Eric,
"Ancor, How low will it go" maybe would be a good suggestion for a new thread on SI<g>! Actually, it's puzzling ANCR is as low as it is currently despite year-end tax loss selling, the recession in Asia, etc. One problem could simply be lack of new press releases. As you allude, we're certainly not receiving signals there are problems, only positive developments and the company is fiscally sound as well. Interestingly, even non high tech equities are getting hit, the gaming sector for one example. One company in particular is growing explosively and will be reporting unprecedented earnings early next year, yet, the stock hovers at a 52 week low and still erodes daily.It truly defies all logic. So, a point to consider is perhaps people are just asleep at the switch.
TG |
