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Strategies & Market Trends : AIM Questions and Answers

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To: OldAIMGuy who wrote (54)	10/25/1998 1:48:00 AM
From: RFH	Read Replies (1) of 221

Another question, Tom. Up until this point, I've been pretty much sticking to lower priced stocks to start up AIM accounts. Pretty much under $20 per share. I'll start them up with 20K, and usually put about 10 - 15K into the shares, and the rest into cash. At a meeting with my accountant last week, I showed him how the AIM method worked, and sent him some web pages to research the subject. Now, he's seems to be enthused and is sending me tips on AIM candidates. His latest was Delta Air Lines. This one is trading at around $98 per share. If I were to put 15K into this one, I would only get about 150 shares or so. How would you set the parameters for an expensive stock like this one? How many shares would you set as a minimum per trade, considering commissions. I'm currently paying $13.00 for limit orders with Ameritrade. Thanks for your help in the past. Sincerely, RFH

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