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


To: DRRISK who wrote (9632)4/1/1999 9:57:00 AM
From: DRRISK  Read Replies (1) | Respond to of 11888
 
Thread,

I smell a short cover. I see that Isld and Nite are on the BID and that the ASK size is dwindling. If the Hunts are thinking payback on the $2.9 million they certainly are short and the "piggy backers" are looking like they better bail too.

Additionally, the ubiquitous presence of ISLAND and NITE on the ASK is notably absent today. This is where MM's team up to manipulate stocks.

These are my interpretations of Mkt activity and represent MHO and FWIW comments. Will update as the action becomes clearer.

Again remember that the decisions of GF and DF have done this to the Company. If we get a Good COO then we also have a new direction.

OT<<<<>?>>>>>>War drives OIL and that unfortunately is a consequence of Kosovo. The escalation there is frightening. I would rather loose all my AIPN investment then see this escalate. A president who approaches war as a staged event is a moron and this president is behaving like we can keep a safe distance from conflict. We ran out of cruise missiles, we are ignoring the risks over there and now dribbing and drabbing offensively. Very scary. A pacifist running a war.

DrRisk only what I see



To: DRRISK who wrote (9632)4/3/1999 9:23:00 AM
From: Taylor Mill  Read Replies (2) | Respond to of 11888
 
DrRisk

I have not posted here in a while and I don't disagree with many of your comments but find this characterization of AIPN as one that totally ignores the operational history of the company and in many ways is indicative of why so many investors have lost money due to misinterpreting the actions of the company:

>it suffers from the fact that it is dependent on financial
>factors that do not readily reflect the entrepreneurial nature of a
>“wildcatter” venture that is AIPN.

Bottom line is that the company is not what one could characterize as a "wildcatter". Wildcatters drill wells; they win some they lose some -- at least they get chances to win because they look like act like exploration ventures --- they expeditiously develop portfolios of prospects and drill the holes. I don't think AIPN has made any serious effort to drill an exploratory hole in years. The gas well in Kazakhstan was in no way a serious exploratory activity and does NOT count IMO.

I also beg to differ with characterizing AIPN as entrepreneurial; when I think of entrepreneurs, I think of a Gordon Moore, a Steve Jobs etc who develop ideas and innovative business models and create wealth -- not the GF's of the world whose schemes and whose business model seems to be focussed on gaining wealth for himself and friends at the expense of stockholders