Mr. Goodrich,
I sincerely hope you are correct in your four quarter prediction of $41.00, as I bought my second dose of ANCR at that level. My first (and definatly more rational) purchase was at $23.00. I have, against my better judgement, been averaging down with most of my shares now purchased between $5.00 and $7.00
In my opinion, a very low float, coupled with hype (both positive and negative; here and on motley fool) and an ever expanding demand for products, makes this a truly interesting investment. The price potential, even with the additional shares we are begining to see at
market, is tremendous. Although I do not like the risks involved with
small caps, this is definately my favorite holding and the first I
gaze at in my portfolio. I think that there are many others, here, like myself. I also imagine that we, along with those bound by contract, are the only people still invested and likely not to sell. My only concern with price, at this point, is that contracts come before those bound by contract are free to sell.I believe that we are
now at rock bottom again. The only time, in my recollection, that investor moral was lower, was when we were reading posts that contained requests for first dibs on O'Hara's ashtray, when the furnishings would be sold.The ANCR investing core are a hardend, tough lot that have seen much bleaker horizons. We are truly, one or two contracts away from a 10 point jump in price. Hang in there, tough guy |
