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Gold/Mining/Energy : American International Petroleum Corp
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To: MARIO PASQUA who wrote (4634)11/4/1997 7:39:00 PM
From: Sycamore  Read Replies (2) of 11888
 
Mario, The number of bulls on AIPN is obviously decreasing. I wonder whether it's a positive sign or not. But, since very few people make real money in the market, while many of us loose our shirts that's probably a good precursor of what lies ahead. I think it goes with the saying that when bad news hits Wall Street the "SMART MONEY BUYS while the SCARED MONEY SELLS."

Meantime, I've heard that brokerage firms that follow the stock very very closely are actively buying more shares during the last few days to increase their AIPN inventory. That's a very positive sign.

From today's closing price, the only risk that I see on my investment on this stock is for it to earn a meager 40-50% in the next 60 days.

With regards to the announcements today concerning personnel changes, I see that as a positive as well. Three good heads is certainly better than one. Their varied and well rounded experiences in their respective areas of expertise can't hurt. From here, it's getting pretty obvious that the dynamics of the deal is changing. It's definitely getting better. Let's see if we can get some positive news tomorrow.

How about a January bulls party when this is all over or say when the stock hits $15-20.00? sycamore
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