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Microcap & Penny Stocks : Anything Internet Corporation (ANYI) -- Ignore unavailable to you. Want to Upgrade?


To: brad greene who wrote (1412)11/22/1999 8:40:00 PM
From: C. McD  Respond to of 1570
 
I'm looking forward to Friday myself.

A big reason for ANYI's awesome performance again today is that, based on my cursory review of the sales greater than a thousand shares, it looks like barely one fourth of today's trades where sales (in order):

200 @ 2.00 (lowest sale)
5,000 @ 2.1875
4,500 @ 2.5625 (highest sale)
2,500 @ 2.375
2,000 @ 2.375
1,000 @ 2.25
4,000 @ 2.4375
1,000 @ 2.25

If at least 2/3 of all orders were buys, and 1/3 were sales, that means ~50,000 more shares were removed from the float today. If this pace continues, ANYI's float will soon nearly disappear, and ANYI should have no trouble passing the $5 resistance level before the lock-up, and hopefully maintaining it after the lock-up.

The fall from $20 down to $1 occurred on a pace almost as fast as the rise of the past week, except on less volume. If all the ANYI dividend investors bought their shares back at the price they sold at, ANYI could do a quick reversal back to $20. Many of them may be gone for good, but at some point (after a ~150% gain in about a week), others will catch on to the opportunity and small float of ANYI.

The vast majority of trades today where in increments of at least 500, but no more than 6500 (a buy at $2.75), which means the MMs were frightened so they were controlling the order size and trying to keep blocks as small as possible all day long.

It'll be great tomorrow to see if ANYI can keep up this incredible streak of gains. I have a feeling that bigger moves are in store for ANYI leading up to, and following the share lock-up. The big plan hasn't even been released to the public yet. Friday after Thanksgiving is typically a good day for lessor know stocks since so many folks are home shopping for hot bargain stocks on the internet. I recall that last year the big 6 month internet rally really hit full swing the Friday after Thanksgiving, which is actually about the same time that I bought my first BANY shares after hearing about it on the TSQD thread.

College football and stock trading, what could be any better?