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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!
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To: t.gawarecki who wrote (4748)4/7/1999 10:03:00 PM
From: Mike Sawyer  Read Replies (1) of 5847
 
Well, I see no reason why ANYI would not move up sharply after open. The float on ANYI is less than 1.5 million shares and the total outstanding is around 3.2 million shares. Couple that with a VERY LOW number of sellers and a HIGH number of wannabe buyers and you get a sky rocket.

For that reason I see ANYI moving to a $30-$40 range rather quickly. Sprinkle a little hype and a dash of excitement and you get $40+ in days.

Now, if ANYI is valued at $40 and BANY owns 800,000 shares that gives BANY an asset of $32,000,000. Divide that by 11,000,000 which is the total number of outstanding shares if BANY were fully diluted...9.2 million at this time. Do the math and if BANY were to trade at no discount to the ANYI asset it would have a share price of $2.90 without ever selling a single Doublecase product. So discount the share value and I think BANY should see at least $2.25 if ANYI trades at $40.

Now add a Dell contract...very likely...but not guaranteed...in the next few months. And you get another value-added increase.

So you tell me...is BANY worth a gamble at any price under $1. I would say so.

Food for thought...take a look at the BANY chart since last March. Notice that just before every sharp upwards move the share price took a big dip. I think that may be what we are seeing again today...the big dip!

Back up the truck boys! I'm loadin' up!!!

Cheers!

Mike Sawyer
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