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

To: Terry Jackson who wrote (6899)	1/22/1998 4:25:00 PM
From: JT	Respond to of 11888

Warrants - IMO, the warrants are only good if you believe that the stock price will climb (to say $8 a share) and hold their value. I personally expect a sharp jump upward to $8-10 (maybe more, depending on the seismic numbers) and then a moderate fallback to the $6 range. Based on that, I would buy the stock now and simply hold until it climbs. I don't know how quickly one can convert their warrants into stock so that they can then sell it. Seems like the window will be small for selling. Of course, one could simply convert and hold until the drilling is done. Not me, though. I'm probably going to sell it all on the run-up, and then just follow the company until we put the drill in the ground. Then I may buy back in heavily. It all depends on the coming releases on seismic, JV, and refinery contracts. Just my humble opinion, JT P.S. There are other views that the stock could climb much higher. I hope that is the case, but I am not counting on it. Either way, I will probably be out by mid-Feb (end of March at the latest). P.S.S. BTW, I do not hold any warrants. Too risky! LOL!!! GOOD LUCK TO ALL!!