Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
thanks Dallas!
OT: glasslady, checked out your website! Ok I know who im going to anytime i need stained glass! keep up the good work, it's nice to see someone with a good passion! and you might find an extra person mark yourself :)))
CYOS: thanks MacD, it's nice to see some taking indepth interest into the technicals of a stock, and I'll be more than happy to answer your questions. Here are the answers to your questions, indicator by indicator. If you're learning, my conclusion at the bottom is more important than the answers below.
RSI: The RSI is calculated over a certain time period I believe usually 14 days. In my experience, conceptually it is a measure of the buying pressure ie buys over a period of time, rather than just buys alone. CYOS has started moving up, and there has been more buying pressure in the last 3 days, than in the 11 days preceeding it. Thus the RSI is showing you over 70. I dont know if you were watching ONEV, but it kept moving up way after its RSI crossed the 70 mark. I never use the RSI alone as an indicator of the securities trend. Thats just my understanding.
C/H Pattern: Could this be the beginning? sure, always the case with a security thats exhibiting this kind of trend.
Wm%R, Why the divergence: Williams %R follows buying and selling PRESSURE. If you're wondering why its showing the pattern, look at Friday's level 2. there was a buying period followed by selling period towards the end of the day, which the %R is reflecting. In a stock as volatile as CYOS, the % R can go crazy up and down following large buys and sells.
OBV: Look at the price pattern over the past couple of weeks. OBV drops when the stock closes lower, even if the volume is higher. In general, the stock price had been moving down, closing lower each day, which the OBV reflects. Then it closed higher on wednesday which the OBV reflects by that little spike you see. Then it closed with a 0% change on Friday, which the OBV reflects too. OBV is calculated based around drops or rise in closing prices, not drops or rises in volume.
I hope that answers your questions. Also I am assuming you're joking when you call yourself a newbie. If you truly are a newbie, then in my experience, technical analysis is good, but when the float is low, there are other factors that can move a stock than just technicals alone. I never place 100% reliance on charts while making trading decisions on OTC stocks. I think CYOS will move up due to other factors such as good company condition, traders trying to make a quick profit on the ride etc, the technicals will support the ride, not cause it. If you're not a newbie, you should know this. Just my opinion though.
thanks, and no i dont mind, go ahead
CMKX: I have no position in CMKX but congratulations and good luck to those who do, I know many have been waiting for the big one with this, and I hope that the big lottery day comes soon for all of you and CMKX is no longer a sub !
GBLL: one for the late summer:
"Global will launch a beta site of the subscription service in June 2004, with the full subscription launch in August 2004"
ALOHA stock hippie!!! howz you????????
STOCK HIPPIE!!!!!!!!!!!!!!!!!!!!!!!!
Mach, here's one for the road: CYOS. I posted some DD earlier, see if you like it, lemme know
http://www.investorshub.com/boards/read_msg.asp?message_id=3253611
http://www.investorshub.com/boards/read_msg.asp?message_id=3253638
CYOS DD: The company:
I'm more about trading the stock for a $$$ profit over a couple of days as high as it runs, but the company also seems to be in good shape.
Very briefly, theyr into the online gaming industry, and are targeting markets in Asia, which are slated to be booming online gaming segments, and are expected to grow exponentially by 2006. The news releases below are worth checking out. Some key points:
-They are building relationships with portals, such as Sina.com. Sina.com is ranked as the 5th busiest site on the internet, in terms of traffic.
-They advertise on MSN, Google etc
- They do not fit into the "gambling" industry, thus enabling them to do business free of restrictions which apply to the gambling world.For eg they can market themselves anywhere, and have any age group use their product.
- They have their own software which has been running successfully since I believe 2001/2002.
