Thursday, July 29, 2010

AEROMECHANICAL, A FOREIGN STOCK THAT TRADES IN THE PINKS IN THE U.S.

Astoria, New York
Some foreign stocks trade also in the United States. Some of them trade here in the pink sheets. One particular stock is Aeromechanical Services (AMSLF). The company is based in Canada. It claims that its blue box is an addition or an alternative to a black box used for airplanes. It could monitor in real time format. "The blue box monitoring includes mechanical problems, wear and tear such as loose screws,bacteria contamination." added FPG. For additional info, you can visit the company's website at http://www.amscanada.com/ . The stock has traded down to mid 20 cent range in the midst of down draft of the markets. Lately, it has risen back to the mid 30's. http://www.microcapstock.blogspot.com/ has tracked the company as an alert solely for the purpose of institutional investors.
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