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Gold/Mining/Energy : American International Petroleum Corp

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To: qdog who wrote (5843)12/14/1997 5:50:00 PM
From: Sycamore  Read Replies (1) of 11888
 
Qdog, I'm not so sure I agree that Shell or any major oil company would be a good example to use in this case. AIPN is still a story of potential and is yet to make its first dime and worst yet find its first drop of oil. And as such the stock relies heavily on news for it to move higher. In the absence of credible news the stock goes down.

Shell and other majors on the other hand due to the paranoid nature of the industry may hold on to news for months, but their stock could still trade higher. Obviously, the same condition doesn't apply here with this little company.

Meantime, I think we're getting a little off topic here, just wanted to see AIPN forming its base above 5.00, so that institutional money could pour in. As a baby company that has yet to prove to the world that it found its first drop of oil, I figured, once it gotten the money that it needs to grow, there will be plenty of time for it to worry about "secrecy or building a huge volt as necessary."

I think the bottom line is, if AIPC has some solid news at hand, it has to release it. Pure and simple. Anyway, that's just my humble opinion. I could be wrong again. sycamore
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