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A plus in this
With every day that huge sells are taking place @ 0.0001, shareholders are obviously abandoning their investment in ARIO. This means, should any, any , and I mean any good news or sentiment change takes place, this stock could really bolt because there will literally be no upper resistance to suppress the price from going higher.
We will see.
James
Many on this board needs a reality check
Look at http://messages.finance.yahoo.com/mb/ARIO.PK to get your head straight. It is very likely that the volume is so small today because there are few buyers at 0.0001. No buyers means you can't sell. And why is that? Is it possible the buyers have moved knowing the reputation of Janovec, who is a big crook? Very likely.
For sure, do not put much money up on this stock. The past track record of Janovec should put him behind bars with all the investors he has ruined. I know, because I have been in this stock in the last few years. My meagre investment is an effort to recoup what I lost, and yes, I am still hopeful it could pull out. But what is happening with the bid size/ask size investors should be aware of.
James
Yes, I noticed. I have a prediction
ARIO continues to supplly shares to sell. That has to come to an end soon. Either ARIO will do a reverse split after changing the symbol OR they will deliver an announcement that will severely raise the price by raising shareholder interest. The stock cannot continue to be sold at 0.0001. It will be difficult to ocme up with news that could move it, but I am still hopeful.
James
Thanks, Rawnoc
I have that site bookmarked so I will check it out.
James
I have seen 100X and 1000X before, so...
This stock could run as high as 0.10 or even 0.01 without too much trouble. It is an OVERSOLD stock that is likely to run hard if the conditions are right.
James
Good data, Rawnoc
Have a link to that? I have been looking for some time on the internet but can't find Last Ten Trades. Very helpful to have it.
James
Anyone notice the size of the bid near close?
About 1 PM it was about 320K x 200K, which indicates by a 50% margin there are more buyers than sellers lined up to enter the market. If that gap increased to, let say 500K x 200K, I would believe tomorrow will be the start of a move up. So, if anyone has that information, I would appreciate knowing it.
James
Don't believe all that
If those who have lost tens of thousands of dollars on Delmar were here, they would laugh at the comment you said. Again, I was forced into a mandatory buyback of 95% of my holdings at 0.000002 for a price, and they let me keep 5%. Now how did you think I was thinking?
James
Yes, I got the same thing some time back from TDA
You are right. You have every right to put a sell in @ 0.0002, whether it sells today or a month from now. Yes, you will have to get in line, though.
James
Ask size improved
Throughout last week the ask size was several million while the bid size was very small, like 50. Now, the ask size is 200,000 while the bid size remains the same. This could indicate that last week's sellers are anticipating a runup because the bid refused to move lower. So, they could have withdrawn their sell orders (@ 0.0002) for fear they could have sold later and greatly increased their profits.
On the flip side, the volume has dropped to "light." This could be the calm before the storm. Obviously, with a price not moving in either direction, traders move on. When something noticeable happens, they will be back. Could be later today, tomorrow or next week.
James
Yes, Jones442, but it will increase your trade fee.
It really depends what you are trying to accomplish by selling. If you are afraid holding your shares is a bad idea and you want to get whatever you can for them, then your approach could very well work.
On the other hand, and many investors can attest to this, sometimes even when the shares are available for buying or selling as they post them, a trader's order just will not fill.
The current size they list is "50." That is small. I am sure if there were a lot of buyers at 0.0001 that many like you would be filled. So, try it out if unloading acheives your goal. Make smaller blocks and see if the trading desk takes them. Be aware that with pinksheets, anything can happen. You can try to sell 1000 shares and they may not go, but they also could. Good luck.
James
I got in after that.
And from what my broker thought, even if I was in I was thinking it could go much higher. If it does go to 0.0003 again, I will be watching it closely. I will certainly take a 2X profit any day.
James
You assume very much, far too much for this company
I was in this company a couple of years ago that did a mandatory buyback of investor-owned shares whereby 95% of shares had to be surrendered at the price of 0.00002. Great, huh? You could keep the other 5%. Wow!
In addition, if you checked the history of this company, it has done numerous reverse splits after it changed its symbol. So, the price gets low, like 0.0001 x 0.0002, and they do a reverse split under a new symbol so the price now is 0.01 x 0.015. The price drops back down to 0.0001 and they do it all over. Illegal? You bet.
You might ask why I am in this. Well, I have little left and bought in at 0.0001. A brokerage house I am working with recommended this is a good time to buy, so, perhaps I can get some money back.
The CEO is as crooked as they come. So, give him nothing for good thoughts. Be assured many, many have lost a fortune on his trickery.
A couple of things
1) the size of your sell and 2) if there are enough shares available that someone wants to buy what you are selling. Regarding #1, if all sells are the same block size, then you will need to get in line. First in first out. Regarding #2, the trading desk cannot sell your shares if no one wants to buy them. Particularly with pinksheets, there must be match for match sell-buy. If, for instance, you wanted to sell your 1000 shares, someone must want to buy your 1000 shares at the price you are setting.
Bid size/Ask size
TDAmeritrade posts it as 50x275269.52. That is very bad. That means there are few able to sell at 0.0001 because few want to buy shares at 0.0001. On the flip side, many want to sell their shares @ 0.0002 but are having difficulty with traders buying their shares they hold.
The question I posed a couple of days ago is "What happens if there are not enough buyers at 0.0001?" If it happens, and it could, then the only trades offered would be to buy, not to sell, at 0.0002. Unless, of course, they lower the bid to 0.00005.
