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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?


To: qdog who wrote (4587)11/3/1997 2:08:00 PM
From: Sycamore  Read Replies (2) | Respond to of 11888
 
Qdog, Your guest is as good as mine. Though, I should probably give more weights to yours because of your solid experience in the industry. Thanks anyway! But, let me take it a little further and share with you my speculative prediction on th stock based mostly on the bulls opinions\information discussed and provided here on this thread. Of course included in that is the observation on the past behavior of the stock and my own positive outlook of it, even before I started reading SI posts. This prediction assumes that %80 of the bulls scenario occurred in the near foreseable future. My wild guess as the following events take place:

a) Once the production agreement is signed, the stock will be trading above $7.00. Within 10 (1-7) days

b) Other positive news that follow after that should drive the stock above $9.00. Within 7-21 days.

c) Then, to above $14.00 once the JV agreement with a major is sealed or financing is secured. Within 7-45 days.

d) Downside risk on the stock IMO, if nothing of the above condition materialised within 30 days is 3.50 dollars per share.

With mine on the table, I'm very much interested in knowing your speculative prediction on the stock? Sycamore