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Gold/Mining/Energy : American International Petroleum Corp
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To: r. peter Dale who wrote (1158)8/11/1997 11:06:00 AM
From: MulhollandDrive   of 11888
 
Peter--

Everyone who knocks AIPN has an ax to grind due to missed opportunities .....that certainly is not true in my case. I lost money on my first trade of AIPN, but made back my loss with a nice profit on the second. My point on this company is that until they can demonstrate their ability to convert the oil into earnings (most likely by a partnership agreement) anyone should look at this company with extreme skepticism. The stock price will eventually reflect the company's true value. There is plenty of time for investors to buy and make money once more can be substantiated. As I posted before, I did manage to talk to Huddleston and while I'm not going to disclose the content of our discussion, I will simply say that until more is known this is not a company I would choose to "invest" in. Now trading is another story. The idea that the media is trying to drive the price down with negative publicity is laughable. Like I said before, the lower the price goes on this stock, the more investors would likely stay away, so unless these media sources have some "inside" information about the company which makes them believe the stock will indeed go higher, the whole idea is illogical. On the other hand, one can readily see why it would be in the best interest of the AIPN management and their PR firm to make public statements which might have the opposite effect. It looks to me like their partner that has fronted the money for the licensing has a lot to lose if the stock cannot reach the $5 level and a whole lot to gain if it does. bp
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