anadis...one to watch

Biotech companies in general have been heavily sold down in the current environment. It's probably a good time to think about accumulating some quality if biotech is your area of interest. There have been some positive announcements recently from Anadis. With development contracts and a production facility, I believe this company has good potential. Recently, Huntley put out a positive report on the company and since that time it has traded at higher than normal volume.

What has been interesting to note is that there seems to be a single seller feeding stock out at 18 cents. A rough calculation indicates that at least 1 million shares have probably been sold by this one seller. The demand has been excellent and prices would have risen were it not for this particular seller. It will be interesting to see if we get a change of interest notice.

At any rate, if selling dries up soon, I would expect ANX to increase in value in the short term.

AnnaP