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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

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To: rfisher who wrote (23)6/22/1996 8:08:00 PM
From: Rich Gottlieb   of 9164
 
I just discovered this thread and have read all of your posts. If everyone here knows of the pending deal with a major oil co. why hasn't the stock made a substantial move?

I am sure there are those in the know that here about stocks like this long before we do.

Looking at the chart, I don't see how the stock has started moving on the rumor.

Could you please give me your short term predictions for AKSEF.

By the way, I have played call options for many years, and unless you can afford to lose your investment, STAY AWAY.

Don't try to make a million over nite. In my years of chasing calls, I've won 10% of the time. Sure, when you win, you win big, but when you lose, you lose it all.

Just my opinion, you do what suits your style.

Please respond to anticipated price on AKSEF and time frame.

Thanks,

Rich Gottlieb
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