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Gold/Mining/Energy : American International Petroleum Corp
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To: DRRISK who wrote (5968)12/30/1997 11:10:00 AM
From: Laserbones  Read Replies (3) of 11888
 
>>I noticed you have a real problem with this stock, DrRisk. This is brutal weakness. The stock moved from 5 3/4 to 3 1/4 in just over three weeks. That is as brutal as weakness can get. It's a 40% loss in an extremely short time. And yes, it moved back up to 4, and yep, it'll move back down toward 3, and yep, it might go the other for a short time. The problem is, DrRisk, that the volume is trailing and the stock is no longer as liquid as it was. Absolute sign of real weakness and a bad sign down the road.<<

The above is a statement I made in an earlier post to which you offered the following reply:

"But your post is truly sophomoric and out of touch with the reality of this stock. So get a life and stop trying to analyze this stock it is not analyzable and neither are you so Buzz. Trade and scalp to your hearts delight I could care less. My position on this stock is unchanged. Permabull. Submit this."

Of course it is interesting that the stock is doing exactly what I stated it would do. This stock is on its knees holding out a tin cup and begging for a handout. If your worried about the 3s, maybe you should just wait to vent when it starts dwelling in the 2s--what is to stop it? News? Oil is sliding down; demand isn't as high seasonally as expected; interest in aipn is drifting away.

Down volume is over up volume last 15 trading days. Overall daily average volume is retreating.

Any thoughts?
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