Costas Inc (CSSI)

[Stock_Barber]

Paid email spams yesterday and today from Value Penny Stocks...

Good Morning Traders!

CSSI was our alert from yesterday. The stock fared well early on, breaking about 6% higher during the first half of the day on roughly 20x avg volume in a strong, steady push.

However, by the end of the day, the stock had given back most everything as the broad market went into a major tailspin. So, we wanted to put CSSI on your radar once again today.

As you may recall, CSSI is sits right at the core of an exciting space in the market today: “Fintech”, or financial technology. In this case, what we mean is Digital Currencies – think “BitCoin”.

CSSI (Costas Inc.) is a publicly traded company focused on investing in and incubating promising digital currency-based businesses and entrepreneurs by providing access to a global infrastructure of financial and legal professionals and investment groups.

The most recent important catalyst is the engagement of a major funding partner in Dubai for access to an A round of funding that may be as high as $32M for a major investment holding of CSSI (Alberta-based AuthentaTrade, Inc.).

The step represents market research showing another major area of growth for this huge new enterprise: Dubai. Demand is there, and capital is being accessed.

While there isn’t much to go on here in terms of technicals, with a float of just 7M shares, this stock could land on the moon with relatively little in the way of new interest.
Our sense is that this stock represents a major opportunity. Given the light float, with yesterday’s volume setting a new record for the stock, we see rising interest that could launch the stock higher at any moment.

So, please, keep CSSI firmly on your radar.