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


To: T-Lo Greens who wrote (7273)2/7/1998 2:25:00 PM
From: taxikid  Read Replies (1) | Respond to of 11888
 
they say eat sh.t~200 billion flies can't be wrong!.. i agree that that is a bullish argument.. and defines the herd mentality..
the name of the book is crisis investing for the rest of the nineties..
by douglas casey..
he has been wrong about the overall general market..
as he underestimated the amount of dollars that flew into the stock market.. he is a brilliant man.. who probably is ahead of his time.. his advice in oils, metal,etc is great.. and he called the rise of aipn on speculation{third world junior-sub junior in this case..)
p257-272... he admittedly is not an expert in OIL.. but he sees the trend and defines it.. when aipn is proven it will be a worthy buy.. for long term.. if it is not proven then it is worth whatever you could have p[aid for it at the bottom of the channel..
we are precisely inthe middle of the channel..
and i presume one or two things about insiders registering to sell..
they are gonna sell... or they registered to sell as a fakeout..
in the first instance If i am a bull.. then i say they are selling because they are going to announce a huge find.. and need the money they have been waiting for...
or they are not market savvy enough to sell the top.. therefore it will go much higher then where they sell.. and when the market absorbs what they sell.. we can "go to the moon"
if I am a bear-- they are going to sell into news they are withholding and find the top of the channel... keeping patient shareholders from selling the tops..
they may sell more than the market can stand and depress the prices.. or they are gonna bre-x the shareholders..
as a disinterested party right now i think " let me se what happens here.. it is interesting to say the least.. the oil isn't going anywhere today tomorrow , etc.. let's see if aipn can grease enough people in Kaz that they can keep such license after it is proven..
if the license is l;ost or void or there is no oil.. what is aipn worth..?
may be better to chalk this one to experience and watch.. why this stock never based above five has kept main street and wall street away.. i wonder why..

taxi
i wonder..
do your own due dil..
i may buy a few hundred shares and leave this board..
{remember i trade 5k blocks when i trade so a few hundred shares is merely a small % of the profits i have gained... no risk}
taxi