Andrew,
<<Craig, are you interested? I think that if you started posting in a new thread, we'd quickly develop a critical mass.>>
It takes way too much of my time now to deal with this one thread, let alone another one. However, it is a good idea, and anyone who wants to start another ANCR thread is welcome to do so. My concern is that on a public forum like this, there is still no way to control who can and cannot access the thread. Up until recently, I didn't see that as a problem, but with the recent troubles with Ed and Rob, I can see the downside of a public forum.
I would prefer to see a "secure SI", where everyone's identity is known, verified, and permission is granted by the moderator (whoever that is) to enter the thread. Public forums are too easily used to manipulate buy/sell sentiment, and we have had some of that here. A private forum wouldn't have as broad an impact in that regard. My interest is doing thorough research, and finding information about a company that the average investor doesn't have. Recent distractions on SI have prevented me from doing that.
For example, I have done some rough calculations, based partly on Frank McEvoy's work, that could make a bear case valuation of ANCR in the $5-$6 range, and a bull case valuation somewhere north of where we are now. <g> I am hesitant to post my basis for those numbers, since it will just be trashed anyway. However, in a private forum, where everyone knows that this is just my opinion, it would be fine.
Frankly, I am burned out from all the work that this has become, and I am very disappointed at the reaction of some SI members to what is a simple request. They have a right to say what they want (under SI's Terms of Use policy), but I also have a right not to post anything, and excercising that right is pretty tempting right now. I'll hang around until the new switch gets here though. It might make for some interesting "hamburger". <g>
Craig |
