Replies to post #12832 on AimRite Holdings Corp (AIMH)

[MorningLightMountain]

OK, different investment strokes for different folks.....but I'm happy with a quick double!!!

good luck, whatever your style......

[loanranger]

"AIMH used to trade at $2-3 over 10 years ago when they we're up and running. Those prices will likely return with the right deal."

I'd love to hear about how today's "right deal" would result in a return to decade old prices. Not sure how to make that connection.
The company had a pps of .375 on 1/1/97 which rose to 2.875 on 4/30/99. It then dropped to .031 on 12/31/00 and never broke upwards of a dime after that. So "AIMH used to trade at $2-3 over 10 years ago".
But it had nothing to do with the company being "up and running". According to the last 10-K that the company filed, it had ZERO revenues from 1/1/97 through 12/31/00.

http://www.otcmarkets.com/stock/AIMH/chart
http://sec.gov/Archives/edgar/data/1087789/000101968701501221/aimrite_ex99-1.txt