Quarter to Quarter Aggressive Growth Stocks Message Board

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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote ()	3/3/2000 2:54:00 PM
From: Jack Hartmann	Read Replies (1) of 6923

Someone drilling AIPN Rated a WATCH. AIPN - Yesterday, AIPN gapped up above the 10/50/200 day EMA sandwich. American International Petroleum Corporation (AIPC; NASDAQ NMS: AIPN) announced today, in response to the unusually high level of activity in its stock over the last two days, that it is not aware of any current or pending events that would be causing the high trading volumes and price movements. Today, AIPN reported. American International Petroleum Corporation (NASDAQ- NMS: AIPN) announced a 35% increase in its recoverable, technically proved net gas reserves to 604 BCF (billion cubic feet) up from the previously reported 449 BCF, for its License 1551, the Shagyrly-Shomyshty gas field, in Kazakhstan. Book Value (mrq) $0.61 Earnings (ttm) -$0.27 Earnings (mrq) -$0.06 Market Capitalization $78.8M Shares Outstanding 78.8M Float 71.7M I sense a pump and dump, although this is not a sham company. May get delisted if share price keeps this low. Rumors of an investment by BPA is just that now. Runup seems unwarranted. Short term downside is a 50% loss, upside maybe 25% higher on sheer momentum. Jack

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