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Non-Tech : Thom Calandra, CBS Marketwatch and IVAN - Exposing the TRUTH

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To: Jack Hartmann who wrote (154)1/26/2004 1:45:20 PM
From: Jack Hartmann   of 167
 
Some Realmoneyt.com writers thought IVAN was hype before the resignation.

Then there's Crazy IVAN, a Canadian oil and gas driller with negative cash flow and a clouded outlook. Ivanhoe Energy (IVAN:Nasdaq - commentary - research) was trading under a half-million shares a day in early June before the hype machine revved into high gear. Within two months, this 45-cent stock was racing higher on more than 15 times its average daily volume.
Once Again, Don't Believe the Hype


By Alan Farley
Special to RealMoney.com
12/01/2003 11:56 AM

Then there's Crazy IVAN, a Canadian oil and gas driller with negative cash flow and a clouded outlook. Ivanhoe Energy (IVAN:Nasdaq - commentary - research) was trading under a half-million shares a day in early June before the hype machine revved into high gear. Within two months, this 45-cent stock was racing higher on more than 15 times its average daily volume. One source for the move comes way too close to home: a swing trading newsletter for another publication. Seriously, I don't know enough to judge the wisdom or motives in pushing a sub-dollar stock to a broad and gullible public readership. I do know it's something I would never do because it would seriously undermine my credibility.

Hal Uy
IVAN
11/17/03 03:22 PM ET
I have received several emails about my Ivanhoe (IVAN:Nasdaq) short. This is a fundamental short for me not technical. I am short because of my concerns about company management. I am aware that IVAN is a long stock pick of one of the hottest newsletter writers.
IVAN
11/17/03 11:40 AM ET
I'm looking to add to my short in Ivanhoe Energy (IVAN:Nasdaq). Im planning to average into this over a wide range.

Jack
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