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Gold/Mining/Energy : American International Petroleum Corp

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To: Jeff Briley who wrote (3242)10/7/1997 11:17:00 PM
From: Laserbones   of 11888
 
Jeff, at least your consistent. One clear fact about short traders--specifically the hardcore shorters--is they can be some of the sharpest traders. But just looking at your stance from a trader's perspective:

Why would you short @ 5 5/8 when 6 was an easy in? Also, why carry an exposed short like this overnight? Yeah, sure there's alot of hype and speculation surrounding this company, but why take the risk of a delayed opening on news if you don't have to? AND I know that this most likely won't happen tomorrow, but...

There's alot of volatility here; more then enough to make money either way. Why be impatient @ 5 5/8?.

Greg
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