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Gold/Mining/Energy : American International Petroleum Corp

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To: john david martin who wrote (639)	7/24/1997 2:14:00 AM
From: Thu Ra Tin	of 11888

I have heard on AOL that a few firms have taken short positions on this stock, and they have vested interest in seeing the price come down. That means that there will be people posting negative comments to try to discredit the company and to make the price lower. I believe most people following this thread already know that this is a very high reward/high risk play. ------------ >>RSubj: buy rec... >>Date: 97-07-23 21:23:51 EDT >>From: Mir p 62 . . . >>[I] do believe we should hear more on the refinery >>at the meeting or shortly thereafter...trading >>activity was tremendous today..buyers still around >>after the close at 3 dollars..expect stong opening >>..then an attempt to bring it back down..there is >>a short developing (a few firms that I know of have >>a substantial short)..if the stock can't be brought >>down by Friday the shorts may scramble to cover prior >>to Mon meeting..again I still believe that if you are >>in for the long haul forget the day to day..I am giving >>this opinion for those who like to trade this one..(just >>an opinion)..good luck..also ..warrants exc.at 4 ..call >>provision at 8 for 30 days..take care

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