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American Home Mortgage (fka AHMIQ) RSS Feed

Followers
9
Posters
66
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Posts (Total)
461
Created
08/06/07
Type
Free
Moderators

 

                                                                         April 2011

AMERICAN HOME MORTGAGE now clean shell  (For Sale 200K) 

 

Market Makers steadily signaling they need shares

Rumors abound Reverse Merger out of Hong Kong

 

                --------------------------------------

 

This traded on the Big Boards!


This is a Powder Keg!

 

 

There's seemingly great political pressure to get it sold! 

Largest non-subprime lender to face bankruptcy

Jul 2005 traded $38 with 59 Billion dollars in loans

 

 

Once-in-a-lifetime sharestructure; AHMIQ could be NUKE CITY!!!                                                                                                                              

Share Structure:
Shares Outstanding: 54.28M
Float: 49.21M

Total Debt  - 0 -

 

Trades on thin air!!! 










Press:
http://studio.financialcontent.com/Engine?Account=emsnow&PageName=NEWS&Ticker=AHM&Limit=....



Today's (08/06/07) news:
NEW YORK (Reuters) — American Home Mortgage Investment (AHM), a large home lender catering
to people considered good credit risks, completed its flameout Monday when it filed for
Chapter 11 bankruptcy protection.

The real estate investment trust based in Melville, N.Y. is one of the largest independent
U.S. home loan providers. It filed for protection from creditors in U.S. Bankruptcy Court in Delaware.

The filing came after American Home closed most operations Friday, laying off all
but about 750 workers. The company said it started the year with more than 7,400 employees. 

 

             --------------------------------------------------------------------------------------------------------------------------------------------------

 

  Life doesn't seem fair sometimes: does it?

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