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Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH
AIMH 0.03650.0%Nov 7 9:30 AM EST

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To: DADDY WARBUCKS who wrote (3)4/6/1998 10:02:00 PM
From: Watson  Read Replies (2) of 662
 
Mr. WARBUCKS...Care to "SQUEEZE A BEAR"?? Today, I was told by AimRite's PR firm that there was actually a little less than 1,000,000 shares in the float. More importantly, there is currently a short position of approximately 500,000 shares. I'm somewhat new at this, but it seems to me that one or two more strong buying sessions would ring out the remaining available shares and start to tighten the vise on the short position.

The shorts seem to be quite vulnerable when you consider that today's buying, coupled with the known short position, accounts for a large portion of the existing float...(possibly up to 2/3?)...A good appraisal of today's trading log would provide a more accurate accounting. In any case, I feel that this is a valid point to consider. Moreover, AIMH is coming around fundamentally. We are expecting a news release NLT Wednesday, production is edging closer, and market maker participation has grown from 2 to 10 in the past 2 months.

It is very obvious that things are on the move. This might be a great opportunity to shake up some bears...At this point it seems best to be holding the "LONG Straw"!
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