American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: Sycamore who wrote (6844)	1/21/1998 7:22:00 PM
From: taxikid	Read Replies (1) of 11888

lovely prose.. bottom line is buffett lynch and the gang would never buy this stock so what is the relevence here.. now you are trying to claim that making well timed trades would make one lose money consistently.. buffett had the fortune of having many $10,000 investors in the 50's.. when houses cost less than that.. and a new corvette fully loaded was $3 grand.. lets average this down.. new fully loaded vette=$45K same 50's vette with less than 10k original mileage~in a garage for the past 40 years..=$900,000.x3=$2,700,000 buying 10k of gold @20 an ounce=500 ounces..x300 ounce{you could have sold it 20 years ago @800 an ounce}$150k vs $400k{1979/80} what is the point that buffett has done well? he did so buying value companies not lottery tickets.. aipn today is a lottery ticket.. instead of being able to take a million in tickets.. and maybe lose it all.. or win whatever the jackpot is.. you can make %% gains from trading it.. keep dreaming pal.. it is the fool and his money that are soon parted.. remember that regardless of where this stock is next year..

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