Eco - I think ANX is an excellent play that is based upon real news and upcoming events and not just hype. I first came across this stock a few weeks back and got in around .15 for a few reasons:
1. NDA for ANX-514 is imminent. Should be this week!
2. Carl Icahn owns 4.5% of ANX.
3. ANX recently secured financing to last them well into 2010.
ANX is both a short term and long term winner IMHO. If you care to look further into it, please have a look at the DD posted by $heff: