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


To: knight who wrote (32255)5/19/1998 8:38:00 PM
From: d:oug  Read Replies (2) | Respond to of 35569
 
knight,

You could ask Richard his secret on how to get cheap .25 shares.

My non-secret method to get expensive .28 shares, is as follows:

Today I simply called my broker and brought "at market" ,
and 30 minutes later got the confirm at .28.

Someone, I forget who, said "trouble is relative". Numbers also.

.03 is 12% of .25
.03 is 1.2% of 2.50

My reason to buy at market is as follows:

Not to buy a share at .28, because its .03 over .25.
You do not spent the extra 3 cents because of a 12% premium.

If the financing is not floorless, and spent correctly by IPM,
plus other good news later, and the share price goes to 2.50,
then that .03 extra is about 1% if buy at 2.50.

knight, you mentioned in your post # 32265 those two words I still
need help on to understand.
- floorless
- long

thanks
doug

O, I have a little confession to make.
Now that I have filled my pot to the top with ipmcf gold wallpaper,
and don't need anymore under 1.00 shares, I can now disclose how
to get Frank The Chicken to roost at the Black Rock area.

All of my ancestors were farmers, so it was clear to me from the
beginning of an easy way to get FTC to go to the Black Rock area
and roost. Simply populate the area with free range chickens, and
FTC biological instincts would urge him to do what roosters were designed to do. Lots of fresh eggs for IPM employees too.