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Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH
AIMH 0.0220-32.3%Dec 1 3:58 PM EST

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To: mfgrep who wrote (98)6/3/1998 6:04:00 PM
From: Icabod  Read Replies (2) of 662
 
Yes this one is really going to fly.

I bought 10,000 more shares today. Paine Weber has to deliver approximately 500,000 more shares and they have none to send. The real problem is that they can only go to the market for the shares. Very interesting!! Also, a couple of people are ordering out approximately 250,000 shares out of Canada and they have no stock. According to a report which I read, there are 47,000 shares in the canadian depository. Also, very interesting. The float is now down to 1,001,018 after 321,000 shares was delivered out of one of the Salt Lake firms last week. Confirmed short for La Jolla capital 121,000 shares. I wonder if the NASD is monitoring their net capital computations. They are required to take a $2.50/share hit on net capital when they short any stock under 2.50. This whole thing could blow up in the short's face. By the way, Yesterday a buy-in occurred with AZNT and made the stock run up to $1.00 from .50. More to come.
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