Thanks Mike, you know more than I do on this.
I don't think 10,000 shares will constitute a short squeeze of any value to ANYI. The volume for ANYI should be great enough that 10,000 shorts won't make or break a rally.
Good luck with your $7 offer. If you have any successful takers, let us know (as long as you and the other party don't mind sharing).
What do you think about the prospects for, and possibility of ANYI trading this week.
IMO the conditions couldn't be better. We had a ~110 point Nasdaq correction the last two days (based on a chip selling war?), but the blue chips are holding solid, and Friday was the best day for IPOs this year. Delphi (automotive, no internet relation) was the 6th largest IPO in history, and came out solid. The two internet IPOs, MMPT and Pacific Internet, had stellar debuts.
All these big IPOs seem to wait until Thursdays and Fridays. This week could be a good one as well, lots of IPOs on the docket. A hot one will be UPCOY, the @Home of Europe, which is ~60% owned by UIHIA. Check out UIHIA's rally this past week, a textbook example of how internet IPO backdoors rise in stages as more and more people become aware of the issue. I got out of UIHIA just under $60 to get my BANY. Both will do well this week, but IMO BANY is the one that is just getting started. |
