Eleder
No, I'm not looking for more dead money. Perhaps, my eloquence is such that I didn't make myself clear. Let me try again if you will. When the stock went into its' tailspin I was quite vocal in trying to state what I thought was happening and what the results would be. If you went back and reviewed all of my posts you will find not one instance where I said that I felt ANCR did not have a good and saleable switch. The stock seems to be searching for a bottom at this time. In my opinion, it will find that bottom and scrape along until it shows actual results or in lieu of that some development that indicates stellar results are a forgone conclusion. When that happens, I see the stock taking off the way it did on its' way up to 94. Until then, we're going to see a trading range. Probably a rather narrow trading range.
My question is: Does anyone have a feel for what the range might be? In asking for an entry point, I'm not saying that when it occurs, I'm going to jump in. Once the stock arrives at that point, it will, probably, remain there for quite some time. It's not until that other event occurs to set it off that the stock will start its' ascent. When that happens, the action will be fast and furious.
If you look hard enough, you will find other stocks that like ANCR have lost the streets trust. They are solid companies with value that just isn't in the price. If you wait long enough they will inch their way up but the wait can be long and painful because at the drop of a hat they move back down. Hopefully ANCR will get out of this classification in short order. When it does, I want to be well situated.
I hope that this helps you to better understand my position.
HAGO!!! |
