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Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH -- Ignore unavailable to you. Want to Upgrade?


To: Icabod who wrote (73)5/20/1998 11:01:00 PM
From: Bill Purcell  Read Replies (1) | Respond to of 662
 
Here's what I like;

1) They appear to have a good product which will be in demand and and can profitably be sold at a reasonable price.
2) They appear to be close to finalizing significant contracts and strategic partnerships.
3) The float is very small.
4) If there is a significant short position, good news will result in even more appreciation than would normally be expected.
5) Mr. D is a major player, we have big and smart money on our side.

Here's what I am concerned about. In February a deal to obtain the necessary financing to begin commercial production fell through. I hope that whatever new financing is required will not be too dilutive.

I am currently fully invested so will only buy more if I sell something. I don't presently plan to sell anything.

Regards, Bill Purcell