Alan,
<<I'm really quite surprised that ANCR has managed to break several resistance levels without significant volume on any of these days.>>
I'm still wondering what happened to the resistance at $5, $6, and $7. Not complaining, mind you. Just wondering. <g>
True story... After Ed Schultz posted something a while back, about hearing that Hucom wasn't going very well, I actually sold a few shares. I figured he probably had found some information that I didn't have. The next day, he said that his source for that information was his cat. I watched and waited, but was never able to buy back those shares at the price I sold them. That's the LAST time I listen to investment advice from Ed's cat. <g>
I do agree with you that based on the recent price movement, something at Ancor has fundamentally changed. Whether that is strictly the end of tax-loss selling, and the subsequent buyback of some of those shares, I don't know. Back when we were trading under $4, some people were saying that we were going to zero. Yesterday, we had people buying at $8. Something has changed, and it isn't the long-time ANCR holders on SI. We've pretty much always been bullish.
Craig |
