American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: Sycamore who wrote (4850)	11/8/1997 6:45:00 PM
From: Laserbones	Read Replies (2) of 11888

From my experience, Sycamore, when poor financials are released after close on a Friday the stock scrubs 20% at some point on Monday. I did not say the stock would be down significantly for the week. The report was crap, and most expected it to be, but seeing it in black and white crystallizes it in the mind. Psychology drives the market more than anything and bottom lines like a quarterly report fuel the emotions. There's no good reason to release 10Qs for a weekend simmer. This is poor judgement and usually has a more harmful affect. Consider it this way, how confident can aipn be when they release such info when they did? If they know they're sitting on "tons" of oil, touchy-feely games are not required Did I give you a break? Greg

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