All of the above can be verified with by calling the company. Here are news releases worth checking out:
CYOP website:
http://www.cyopsystems.com/
http://www.skillarcade.com
CYOP Announces Partnership with SINA.com Online
Wednesday May 5, 7:30 am ET
http://biz.yahoo.com/bw/040505/55077_1.html
CYOP To Enter into Mainstream Video Game Industry
Tuesday May 4, 11:12 am ET
50 Million Online Video Game Players Make up $1.3 Billion Industry
http://biz.yahoo.com/bw/040504/45673_1.html
CYOP Systems International Inc. -- Business Development in Asia
Monday May 3, 7:30 am ET
Online Skill Video Games Company Targets Large Portals and Companies
http://biz.yahoo.com/pz/040503/56847.html
CYOP Systems Comments on Growth of Asian Online Games Population, Broadband Access and Love of Video Games Fueling Expansion to $720 Million This Year
http://biz.yahoo.com/pz/040429/56736.html
CYOS DD: the stock:
CYOS could be a good profit making trade. The float is extremely low, only 12 million which I confirmed with the company this evening. The low float causes the price to start climbing easily with the slightest buying pressure, today itself it traded between the ranges of .023 to .037. Between last year and today, it has traded at 15 cents and below, making this game for anywhere upto 15 cents depending on the buying pressure. It's basically heading back up from its lowest point, it's beginning to get noticed slowly, and I think good buying pressure could possibly make this similar to the MBAH ride.
Chart wise, It's close to the 200 DMA but not there yet. Monday or Tuesday might see it break the 200 DMA (@ approx 0.04), following which CYOS could break out loose. This logic is also supported by the MACD which is headed towards the zero line the the +ve ADX which is close to 40, indicating a strong upward trend.
I'm hoping this is the breakout of Monday.
up 40% and moving hard! go CYOS
is it just me, or does the market suck today?
TRBY: one for the MOMO cap'n 0.12 x 0.121
TRBY wooo!!!!!!!!!
ONEV: .139, .14 .142 .143 .148..resistance till .15
ASLG actually up 21%
ASLG: JUST KIDDING!!!!!!!!!!!!!!!!
Captain ASLG sucks!!!!!
ONEV: 111,000 pre-market volume
ADVC: might get some action following the news:
NEW YORK, June 2, 2004 (PRIMEZONE) -- Advanced Communications Technologies Inc.
(OTCBB:ADVC) (the "Company") today announced that on May 27, 2004 it entered
into an acquisition agreement to purchase 100 percent of the assets and core
business of Cyber-Test Inc. (the "Asset Purchase Agreement") ("Cyber-Test"), an
established privately held electronic equipment repair company with annual
revenues of approximately $6 million. The Company has formed Encompass Group
Affiliates Inc. ("Encompass Group"), a new, wholly owned subsidiary to become
the direct parent of Cyber-Test.
Under the terms of the Asset Purchase Agreement between Cyber-Test and Encompass
Group, Encompass Group will acquire all of the operating assets, tangible and
intangible property, rights and licenses, good-will and business of Cyber-Test,
for a total purchase price consisting of $3,000,000 in cash, $500,000 in a three
year unsecured installment note and 50,000,000 shares of restricted company
common stock priced at $.01 per share to be earned prorata over a three year
period based on Cyber-Test meeting certain revenue and earning milestones.
Wayne Danson, the Company's President and Chief Financial Officer commented on
the acquisition by saying, "The Cyber-Test acquisition is the first of what we
hope to be a series of acquisitions intended to create a vertically integrated
service and technology business for the company. Further details of this
strategy will be forthcoming."
Lisa Welton, President and Chief Executive Officer of Cyber-Test, and her
management team will remain with Cyber-Test in the same capacity. Welton has
been with the company since 1992. Since that time, Welton has driven the company
to be one of the nation's leaders in computer peripheral repair and service.
When asked to describe Cyber-Test Welton replied, "Cyber-Test has been and
continues to be on the leading edge of repair and exchange for most super store
retailers that sell computer equipment. In addition to the company's hardware
repair services, it offers a multitude of services and support for manufacturers
and any company needing a service arm to accompany its product offering."
