Joe - ANYI has gained 87.5% over last week to reach $1.875 today. This weeks daily gains (on low volume!):
+20.0% today
+4.2% Thursday
+14.3% Wednesday
+5.0% Tuesday
+25.0% Monday (over the previous Thursday at $1.0)
I don't analyze charts, but this looks like a pretty decent rebound off the bottom to me, like she's got some room to run:
siliconinvestor.com
ANYI dropped from over $10 down to $.875 on low volume nearly every day for more than a month, now the exact opposite seems to be occurring now that management has gotten things together.
A couple of key points:
1) Nov. 30th ~1.6 million of the 3.0 million float will be locked up VOLUNTARILY by insiders and longterm shareholders for a year (they get a ~60% share bonus after the year). Some folks who sold at levels higher than today's price may be getting back in before the 30th to take advantage of this.
2) ANYI's lowest price (the apparent bottom) occurred prior to them removing a controversial CEO and board member in order to increase the company credibility, since then things keep getting better.
3) ANYI actually issued a PR two days ago announcing that insiders had bought 12,000 shares (i.e., nobody is/has been selling) and they will be buying more.
4) ANYI secured $1.5 million in financing this week from individual shareholders to implement a national marketing plan designed by their new business consultant.
5) BANY, 26% owner of ANYI (800,000 shares), has pledged to lock-up ~700,000 of their shares for the next year on the 30th.
6) Best of all, almost nobody seems to have been watching ANYI lately since it had been such a downer for the past two months, now suddenly it presents a serious value play IMO. Volume has only topped 100,000 one time in the past month.
BTW - I am only posting this alert to your thread and two others that have provided me with the best tip information in the past. Apparently if you post one subject on more than three threads SI sends you a nasty do-not-spam note.
Disclaimer - I sold ANYI at $18 the day after it began trading in July 1999, I bought it back at $3.625, and have continued to average down to as low as $1, so that I am currently "up" at $1.875. I currently plan to lock-up a portion of my ANYI shares on the 30th, and I have a short term target of at least $5-7 for the shares I do not lock-up.
If you choose to get in, be advised that the float is extremely tight right now, and orders larger than 2,000 shares are rarely filled. My advice would be to buy in increments of 1,000. |
