SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : American International Petroleum Corp

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: taxikid who wrote (5903)12/16/1997 1:41:00 PM
From: JT  Read Replies (1) of 11888
 
<i wonder why all these guys who owned and screamed buy>

Just so you know, I am one of those sitting at an average cost
basis over $6. However, I haven't been one to scream buy, buy,
buy, OR for that matter sell, sell, sell. The bottom line is
that this is an extremely risky play (either long or short),
and not for the faint at heart. IMO, the MMs playing games with
the "stop loss" and "margin" folks to earn some cheap shares.
That's why the stock price climbs back up to $4.50-$5.50 each
time it drops on no volume. If they bring it up to near $6 and
there still is no news on the WaveTech numbers, then I may just
short my way down to a lower average cost basis. Either way, I
plan to remain in this stock until I hear about the new numbers
from WaveTech and/or the JV. After that, I will adjust my position
if needed.

Regards,
JT
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext