Best way to predict price is to draw a straight line based on the classic pre-lockup selling 3-week trend until the date of the unlock:
finance.yahoo.com
2 more weeks means price could drop by about another ~$0.75 to ~$1, with a range of ~$.75-1.25. Pre-lockup behavior is usually pretty predictable, its the after lock-up selloff that is hard to predict, especially if there is talk among insiders about what price they're looking for.
From there it'll go up or down pretty fast depending on the news focus. Most lock-up shareholders probably are not affiliated with the new ANYI at all, so they may sell to the new guys at some discount. Basically the last step of the RTO. ANYI insiders probably made their $ during the LFMN run-up back in March.
New guys won't hype the price back up until they get there hands on all of the shares, so it may be in their interest for the price to drop so they hold all of the shares at a low price, tighten the float, and then execute their new plan/hype. Looks like Arnold did the same thing with OPWR last February:
finance.yahoo.com
before he left and came to ANYI. Question is whether they'll make a move to buy up of BANY's remaining shares - or they may have already bought them all, and BANY spent the money - on salaries?
Just my guess, but ANYI could be in the pennies by December, BANY may not own any more ANYI, and once they change the name, the new stock could gain a couple 100% from its lows in the pennies once the post-lockup hype kicks in. In any case, new guys won't be hurting with $755,000 in annual salaries, on $588,000 9-month revenue, and $1.2 million 9-month loss.
biz.yahoo.com
$200 K/year affords a pretty good life in Colorado. |
