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Gold/Mining/Energy : American International Petroleum Corp

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To: DRRISK who wrote (4889)11/9/1997 4:48:00 PM
From: Laserbones  Read Replies (1) of 11888
 
Sure Doc...if a major cash cow does sign with aipn...I'm talking minimum of 500-600 million, the stock will move up sharply on this news. How high depends on the size of the deal. I would think, though, that even the lower end of the range would give this stock a move to 15-18 or higher as momentum players take a ride.

So deal is announced: within the next trading day or so I'll sell a majority. I'd expect lots of opportunities to get back in with more shares as volume hits healthy seven figures consistently.

There's going to be some profit taking and the stock will give some back initially. All depends on the size of the JV.

This would be a watch and see situation and I'd have the phone in hand at all times.

The big question is will there be a halt pending news again?

Greg
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