I've never seen anything like this before:
biz.yahoo.com
Insiders buy $18,000 in stock yesterday afternoon, and issue a PR saying they'll buy more? If the SEC requires anything like this, I've certainly never heard of it. Don't get me wrong, there's certainly nothing negative about insiders buying any amount of stock, particularly chunks that are relatively large for ANYI, but its just a little odd to issue a PR, unless this is just part of a bigger plan that will drive ANYI's price so much higher that insiders must declare their every move. I haven't found anyplace to track ANYI's insider sales, anyone have a site that's good for this?
Even though I find the PR a little out of the ordinary, I will say that it does not look like the typical Sitra hype PR, with all talk and no action. ANYI may not be the most savvy company in town, but the guys that are running things now really seem to be trying to do things the best they can. The fact that they're willing to say in a PR that they are buying the stock, and that they will buy more, puts there money where there mouth is. If everyone just kept saying the price was too low, but nobody was willing to buy any shares, its hard for others to jump in with any confidence.
To me, this PR just verifies my recent thoughts that ANYI is off of everyone's radar right now, and the few that are getting in right now with the insiders will be rewarded when others figure out the value here. I first bought ANYI at $3.625, thinking everyone had sold, and that was the bottom, and it would soon rebound to $7-10. For whatever reason a slew of relentless selling pushed the price all the way down to below $1, but the selling appears to have stopped, at least for the last week or so, and the new management appears to be aggressively taking all the actions they see best to get the stock price out of a significantly oversold condition.
I don't know if anyone's going to bite on this latest PR, not a whole lot of new investors jumped in after positive PRs in the past, but maybe eventually all these positive activities will pay off. The good thing is that those of us willing to lock up some shares before Nov. 30th can still do so at a relatively bottom-base price, and its a sure thing IMO that these insider purchases will also be locked up.
Good luck buying as many shares as you can get ANYI, I hope you can buy 100,000 more and lock them all up!
Washdeck, BANY has been actively traded on in the pink sheets lately around the .13-.15 range. At ANYI's current price of $1.5, BANY's 800,000 shares are worth ~$0.125, so some would say it is trading fairly right now. However, if ANYI pops up above $3, BANY could trade around $0.25 or better. If BANY gets off the pinks it may get a boost of perhaps .05 to .15 or better, hard to tell, but it should get some boost. If BANY locks up 600,000 of their ANYI shares, they'll own even more a year from now, just like everyone in else in the lock-up. BANY has dividended 200,000 ANYI shares in the past, and although they said in the past that they don't expect to do this again, things change, and they may need to do it again to attract new investors. Bottomline, IMO the best thing BANY has going for it are the ANYI shares, and BANY best hope for increasing its share price is for ANYI to take off. |
