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Gold/Mining/Energy : MINE vs IKAR -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (33)	4/15/1998 1:30:00 AM
From: nikko	Respond to of 94

IKAR is volitile at the moment because of the MM's there is a big SHORT position at the moment.In other words they are selling stock they don't have and dropping the price and creating a little panic.Even though this sounds funny I thought today was a great day to pick some up and average down,which I did, as far as the company goes everything is going fine,there is no other reason for the recent volitiliy,the stock average between sept.-march was around 2-3 dollars then excellent news comes out and the stock drops to 1 dollar go figure,but the shorts will have to cover there position by April 30th because of the name change it should be very interesting to see what happens over the next 2 weeks,All hell might break loose!!!There should be some news in next couple of days maybe tomorrow I think the stock right now is still a bargain if your still thinking of picking some up would grab it in the morning at 1 dollar I dont think a couple of cents should make a big diffrence,I understand that no one likes to overpay for any stock they purchase especially if you can get it cheaper,but if you look at its chart you will see what I mean.I probably dont think we will see 2 dollars this week the way things have worked out unless the news coming out has a beneficial impact.If you do purchase tomorrow dont be afraid of the seesaw movements at 1 dollar I think risk is minimal anyway but the day will come when this TIGER will GROWL. GOOD LUCK + INVESTING GO IKAR!!!!!