Monday, November 26, 2007

Aim Resources, AIM.AX

This stock is an old favourite and anytime it's below 20c, it's cheap. It's been there a few times in the last week, and represents great buying at these prices. This stock will get back above the 30c level at some stage in the next few months. It's just a matter of some positive news coming out of Perkoa (which is their major project). While the stock is much more mature now and was weighed down by the significant capital raising done at about 28c, it just goes to show that there are plenty of investor who think that 28c is cheap. I'm going to keep buying these up below 20 and wait until I can tip them out above 30.

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