Mike,
I plan to pay for the rights because I think ANYI will go higher than $10 before the end of the year, and I think the warrants are kinda neat (two years is a long time). I don't have to decide on the rights for 60 days, but the price is not that high considering the potential to be in on some Anycoffee.com action. I agree it doesn't look all that attractive right now, and it certainly didn't generate alot of excitement, but there is alot of positive potential for ANYI that could pan out, and for the small price I think it'll be worth it.
One scenario, if BANY were to get re-listed ANYI could pop back above $6, which could allow them to exercise other options, which could give them the cash they desperately need. I don't think enticing returning investors alone will be enough to do the trick, many like yourself may never get back in, and ANYI will need much greater numbers of investors before they can start talking about the Nasdaq stuff. I don't know how they'll do, just that I'm confident they'll have something better than the dividend to get the price back up.
Good luck.
BTW - today's fall may mark the beginning of either the end or the bottom for ANYI. Now that it's below $3, I'd really think that $2 will have to be the last support level. It sure would suck if the shares that are being sold belonged to Integrity Capital or Sitra.
One other consideration:
ragingbull.com
It happened before, could happen again. |
