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Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH
AIMH 0.0360+34.8%Nov 6 9:30 AM EST

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To: Schwartz who wrote (608)7/30/1999 6:10:00 PM
From: fghton  Read Replies (1) of 662
 
The drop today was interesting. AIMH did almost the exact thing mid June and regrouped backed to 2 level the very next trading day. Today's action was started by some adverse rumor(s), the extent of which would not be repeated by the PR people. Coleman did not return the PR people's calls so they took that as a "positive". Selling today was mainly 1,000-2,000 share blocks hitting the bid and the buying took place right at the 1 1/4 low on back up. The question is...What was the rumor, and, most importantly, is there any truth to it? This stock has been selling off since hitting a 2 15/16 high and nothing is coming from the company...PR people really don't know anything more than you or I...They just do what they're told....Does anyone out there know what the "adverse rumor" is???
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