Yes, I got filled yesterday.
It took four days of patiently waiting and it happened.
Patience is a virtue here
I waited 4 days to get filled. I personally believe the company is screaming for buyers because there is a horribly lopsided bid/ask sizing going on. So, you will get filled unless a move starts taking place that makes your 0.0001 order irrelevant.
I am concerned about the recent size of the bid
I have seen it be very small. I waited 4 days and finally had my 0.0001 order filled. But what if all the 0.0001s are gone? Will it drop to 0.00005? I sure hope not. I am banking on this stock being like a coiled spring. Soon, it will pop at these low prices.
James
I agree. I am trying to get in this morning.
Looks like it is getting ready to bolt literally exponentially. The number of shares are relatively small with the daily volume it has been trading. Looks like it
could blow in a couple of days...at this rate.
James
Short term chart looks attractive after today
I looked at the RSI and found that MVBY is at a 50% level,
which is midway between overbought and oversold, which is good.
I also looked at the Bollinger Bands, to see what direction
the pricing of the stock is running. It tended to follow the upper band, and at some points of the day, bumped it. This indicates buying pressure.
In brief, with the upward trend this stock has been taking recently (within the last week) and with the current, day, trading pattern, tomorrow should be a good for the stock, if not a very good day.
James
Stock oversold
My prediction that with the present condition, this stock will bounce up again and make another run. I know many on this board were hoping it would hit 0.006, even 0.01. It still may with the next bounce up. RSI indicates oversold status.
James
Where are you getting AH data for bulletin boards?
eom
Really just beginning, IMHO
This stock, though it has grown in value, seems to be at the beginning of a huge spike. I say that because the average volume is about 162K and the stock volume is nearly double (by the end of the day). But the stock has 20MM shares outstanding. It could support 1-2MM shares traded in one day.
Bottom line: We should all be buying shares right now. Because when it erupts, we could be seeing $8-12 share if not higher. Watch the volume. If we trade between 500K and 1MM shares in one day and there is neglible change in price, it will begin pulling back. But, that is not even in the cards right now.
Okay, I'll bite.
I have seen enough with biofuels coming on, with a brokerage account highly recommending this company, to an acceleration in volume per day. So, let's see where this will go. Seems if it catches fire that it could reach, like someone here said, $8-10.
It goes past $1 it will go past $2.
This stock is severey undervalued, as indicated by the high one-year targets ranging up to $3.85. When it breaks a buck, investors will not shy away from really jumping on it past $2.
James
The wall was 165,000 shares @ 0.37.
When that wall is busted through, we will cut loose. I guess it could be far worse. They could sell all those shares at market. Then we would all be unhappy.
James
I am not selling in 0.60s either
This stock is far too valued for anything less than
a dollar, even two dollars. Analysts have already
come to that decision. '09, even the first quarter,
should be stellar.
James
Difference betw buyback and purchasing shares
Every CEO has the right to buy his or her own shares.
It was his personal investment. A buyback would be
the corporation buying back shares to reverse the
dilution of the stock. Nothing amiss.
James
We are definitely in a bullish trend
Much to pick through on this website, but many strong
indicators we are going up, on the short term as well
as further out.
http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=anpi
James
Up 15%. I can go with that.
You would have thought some investors didn't think
ANPI was moving up quick enough after Friday's trading
session and the weirdo who dumped 5,200 shares that
last minute to trading. But investors poured it on
with light trading but many buys as the stock rose up
over 22% before pulling back.
I believe the trend is up. Expect buyers to increase
the percent gain per day as the value of this stock
is far undervalued. The targets I pulled up estimate
the one-year target value of $3.8.
Maybe investors are showing they believe that.
James
Really disappointing finish
Up all day, significantly, and then some weirdo decides
to sell (I believe one block of 5,100 shares) at market
and pushes the stock down to the near low of the day. He
or she could have sold it piece-meal throughout the day.
James
I more than doubled my shareholdings just now
With the stock blowing off yesterday's drop by jumping up about 35%, that tells me this stock is back on the trail
of more gains and could likely blow through the recent high
of 0.74 in the next days or weeks.
James
Tadaaa-thanks for the information.
Some of that I had seen but the website gives a very condensed, digestable piece of information that's useful.
Have a great New Year.
James
Thanks. I can appreciate that.
About FDA approval
I have read this a few places on message boards but have
found nothing in any SEC filings or PRs that would indicate
it is coming anytime soon. Can anyone explain the basis
for why we should think FDA approval is coming soon? I
know I am supposed to do my own DD, but come on, help out
a newcomer a little bit, huh.
James
Key support levels
http://charts3.barchart.com/procal.asp?sym=ANPI
0.25 and 0.18. We bust through those and we have problems.
In contrast, if we cut through 0.40 and then 0.48 we will
have some lift-off.
James
Thanks. I am relatively new to investing in biotech
stocks. Seems this one many believe is about to come
out from its bottom. I guess the controversial question
is whether this pouring in of the purchase of shares by
Hunter indicates something is about to happen. I believe
so. It may not be a day or two away, but could be days
away from us reading a PR that really drives this stock
up hard.
James
1-year target for ANPI
There is a broad range of price targets for ANPI.
Yahoo: 1.3
http://finance.yahoo.com/q?s=anpi
Nasdaq: 3.85
http://www.nasdaq.com/earnings/analyst_s...
Zacks: 4.15
http://www.zacks.com/research/report.php...
Marketwatch: 0.93
http://www.marketwatch.com/tools/quotes/...
James