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Microcap & Penny Stocks : Anything Internet Corporation (ANYI)

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To: brad greene who wrote (1231)10/18/1999 6:59:00 PM
From: PistolPete  Read Replies (1) of 1570
 
bg...

In my opinion, not a chance. ANYI held up in the 12 range for awhile, that's true, and that is about when the private placement people started to unload, IMO, and I wish I had joined them.

This thing was more about the tricky play with the tight float than it was about the company, it seems to me, and that scheme did not work as planned. It was supposedly going to rocket right into the 50's from the start due to some rumored heavy buying coming in and the scarcity of the stock. Oh, well, it sounded good at the time. It was a botched play. Now, the "BB" thing to do is blame shorts for most of the problems -- I guess it's always possible but it seems to me that it's pretty unlikely.

I don't understand why they didn't just borrow some money and advertise this company. They would have attracted customers and investors that way. It's not too late. I'd still like to see my warrants end up being worth something.
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