendation to try to salvage his own butt. Just my opinion.