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Gold/Mining/Energy : American International Petroleum Corp

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To: taxikid who wrote (5121)11/18/1997 1:30:00 PM
From: Sycamore  Read Replies (1) of 11888
 
Taxi, I'm having a hard time contemplating that this stock went to $7.00 because of Millennium. Maybe they have a special deal with some other clients that we don't know about. That being the case, I'm sure they'll agree with you on your assessment. With the stock potential as it is, any PR firm can do the same, perhaps a LOT BETTER.

Afterall, using a very conservative estimate (70% of 1.1 potential recoverable oil reserve or 770 million potentail barrels) R. Cohen & Company analyst Keith Bossey last July (AIPN was trading at $2.25 per share at the time) had recommended the stock to have an appreciation potential of $10 within the next 12 months. What's more, this didn't take into account the upgrading of AIPC's refinery business that has the potential to add another $5.00 per share to its stock price.

Well, who knows what a real good PR Firm can do to the stock price! sycamore
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