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Microcap & Penny Stocks : Anything Internet Corporation (ANYI)
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To: brad greene who wrote (1141)10/1/1999 9:23:00 AM
From: mike mantoni  Read Replies (1) of 1570
 
Hi Brad, my only point I was trying to make is that if you are buying ANYI for the Rights offering/ Dividend....then its a poor investment. It you are that confident in ANYI going to 10 or whatever, then its would be wiser to spend the 7.50 on the stock and buy two more shares in the open market...almost able to buy three! This way when the stock goes to that lofty perch you're sitting with three shares or four common shares rather than two! OR my other point was why not sit on the sidelines and wait for that rally and jump in at that time. buying on the 29th would have cost you 3.50 plus the 7.50 right exercise..ends up costing you 11.00 for 2 shares. if a rally starts I'm sure you would be able to get in before 5.50 per share. So, waiting gives you .....no risk...no money tied up...and if the stock tanks...just say "ohh well guess I'll move on!" Good luck!
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