Buy AIM before earnings are released on Aug 9th. Point redemptions will be seasonal and normal. Cash flow will meet forecasts and the stock will move higher. We might also get an update on potential new contracts after June 2020.
I think they are done. All they do is play middleman.
look like it is crashing big time today a lot of peopletaking money off the table
Westjet coming to the rescue? Or maybe united airline will buy them out?
This stock is like a horror movie right now, its like mother killing her own son...
Relax people, the suspension of the divy is smart and if all is well in the end, you will still get it. Aimia clearly underestimated how the street would react to the Air Canada news. That same mentality is probably why they lost the Air Canada contact....they were not willing to give up enough and Air Canada felt they were the reason for the loyalty card success with so much redemption. Clearly they blew it! They are now in take over territory and if Aimia is not currently buying stock, someone is who will have a lot of control in the end. Cannot wait to hear who has been buying these shares aside from the sorry retail holders looking for a fat divy.
Everybody relax, alot of the reason for the downfall is because of shorts and automated trading, the stock will come back up and i suggest buying into it now if you havent already. You will also get your dividends!
stock will go down more in coming days.
Up huge today, only down another 49%.
I bought 10000 shares at 2.50 just sold it today. wow very bad investment!
Is this stock have any future??? it down for long now .. I bought 5000 for $ 3:80 ,, since then it's going down and down ,, any updates
i set an order to buy at $1
Another scrappy day as usual for aimia. Truly a POS!
The rumor i'm hearing is that Westjet is in the mix to do a deal with Aimia. It makes sense since Westjet is more of a regional airline than Air Canada and most aeroplan points get redeemed on flights within North America. I have my fingers crossed that this rumor comes true.
The dividend suspension is smart. Now AIM can buy back more shares and reduce debt which will increase shareholder value. The departure of the CFO and three board members was done to reduce costs and again increase shareholder value. I think by year end we will know more about AIM's strategic direction and new partners.
this stock is a POS! management needs to do something drastic to change the direction an 85% drop in less than a month! sell themselves to Air Miles.
this will crah crash below $1.35
This stock trades for over $6.50 for 10+ years and in less than a month drops 80%? Crazy. It should bounce back. Hopefully sooner than later! Any truth to the WestJet deal? Wasn't Aimia born out of AC? Why would they just drop them? AC should just buy Aimia and take in their revenue. It is easier to take over a company than to develop and build your own. Especially when Aimia has over $2B in revenue annually.