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Gold/Mining/Energy : American International Petroleum Corp

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To: Winston Kim who wrote (261)7/14/1997 4:26:00 PM
From: Michael Dappert   of 11888
 
A surprising end to the trading session. MMs have gathered a lot of shares in the last half hour. It appeared to start to take off and then died of maybe unnatural causes. I have to wonder why would anyone sell this at this point with today's news. MM in my mind stands for Market Manipulator as much as anything. That is why I have not followed close behind with any stop orders. It seems you could get knocked out real quick and left behind.
I got in this Friday morning due to volume and activity and once I investigated further, while thinking, OH God, another Bre-x a few times, I decided to hold and wait. I was surprised to see what seemed to be more selling than buying at the close. I wonder why. Was it just cause the rally died and the price did not keep going up? Any ideas?
MD
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