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


To: cite who wrote (7303)2/9/1998 12:42:00 PM
From: Sycamore  Read Replies (1) | Respond to of 11888
 
"<<Is Robert Cohen for real?>>"

It's a small firm. But, since it's the only brokerage company following AIPN at this point, we'll probably know the answer to your question before the 6 month buy recommendation expires.

No doubt additional coverage in the likes of Alex Brown, Hambrecht and Quist, etc. could bring a lot of credibility to the stock. My guess is that, if the reserve numbers goes a lot higher than the initial 1.1 billion estimates or that a meaningful JV becomes imminent, it could become a trigger point. Who knows?

Finally, have a few warrants and I'm getting a bit concerned with it myself. If the stock stays here or no announcement of an extension comes out by 2-20-98, I'll probably sell them and take loses. Meantime, though the common stock doesn't expire, won't be that comfortable with it if we don't see the stock doubling in value by April or mid-May 98.

regards,
sycamore