To: NoMoney who wrote (6364 ) 1/5/1998 5:24:00 PM From: NoMoney Respond to of 11888
Some seem to have forgotten that Dr. Faris went on the road to meet with institutional investors, money managers, brokerage firms, etc. It is highly unlikely that he would do this for frivolous reasons. Also, much Smart Money has bought into this "story stock" for the ride. As a consequence, we may see alot of churning on the price as they attempt to secure as many shares as possible before the imminent explosion. I see today's action as longs returning after the year end and that news release reads as if it is trying to restrain a raging bull.{pun intended}. It also could be the manipulation of MM's to get a rise {pun intended again} out of the high expectation for news. Ergo, quick gain on relatively low volume at the time. Eyes will be on AIPN as it made the top percentage gainers today and sans news release it would happen again tomorrow. I remain optimistic about AIPN and am posting an old post which give a few days or so and an eighth of a point or so was pretty accurate. To: blowout (1907 ) From: NoMoney Tuesday, Sep 2 1997 6:23AM EST Reply # of 6370 I looking for about 2 5/8 this week. 2 3/4 next week and the following. News dissemination the week of the 22nd and a share price over $3 from that point on. Reaching into the archives of about $30+ next year around March. There is oil in them thar hills. No guru here just a humble opinion based on available resources. Peace, NoMoney Keep in mind that this is MHO and takes into consideration: "story stock", joint venture, drilling results, siesmic data news releases, financing agreements already in place, institutional support, and oh yeah, EL NINO. {seems it gets blamed for everything nowadays} Peace again, NoMoney