American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: hoffy who wrote (5878)	12/15/1997 4:56:00 PM
From: taxikid	Read Replies (1) of 11888

if you do it ten times and the odds are even..you get 50% loss{5 x 10%} vs 75% gain.. important to try and find the bottom of the trend channel. notice when i went long the few times i did in the past few weeks.. i jumped out real quick to avoid stop loss. formulas for strategy are different for different people.. getting and 1/8 here every other day time 5k shares is=625 lets say 10x a month= $6250 a month.. subtract 3{30%) 1/8 losers=$1875 loss 6250-1875=4375- 15R/T comms {ya get 2 break evens}=$300 u make $4k a month or roughly 20% on your 20k gambling money.. buying @ 3 3/4 and waiting for $5 is great but u may see three flat before then.. that don't sound too good. a good idea is to set your target before you buy.. if you use aol, ask the shills how they trade aipn, cause if it was up them you woulda bought @ 7 and still be holdin.. someone is selling and rebuying this stock.. i hit it every two weeks. look at everday volume.. no mention of this stock in the ibd or wsj as a play. taxi

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