Anchors drop. It's what they do.

Psychology of the masses, what's in a name?
Looking back it's clear ANKR rises on hype -- positive news media events.
Then it falls back toward pre-hype equalibrium.
Without a burst of good news, ANKR reverts to a "penny stock" seeking the bottom.
The good news is, ANKR has more good news coming.
But I would discourage traders from going long now.
Anchors drop. It's what they do.
Either short ANKR, or get out.
Just my opinion, don't know the people.