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

To: Zeev Hed who wrote (8891)	7/11/1998 12:33:00 PM
From: DRRISK	Read Replies (2) \| Respond to of 11888

Zeev, Sorry did not respond in the past but I am certainly not going to tell someone of your caliber when to reenter AIPN. However, I will say this that RMCC has sat for the last three to four days at 1 15/32 buying what looks to be all the shares that the Hunts are offering or willing to offer at that price. He has accumulated (only a guess) somewhere in the range of 150,000 shares and I hear tell he would take all they have if he had the chance (only a rumor). The above accumulation, however, saving the actual number of shares, is a fact that I have observed. This tells me coupled with the rumor of strong institutional interest in this new debt vehicle and I mean debt vehicle not pure Equity vehicle that AIPN is finally and belatedly moving into the next phase of its corporate financing history. FWIW I do not see sub $1.00 this IMHO is the bottom. Coupled with the pending announcement on Earnings that will reflect that AIPN has revenues with a financing deal that is timed to this earnings announcement, I think we will start to trade back over $3.00 very soon. DrRisk FWIW good luck