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Gold/Mining/Energy : American International Petroleum Corp

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To: DRRISK who wrote (8767)6/12/1998 9:23:00 AM
From: Sycamore  Read Replies (1) of 11888
 
<<RMCC has been missing in action of late and I bet he will wait on that bottom and start scooping up the remains.>>

DrRisk,

Hate to disagree with you, but if your assumption\speculation is even partly true, then it makes me very uncomfortable about giving any value to the current and future Cohen recommendation(s). Remember this is the same company that issued a "BUY" rating on AIPN which it reiterated last month having a price target of $10.00. If they really believe that then why not buy at these levels? Are they serious about that recommendation or what? Oh, well what else is new?

Having said that, the one thing I know for sure, they bought a bundle last week. And if a substantive news is to be expected early next week, then one could only speculate that we may see them back on the bid today. It will be interesting to see what they do next.

regards,
sycamore

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