Fear is the mind killer..
Dune fans will know. . IMO Aimia is trading at these levels purely on fear. Short sellers did a number in Aimia share price, but in my mind the business and model are still fully intact. Amia has grown from the days when it was part of AC and is now international. I truly don't think they are a one trick pony and have invested in such. This is my first value investment and think it will do well. AUG 10th is Q2 results and I expect them to show no run on redemption and a good FCF outlook. There may ot may not be much news until then - but longer the sp remains at these depressed levels I'd suggest someone will see the value and come knocking. I'm trying my best to be patient with this one - it really is a key virtue in investing / not just trading and flipping. GLTA (well not if you're short ) -Uber