.com,
IMO some kind of deal between ANYI and BANY has to be reached so BANY does not hurt ANYI. BANY can only hurt ANYI if they start selling those 800K shares, but BANY can help ANYI by getting their act together an getting back to the BB.
Large caps are safer on general, but if the market corrects in October (like I expect) ANYI will be immune. I like AMZN and DRIV to do well during X-mass after an October dip.
One thing to consider, remember when we (and others previously on this thread) played TSQD as the DRIV backdoor. DRIV flopped from an IPO price $8.5 all the way down to ~$4, and TSQD dropped from an all-time high of >$7 to a low of <$.50. Things were really ugly, everyone was pissed, we thought DRIV would go to $25 and TSQD would go to $10. The bottom hit ~Oct. 6 of last year.
Remember what happened next? DRIV went to $20 in ~2 weeks, then it went to $40, and then hit an all time high of ~$62. TSQD, which traded at a <50% discount to their DRIV ownership went all the way back to >$6. Now DRIV is buying their own 3 million shares back from TSQD, and TSQD shareholders will get nearly the full value of the DRIV holding.
Sound familiar? Yeah, there are alot of differences, but the similarities are striking. The lessons I learned from TSQD helped me get out of BANY before ANYI began trading, it helped me decide to sell ANYI at $18, and now I'm back in ANYI again because I think it may be at a bottom and it may follow DRIV one more time when/if the internuts rebound for a X-mass rally.
My thoughts? If BANY and ANYI have followed the DRIV and TSQD backdoor so closely so far, it may hold true one more time. The Anycoffee.com IPO(?) should keep things interesting. Dividend day is this Wednesday the 29th, certainly no harm in getting in for at least that. |
