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Gold/Mining/Energy : American International Petroleum Corp

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To: sand wedge who wrote (5574)12/3/1997 10:47:00 AM
From: Tim Gardner  Read Replies (2) of 11888
 
I'll tell you why. This same thing happened not too long ago when we were hovering at the 5 level. Why is that? Well, for a number of investors AIPN became marginable at $5 a share. So a lot of them with the good news went full out on margin. The evil shorters out there see this and they want to make some quick cash. They short AIPN shares to get it below margin price so investors recieve margin calls from their brokers and are forced to sell. They love to play these games. Well I just sold some other positions and bought more AIPN at 4 3/4. They won't win the battle this time. We are not idiots. AIPN is a steal at these prices.
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