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Gold/Mining/Energy : American International Petroleum Corp

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To: Eric123 who wrote (9398)1/11/1999 11:50:00 AM
From: DRRISK  Read Replies (2) of 11888
 
Eric,
In fact a few months ago we did go to 2 1/2 from a low of 15/16.
I see the same technical indicators flashing now like then.

Agree with most of your comments except that I try only to read what the market is doing which has a decidedly shortterm horizon, generally speaking. The fact that I have held this stock since 1/94 does not bother me it is the fact that GF and MF have been so incapable of finding better financial vehicles that spared the shareholder.

I have repeatedly cautioned that if you are not prepared to loose all your invested capital in AIPN do not invest in it.FWIW

Market Update:
It appears to me that for the first time that I have seen that the "Note Holders" are hitting their own bids through ISLD. They have the luxury of doing this I guess. To me it would indicate that the end is near. FWIW IMHO

DrRisk FWIW, IMHO open to other interpretations
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