David, as far as any of us know, the effective date is still 60 days from the first SEC filing, right? So does that mean we can "know all" on April 5 (Monday after Easter, rebirth for BANY?), and is it still possible that ANYI could begin trading shortly after that?
IMO it looks like mid-April will be the time for ANYI to trade. I still think there will be a significant runup in BANY prior to ANYI trading, after ANYI trades... well you all know what I think might happen then. In any case, I'm back in BANY, and looking for another double (at least) before ANYI trades. The current trading range of ~0.80-0.85 is back where we we're before the SEC filing, IMO all the short-termers got impatient waiting for ANYI and have made BANY a good buy once again.
More volume today than in recent days, doesn't seem to want to break below $0.78, if we hold here it's a good sign we've reached a new bottom. I've been watching for awhile to see how low BANY would go before it bottomed out, and with the effective date only 2 weeks away, we've hit a temporary bottom IMO.
Hopefully with the effective date approaching some folks will come back and chat a bit more. Last I spoke with Yost he was working with Sitra to possibly setup a BANY conference call, but with so much up in the air (and so silent), I can wait until April 5 to get some news.
Is anybody else suprised at how well the internuts and their IPOs have held up over all this time? If someone had told me in Nov. '98 that 5 months later the many internet stocks would still be reaching all time highs, and the internet IPOs would be as hot as ever, I would have had a heard time believing them. But here we are:) |
