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


To: MARIO PASQUA who wrote (5915)12/16/1997 7:37:00 PM
From: DRRISK  Respond to of 11888
 
Mario,
The thing that annoys me is not the down drafts but rather that a slew of small investors get screwed in this kind of action. Most of the trading has come out of Schwab the past few days, Myer-Schweitser.
So the MM's can take advantage of Schwab's margin rules and force sales when the stock is vulnerable and scoop up the shares in the mop up. This annoys me because these are people that have bought the Aipn story and are slaughtered by this kind of crap because of the margin calls. I know caveat emptor but it still annoys me because it is abusive and this is war after all, and I identify with the weak hands against the MM's and hate to see them outsmarted. But experience is the only teacher and I have had my share of screwins.

DrRisk tommorow up again