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Microcap & Penny Stocks : Anything Internet Corporation (ANYI)

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To: C. McD who wrote (1362)11/6/1999 10:11:00 AM
From: JohnO   of 1570
 
The only reason I'm in this stock is because I owned BANY awhile ago. It was a dividend & that's how most of us came on board. Now when ANYI was trading in the teens and then the 20's most of us including myself were thinking boy are these folks foolish for selling now. Don't they realize that this stock is going all the way and we'll be listed soon, institutions will buy up a ton of shares and on and on and on. Whether we posted it or thought it this was the general feeling.
Once again we lost sight of the fact that this stock is a penny stock and will always be a penny stock. I know I lost sight of it and got greedy and hung around to long. No matter what they do this stock isn't going to be a big name internet player. Like so many others it'll just be a small Mom & Pop operation. Mind you there is nothing wrong with a Mom & Pop operation if it's run properly. I've done well with them over the years when I remember they are penny stocks and will always behave like penny stocks.
Enough rambling from me. Somebody else get on this soap box and rant away.
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