Welton added, "We are extremely excited to be the first part of this anticipated
new group of companies and together will be able to offer services that our
existing and new clients will take advantage of immediately." Welton will also
assume a management role with Encompass Group.
Danson said, "Today is the beginning of a new Advanced Communications. The
agreement with Cyber-Test, when combined with our existing revenues and our
other expansion plans, firmly establishes the company as a revenue-generating
platform for growth in the technology and other industries."
Danson continued, "We are particularly pleased with the increased value that was
created today for our shareholders, and incredibly enthused about this
transaction and the talented people that it brings to the company."
Danson will remain President and Chief Financial Officer of the Company, and
will take on the role of Chairman of the Board of Directors of Encompass Group.
In addition to the acquisition of Cyber-Test, Encompass Group signed an
agreement with Hy-Tech Technology Group Inc. (OTCBB:HYTT) ("Hy-Tech") to acquire
certain licensing rights to Hy-Tech's customers and website addresses, the
transfer of rights which Hy-Tech had to negotiate an acquisition with Cyber-Test
as well as certain other acquisitions, and the right to hire Martin Nielson, the
Chief Executive Officer of Hy-Tech. Hy-Tech has been a custom systems builder
and an authorized distributor of the world's leading computer components and
peripherals. Under the terms of the agreement between Hy-Tech and Encompass
Group, Encompass Group will have, among other benefits, an exclusive, perpetual
worldwide license to market to Hy-Tech's customer base. The consideration paid
for these rights consists solely of the retirement of certain of Hy-Tech's
Senior Secured Convertible Debentures by the payment of $250,000 and the
issuance of the Company's Series B Convertible Preferred Stock with a
liquidation preference of $253,000.
The transactions with Cyber-Test and Hy-Tech are subject to customary conditions
to closing, but are expected to close on or before June 8, 2004.
In conjunction with these transactions, the Company intends to appoint Martin
Nielson as Chief Executive Officer of Encompass Group. Nielson will also become
Senior Vice President-Acquisitions of the Company and a member of the Board of
Directors. Nielson, who sought out the original deal with Cyber-Test, is an
experienced business builder who will work with Danson and Welton to craft and
execute the growth of the company, Encompass Group and Cyber-Test. Nielson's
30-year international career includes serving as Chief Executive Officer and in
other executive-level positions within public and private companies. Five
start-ups, in which he served as an executive, became public on the NYSE,
NASDAQ, OTCBB and London exchanges, and four became billion dollar corporations,
among them The Gap, Businessland and Corporate Express.
Nielson commented on the transactions by saying, "I'm thrilled to be joining
forces with Wayne (Danson) and Lisa (Welton) and look forward to implementing
the plan we have begun to develop. I am very optimistic about what we can
achieve together, given the business and finance experience that the collective
management team has."
When asked about the future position of Advanced Communications Danson said, "We
now have a successful start to the growth of our core operating business in the
service and repair of electronic equipment, which will give us the ability to
expand into the complimentary field of computer components and peripherals
distribution. Combined with our investment in Yorkville Advisors made earlier
this year, we have, over a short time frame, transformed the company into a
financially stable growing business. We are happy to gain the support of Lisa
(Welton) and Martie (Nielson), two highly regarded industry professionals, and
are excited about the proven management skills and dynamics they bring to the
Company."
The Company intends to continue expanding its core operating business by
acquiring additional complimentary business enterprises during the second half
of this year.
About Cyber-Test Inc.
Cyber-Test Inc. ("Cyber-Test"), a Florida-based privately held corporation with
85 employees, is an established electronic equipment repair company.
