American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: MulhollandDrive who wrote (621)	7/23/1997 4:22:00 PM
From: Juan Dominguez	of 11888

Not this time!! Last time it gapped down, the intraday momentum indicators were deteriorating big time toward the last 3 hours of trading. That's why the stock closed about 10% below the day high. Today, the momentum indicators shot up 1 hour before the close and predictably, the stock closed 1/32 below its day high of $3.00/share. Additionally, stock is currently trading above $3 in after hours trading. Moreover, todays move came after a very significant news flash about analyst coverage and $10/share target. Last time it gapped down its was 3 days after the 1.1B potential reserve anouncement. I guess we will see :)

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