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


To: BillyZoom who wrote (30739)2/28/1998 1:17:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 35569
 
Robert, "Pump and Dump" are not always exploited by insiders, and not always "directly" by insiders. To determine what is happening you need more transparency. Two years ago, or so, there was what IMHO was a P&D, it involved Hoare which used the excitement created by the 450 ton test (which turned out to be a failure) to dump a number of shares (according to the then fearless leader CL).

Someone used to post institutional ownership in this stock, and I wonder if that has changed markedly during the recent decline. It would particularly interesting to see how much selling was carried on from the hype that drove the stock to 14 last year and then the rebounds from the 4 to 8 and then to 6 later in the year.

Zeev



To: BillyZoom who wrote (30739)3/1/1998 11:46:00 AM
From: go4it  Read Replies (1) | Respond to of 35569
 
Robert,

I try but am not always successful in monitoring insider activity. I have not witnessed any filings for insider activity on either the US or Canadian side. I was told by a person that a person had purchased shares in Feb of last year and sold a month later which was before and after to run-up respectively. I was not able to confirm or disprove that information. It is my belief that there has been no insider selling or buying in the last year.
Regards,
Chuck



To: BillyZoom who wrote (30739)3/2/1998 4:21:00 PM
From: ddl  Read Replies (2) | Respond to of 35569
 
Robert.. One director sold options he exercised last year during the run up. he did good. But before black Friday, the principles of Co. we all know by name had no inside trades. As of black Friday, I cannot tell as it's about $35.00 a search.
Mind you, there are lots of other ways to make a buck without insider trading. - denis