Specializing in the repair of computer peripheral products, Cyber-Test is
uniquely positioned as a strategic partner for OEMs (Original Equipment
Manufacturers), warranty companies, dealers and end-users. The versatile
Cyber-Test service model enables its customers to support virtually any
electronic product. Cyber-Test provides a multitude of services that offer
service support at any level from repair or warranty exchange, to end-of-life
product support. Cyber-Test offers the flexibility to deliver exactly what its
customers need. Whether it is to outsource entire service departments, or just
choose one of the many services offered, Cyber-Test can provide a multitude of
service infrastructures to fit the needs of its clients. Cyber-Test's menu of
services includes: i) Call Center/Help Desk; ii) Depot Repair; iii) New Product
Sales; iv) Parts Sales; v) Spare Parts Sales; vi) Advance Exchange; vii) Product
Return and Warranty Support; viii) Service Contract Billing and Administration;
ix) Logistics; x) Detailed Tracking Analysis and Service Data Analysis; and xi)
Exit Strategy and End-of-Life Product Support.
Current customers of Cyber-Test include national and regional reinsurance
companies and major office and electronic retail super stores.
About Advanced Communications Technologies Inc.
Advanced Communications Technologies Inc. (the "Company") is a holding company
that, through its wholly owned subsidiary, Encompass Group Affiliates Inc.
("Encompass Group"), owns Cyber-Test Inc., an established electronic equipment
repair company. In addition, and also through Encompass Group, the Company holds
certain licensing rights to the customers and website addresses of Hy-Tech
Technology Group Inc., a custom systems builder and authorized distributor of
the world's leading computer components and peripherals. The Company also has a
minority interest in Yorkville Advisors Management, LLC, an investment
management partnership, through its wholly owned subsidiary Hudson Street
Investments Inc.
This release contains 'forward-looking statements' within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Act of 1934. Although the Company believes that the expectations reflected in
such statements are reasonable, no assurances can be given that they will prove
correct. The Company remains exposed to risk factors outlined in the Company's
Registration Statement as filed with the Securities and Exchange Commission on
July 16, 2003. Statements made herein are not a guarantee of future corporate or
stock performance.
HTML: http://newsroom.eworldwire.com/wr/060104/10339.htm
PDF: http://newsroom.eworldwire.com/pdf/060104/10339.pdf
ONLINE NEWSROOM: http://newsroom.eworldwire.com/1376.htm
LOGO: http://newsroom.eworldwire.com/1376.htm
CONTACT: Advanced Communications Technologies, Inc.
Wayne Danson
(646) 227-1600
PHOX: flip of the day for me :)
TTGG: captain, take a look at this: not recommending it for a long term, but looks like a thin float which moves easily. I'm not sure how long the MOMO will last, or what's causing it, but keep your eye on it.
thanks!!!!
DFRC: oh yeah that went up 60%, no doubt. Thats the thing abt DFRC..it's a pure MOMO play rather than an "investment". It has periodic waves of momentum, especially when its this low.
captainhaddock should keep it on watch.
true, RWNT might be good for a quick buck.
stockhippie, did u mean DRDF? coz thats up only 4.5%
hey how are these rank points decided? like whats the system for giving points to these boards?
Happy Memorial Day weekend to you, Captain Haddock and the rest of the people here :))))
stock hippie!!!!!!!!!! wherever i go, there u are!!!
EVO!!!!
I thought this board was pretty cool:
http://www.investorshub.com/boards/board.asp?board_id=2598
Yes it is. POSC has an approx float of 45 mill, and the number of shares theyr talking abt eventually diluting might double the float. However, if you're trading this short term there should be no problem as none of this is happening anytime soon, as least as far as I understand. I've already traded the stock this morning, what i would suggest is calling up the company and confirming the deal with them. Thats what i would do if i was playing long. Until then, its a great short term trade.
hey captain! nice board concept..I usually trade MOMO stocks, so it should be beneficial to me hopefully. traded POSC this morn
keep up the good work
RWNT: EZ, could u tell me how much was the S8 for and what is the current O/S on it, and also who was the seller?
POSC: money doubler, nice early AM profit :))
BIBO up another 42%, hoping it will pop by the end of the day.
BIBO woww!!!!!!!!!
EVO, I will address this issue after market today. PLEEZ PLEEZ help BIBO's ride :)))))