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Strategies & Market Trends : Level II Trading
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To: DRRISK who wrote (173)2/12/1998 8:55:00 PM
From: anyer  Read Replies (1) of 1086
 
DR Risk,

I sold 60% of my holdings in AIPN 2 wks ago because the stock is only drifting sideways. Am waiting for volume to pick up before recommiting any more. AIPN is getting ready to move, but I can't tell which way.
Anyway have done much better with ABACF, MRVC,ICST. Can you look at trades today for ABACF and tell me what you think? MM INCA was on the bid all day at 2 5/32. They were taking everything like a bottomless pit:; this is apparently a turnaround play with new CEO from SEV.

As an afterthought, its interesting that SEV went to new high but has no pipeline to ship oil. AIPN sitting under pipeline but waiting for a calendar yr change to drill apparently, or GF is afraid to start drilling with limited funds. Anyway, I think if AIPN really had JV in the works, the stock would be acting better since the market knows.

Thanks,

Anyer

I looked at CREAF but it never showed anything until today.
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