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To: R Hamilton who wrote (5945)12/19/1997 2:38:00 AM
From: Laserbones  Read Replies (1) | Respond to of 11888
 
Rhonda, nothing has changed in terms of my expectations for aipn. Below 3.5 was a definite buy. I do think the stock will maintain the current trading range. Dips below 3 while news is in this holding pattern--and lets face it, there has not been any price moving news for a long time--wouldn't shock me. Nothing about this stock shocks me. There is absolutely no reason for a support level at 5 to be maintained.

It's also tough to judge support right now. It will be interesting to see how the stock trades through Jan without additional news. I don't think any serious news can be expected for the next 2 months. No need to rush in any buy orders. If your long what's another 2-3 months? <BG>




To: R Hamilton who wrote (5945)1/5/1998 10:31:00 AM
From: Sycamore  Respond to of 11888
 
Ronda, After this one, I promise not to waste any more of your valuable time. Just want to give you my observation. Of course Greg will be right. He seems to move in three places at the same time (see below). Also, I've re-read his predictions, and of the long list that he had submitted (and I understand why the others didn't come about), number 1 is the only thing that make sense. If my memory serves me right, after his prediction the stock only traded at "3.25 to 5.75" NOT "3.00 to 6.50" as Greg had predicted. So clearly he missed it by 8% to the downside and 13% on the upside. If you consider 8% and 13% small, then I agree he predicted it right.

Actually, my real problem with him and it's obvious others have similar concerns, is that he keeps saying he is bullish on the stock, but many of his posts didn't seem to reflect that. Also he claimed he is long, but his postings don't seem to agree. I hate to do this, but frankly, if not for his roughness, I'd prefer somebody like Taxi 10x over him for admitting he is a trader\shorter. At least if he gives negative comments on the stock we could perhaps understand why. Also, I agree with your comments on Taxi, I think one can learn trading techniques from him. He seems to be good at that.

Anyway, let's move on. Happy New Year! sycamore

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Brief Summary:

a) December 30, he's saying that the stock could go down to 2s
b) Dec 31, a day later, he says the stock is not going anywhere
c) Jan 03, two days later, he was saying it may go up to 5.

Extracts of Greg's Recent Posts:

Dec 30, 1997

"<<Of course it is interesting that the stock is doing exactly what I stated it would do. This stock is on its knees holding out a tin cup and begging for a handout. If your worried about the 3s, maybe you should just wait to vent when it starts dwelling in the 2s--what
is to stop it? News? Oil is sliding down; demand isn't as high seasonally as expected; interest in aipn is drifting away.>>"

Dec 31, 1997

"<<My view, however, is unchanged. The stock isn't going anywhere until aipn can show us the oil. I'm still betting they will be able to do exactly that in the future. future=months, not days.

January may be an auwfully quiet month.>>"

Jan 3, 1998

"<<Stock should gain some momentum and struggle for the 5s, but it won't be sustainable. There will be nothing sustainable until either a JV or oil is proven.>>"