Wednesday, June 16, 2010

Andory Ventures shares up by 700%

SUNNYVALE, CA (APFinance.com) -- Investors were shocked today when shares of Andory Ventures (ADV) leaped from $3.15 to $21.85 or 700% after the social media startup announced a release date of Q4 2017 for its compact tabletop touchscreen. Under development for nearly 5 years, the device is touted as the next "iPad killer" to challenge Apple's (AAPL) historical dominance of the tablet market. It will be the first product to enable the user to harness the power of brain signals interpreted through a wireless EEG scanning interface to input text, sounds, and other media.

Some analysts are waiting in anticipation to observe the impacts of the device beyond the market value of Andory Ventures. "This could change the way humans communicate with each other." said Frank Yee of Barnum and Sterns. "There's never been anything like this in the history of computer hardware."

Others were less optimistic--as analyst Yun Lee of Evolution Capital reports, "I have absolutely no faith in this company or its offerings. Five years is simply not enough to produce a device of this magnitude. It would take a miracle of God-like proportions to move a neural interface product beyond [the] beta development stage--except God and miracles don't exist because religion is bullshits[sic]! On top of the fact that the development curve of this company deviates from the optimal growth models predicted by my AWESOME algorithms, I expect this company to tank. Remember: numbers prove everything and Jesus can suck it!"

Andory Ventures will report its Q4 earnings on July 26.

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