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


To: Web2 who wrote (7698)3/12/1998 4:32:00 PM
From: Laserbones  Respond to of 11888
 
Of course he's selling all the shares he registered to sell. The aipn faithful were convinced that when he and others registered shares, there was in fact no intent to sell. A few of us tried our best to point out that a registration is if anything an intent to sell, but we got shot down. I think the argument went something like this:

"GF/Millenium are only registering so that when the stock hits double/triple digits they can profit from their hard work."

GF has/had lots of shares around $0.25, I believe. Even selling @ 3 1/2 is a huge return. He's making money even as the stock sinks...his investment strategy should be admired. Are the hats still off as GF takes a bite out of Aipn's equity pie?

Question fo anyone: When is the last time that a high ranking aipn officer bought a single share of aipn?

Greg