Dan, sorry for the confusion. I'm new to this posting "jargon". NLT (No Later Than?). In any case, the release indicated that there is allot of activity at AIMH. I was very encouraged at the number and caliber of interested parties aligning themselves with AimRite. I'm not sure if this will be the only release or not...I would not be surprised to see several in the near future. Prima Capitol is sending me a 70 page booklet outlining the entire operation. It will contain much more information than is currently available on the web-site. It should arrive tomorrow. I will try to provide some form of synopsis tomorrow evening.
I would like to mention a few additional points:
1. I have a friend that works in production a Ford. They are doing a great deal of work with "new age suspension" in preparation for the 1999 prototypes. He doesn't know the parties involved, but they are working with outside people on this project...could be more than one...could be several. He did indicate that a company such as Ford benefits greatly when they can out-source because it reduces the implementation time sometimes as much as 50%. We have also seen, in print, that Ford has made favorable remarks concerning AimRite's technology. I'm not trying too hard to make a connection, but this should not be disregarded either. It's also interesting to note that according to jwk's summary contained in reply #9, the patent is assigned to GM and AIMH listed as a reference. As with jwk, I don't know what this means, but there seems to be allot of big names being attached to AimRite!
2. Concerning the short position. I'm a chart watcher. Generally, I would view the top zone from 1.51 to 1.60 as resistance. If in fact this is a "bear's den", maybe we should view it as a "bull's eye". I was told today that some of the shorts were starting to cover their positions. If this is so, we could be closer to a legitimate squeeze than we think....it could be very close at hand. I'm not sure as to where the price could go. I'm a firm believer in setting price targets; but the few squeezes I've seen seemed to perform according to
a different set of rules. In this case, it could be particularly interesting when you consider that half the float is positioned on the short side. I'm going to try to make my determination based most likely on momentum alone.
Hope this is helpful,
Watson |
