Richard,
This news release really has propelled this stock from $0.40 to $0.70 on very heavy volume. I think investors are starting to look at this one seriously. I got from the company that they have changed their year end to Dec 31, so we should be getting their results pretty soon.
At these levels, Anadime is still cheap. If the upcomming results follow the trend of the last couple of quarters, by comparison with their competitors, Anadime should be selling at least in the $0.90 to $1.10 range. And that is not taking in account their astonishing growth rate, and with the opening of the Provost plant, and more to come, the growth rate will not be slowing down anytime soon.
With a young company like Anadime, investors have to get in before the big money to be able to participate in their rapid growth. I started this thread, not to hype this company, but so that other small individual investors can discover through this great technology, a sound investment. In the end it is your decision to buy or not but I strongly suggest that you read all the documentation on this company on their homepage anadime.com.
If anybody knows of any other similar success story like Anadime developping please let me know. I'm very interested in small cap growth companies.
Thank you...Alain |
