To: WhatsUpWithThat who wrote (694 ) 10/13/1999 8:41:00 AM From: Crazy Canuck Read Replies (2) | Respond to of 1006
Good Morning WUWT! I have been pretty quiet lately on this thread. There has been many other distractions which have pulled me away from this stock. That said, I have been watching this stock on market depth since I first took a position in it earlier in the year. Yesterday was interesting (just a bit of an understatement). When the bids started piling up and the support for the price was following closely behind, I felt that there was nothing to hold this stock back. However, I also believe that bringing this stock down in price again was part of the grand plan of whoever orchestrated yesterday's move. Unfortunately, there are some eager investors / speculators who may feel that they were left holding the bag after buying higher than the close. I personally believe that this will be a temporary problem for them. I think the stock will head higher very soon. Here is why . . . Oct 15 - Axicom announces their earnings (this is a key partner of ANC's who demonstrated ANC's products at their AGM). If the numbers are good, then ANC will be put into a good light. Oct 18 - Either on this day, or this week, ANC will be releasing their audited Q results. These results will be good based on the unaudited release of them last month. They have been getting great increases Q over Q and I see this trend continuing. Oct 19 - ANC will hopefully put their dispute with TRIFOX to bed as they argue their respective points in court. This legal action could be very good news for ANC. OCT 24 - ANC announces the official release of their new Data Mining applications for Microsoft Excel and Microsoft Access Week of Oct 25 - ANC releases the development schedule for their new product known as Web Miner. Now, no matter what the overall outcome of yesterday's action was, if it was designed to bring a number of eyeballs to this stock, then I believe that whoever was behind this run has achieved their goal in spades. Take a good look at the company's response. It basically read, "Hey, we have no reason for the run, but take a good look at just how good we are, and what we have up our sleeves." It was well done! One heck of a lot better than a one line response. Now if people read it, then they could get a sense of what this company is poised to do. Here is a link to their Website. I recommend any investors take some time to see what they have been doing and who their partners / customers are.angoss.com I personally think that with some positive outcomes with the events before them, then the stock will start its move up higher soon - and I believe that they have a long way to go. Good luck everyone. Crazy Canuk