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


To: BamaReb who wrote (7198)2/4/1998 4:39:00 PM
From: taxikid  Read Replies (3) | Respond to of 11888
 
bama..
it really depends on what you think the investors, traders and market makers can do..
i have not hashed tru it.. i scanned thru it..
i did dl it to my hd and will pick the finer points out of it{more than millenium will do)
I have no position here.. i cannot short it~ it is not marginable.. and all i can do if anything is go long.. there are no options to write.. there are no calls to sell..
so we are looking at the one thing that I can do as an investor..
{or anyone else.. for that matter~ unless they are in the habit of shorting $4 stocks- usually not wise)
what do you think the company will do? will they lower the strike on options? this lets say $3 instead of $4.. this allows them LESS in the event that they do "sell" the exercised shares..
it cuts their pocket by 25% i don't think this is wise..
i think they will do what they have to to get the share price up.. i am not saying they will act illegally.. i am saying that they most likely will announce oil or something to get the stock price up..
I for one will not short this stock if goes over $5..
sorry.. i just don't see more people buying in from these boards.. you are probably overburdened with it already..
the question is how they will manage this..
for you holding the stock.. i guess keep it for a while.. i will start buying @ 3 1/2.. and if i miss a ride up.. i don't care.. it is far easier and less risky for me to play with the stocks i have been playing with..
taxi