Iceburg,
Regarding the warrants, it's not so much the number of them (shoot, at this point, what's another million or so shares floating around!)
But ANCR announces their 1st Tier One OEM and they have to offer warrants in order to close the deal???
Not only that, but at $7.50 a share, is ANCR trying to support a shareholder, an insider at that, and his cost basis? (we do remember Cal's Corner, don't we?)
Now, ANCR may yet see 41 again, but my initial investment position in ANCR won't see it. I may trade ANCR; my impression is that you have done that quite well these many months.
Currently, I have no position in ANCR.
Good luck to you,
dean |
