So, I've been following this board for oh, a month or so.. I have some ANTH ( recently acquired, cost average of about .66 ) I also purchased some for some relatives accounts at varying cost averages ( one is about .80 the other about .75 ) I notice that the more active participants of this board seem to be more interested in short term charting? as opposed to company fundamentals.. andf I wonder if some of you would perhaps be willing to answer some questions that I have related to that:
1) are any of the "charters" here into this stock for the long term? ( meaning more than a few weeks/months ) and, if so, where do you expect this stock to be early next year? and, if not, why? are you riding some sort of very short term "chart pattern" for a smaller gain?
2) where/how did you learn the techniques that you are using to read these charts to a level that is far higher than I can? I am interested in learning more about this, so I can attempt the same analysis that you guys are doing... I see the notes you make, and the charts you post, but a lot of the items that you point out are somewhat meaningless to me ;)
3) If I intend to hold this stock to well past the $1 range ( as I would like to do, and possibly, hopefully, $2-$3 ) , well, am I making a mistake? and, if so, why?
I realize that a lot of this depends on the results of the phase 3 studies that are about to be, or are now, ongoing, but those will take ( to my understanding ) about a year to complete... can much movement be expected during that time? does it make sense for a long to simply hold on throughout this period? I expect short term gains can and will be relized for all of the positions I listed above, but I also don't want to sell it all at a small profit, and then lose out on the much larger gains...
anyway, sorry if any of this seems or sounds ignorant? but that's why I ask these questions I guess..
for my own ( humble ) $0.02 on my knowledge of this stock I am a believer in the idea that the stock got hit overly hard as a result of the recent phase 2 results, and I see promise in the new studies now being conducted. So, I am not going into this "blind" per se, It just seems to me that there are several on this list that have tools and techniques that give them a much greater edge to what I have available to me.
any thoughts or responses are appreciated, thanks for reading..
B...
