"StockHouse: He did CHoPP Computer? That was one of the biggest scams of all time in Vancouver!"
stockhouse.com
StockHouse: Say an investor has $10,000 to invest. Where should he or she put it?
Don Wolanchuk: It depends if you're a shooter. If you're a gunslinger, you buy Ants Software [ANTS]. It's trading around $32. I think this is going to be a $1,000 stock. You'll never see the numbers, because it will split two or three times along the way. The stock has gone from pennies to $55 in a matter of days, back to $5, now back to $30. If I was a gunslinger, and I had a lot of money, I'd put it all on Ants, and then start moving into investment grade stocks. First you have to get in and out of Ants. This is a stock that I like, because nobody else likes it. There's only a couple of million shares floating around. Ants could be a monster, simply put, because they have this kind of software that purportedly is able to speed up computers by tenfold. It's been rumored that the drop from $55 to $5 was precipitated by big houses that were short.
StockHouse: Is this the same guy who did…
Don Wolanchuk: CHoPP.
StockHouse: He did CHoPP Computer? That was one of the biggest scams of all time in Vancouver!
Don Wolanchuk: But Stanford University is very interested in Ants. Allegedly, a number of Hewlett-Packard employees are on the payroll of Ants, or moving into that company. It's a rather exciting potential. The way the stock's been acting, I think there's something there. If you have $10,000, buy 300 shares of Ants.
StockHouse: It's going to go to $1,000 a share? |
