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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX) -- Ignore unavailable to you. Want to Upgrade?


To: Dan B. Brockman who wrote (660)3/26/1998 12:50:00 PM
From: Owen Miyamoto  Read Replies (2) | Respond to of 866
 
I have been a long time observer, buyer and seller of Indo. Made money, lost money. Indo seems to have bottomed out along the $2.50 level and has held close to that range for quite awhile. If the past is any indication of the future, I think the powers that be at Indo are getting ready to prime the pump again. Recently, there have been some sporadic large volume purchases but not enough to really catch someone's interest.The other day for example, volume jumped over 100,000 shares and the next few days went back to the less than 50,000 range. IMOP, something very quiet is going on and I expect to see some sudden upward action on Indo.

Would appreciate any feedback.