RE:ππππ ADX over 10 Million Shares TRADEDππππ Firstly, before I comment, I must disclose that I am a shareholder in the ADX and have been so for some time.
If one looks at the stock chart for ADX, for about the last 10 to 15 years, the share-price has done very
little in the way of movement off the bottom. There has been the occassional shallow spike on news but
returns to it's previous lows. As with many investors I am holding out some glimmer of hope that the
market will find new potential in the company now that focus has been turned to the Aeroplan Program with
the bid by Air Canada and it's consortium to buy the Aeroplan business from Aimia and Aimia's rejection
of the initial bids put forth by Air Canada. Aimia has taken steps to sign on new airlines to the Program
and are working to renovate the Program and build in flexibility in order to attract new customers.
ADX manages the Aeroplan Program on behalf of Aimia, for CIBC and TD. There has been a spike in
volume of shares traded with the news of the bid though the upturn was, again, brief and the share-price
remains firmly at $0.005 with no bids but a large number of asks. I thought about introducing a new term
into the investor lexicon as the share-price remains flat. ADX is experiencing a cronic case of 'SHARE-PRICE
CONSTIPATION' and I wonder now much news laxative it will take to finally clear out the condition.