Home > Boards > US OTC > Basic Materials > Aerofoam Metals, Inc. (AFML)

According to me yesterday selling was consequency of

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knulp   Saturday, 04/05/08 11:02:42 AM
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According to me yesterday selling was consequency of Chapter11 fear: the fact is buyout is subordinated to financing obtain, isn't sure at 100%.

Market believes that if financing is denied, the buyout will not done and Company, without capital may fail.
Sale assets is another opportunity, so no one may exclude a potential interest by competitors or creditors or customers.

But with 75 millions shares outstanding the amount of financing due to make private the company is less than 4 millions, a very normal investment more the money for operations...

Management is seeking to do a good business, AFML surely worths more than 4 millions.

Charts shows that AFML may come back in 0.05/0.07 area in a day with small trades, more risk more rewars as always...

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