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


To: DRRISK who wrote (8562)5/7/1998 9:48:00 AM
From: DRRISK  Read Replies (2) | Respond to of 11888
 
Since no one else feels the need to post I will continue to share when I have something to contribute:

The recent development that I find a nice new somewhat reassuring side to the AIPN saga is that for the first time the stock seems to be able to be tracked better technically. This may be a harbinger of a brighter future. Right now the technicals are quite bullish and we are coming off an overbought condition that was caused by the short covering.

I have long said that technicals were of no value with Aipn, I have changed my mind on this point and believe that it is a positive development for the stock going forward. The hype is finally out of the stock and management needs to perform on the basis of reality which for me is a more secure feeling. The stock should on the basis of technical ANALysis, IMHO, close above $3 this week.

DrRisk