SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH -- Ignore unavailable to you. Want to Upgrade?


To: DADDY WARBUCKS who wrote (3)4/6/1998 6:49:00 PM
From: J.K.B.  Respond to of 662
 
DADDY WARBUCKS,
I contacted someone with the Ford company to confirm the rumors of deals with them. They would not confirm or deny the rumors. They only stated that they were looking at a new Suspension System. The possibilities for this company are tremendous.

I wish I knew more about the short calls. It is my understanding that if someone shorts a stock they have sold a stock that they do not own. So if the price goes down they make a lot of money. But if the stock goes up they lose more as it goes up. They have to buy the stock they sold in order to fill their commitment. Do you know how many short calls are out there.



To: DADDY WARBUCKS who wrote (3)4/6/1998 10:02:00 PM
From: Watson  Read Replies (2) | Respond to 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"!