Monday, March 08, 2021 5:15:12 PM
Make your investment count.
Isn't it funny how often people are asking about stocks or looking for a tip of something that can actually make money instead of "just sounds good"?
Well 9 months ago I had posted about a stock named CYIO. It was a stock that had been reinstated after a disastrous management took a promising software company - and turned it into nearly worthless.
Its clever software shell was sold off to another company and it had been entangled in a lawsuit with a tangled mess of failure to file financials etc. etc. etc..
The price in my 1st post here mentioned a stock price that was less than a nickel (about half that or less). BUT it had real potential because some very qualified business people had rescued it from near extinction - and had lots of intentions to build it back up.
Things got serious the 1st week of December 2020 while still at 3 cents or so . . . . Well today it was 57 cents (in the last month its been as high as 83 cents. And the expectation is - it will be going much higher because its management and a big part of its insider ownership is a larger private company that desires to go public.
We're expecting to hear some results - maybe this week or in the coming couple of weeks.
Well - I wouldn't trouble you with a mention if this stock was only going to be a 50% increase or a 100% increase . . . after all my last post was a couple cents and now its a couple quarters and more
If you've been reading on numerous places - you may have run into the symbol - - - lots to know about it - but not a great deal of time to learn it before it jumps on an announcement.
Symbol is ===> CYIO
Isn't it funny how often people are asking about stocks or looking for a tip of something that can actually make money instead of "just sounds good"?
Well 9 months ago I had posted about a stock named CYIO. It was a stock that had been reinstated after a disastrous management took a promising software company - and turned it into nearly worthless.
Its clever software shell was sold off to another company and it had been entangled in a lawsuit with a tangled mess of failure to file financials etc. etc. etc..
The price in my 1st post here mentioned a stock price that was less than a nickel (about half that or less). BUT it had real potential because some very qualified business people had rescued it from near extinction - and had lots of intentions to build it back up.
Things got serious the 1st week of December 2020 while still at 3 cents or so . . . . Well today it was 57 cents (in the last month its been as high as 83 cents. And the expectation is - it will be going much higher because its management and a big part of its insider ownership is a larger private company that desires to go public.
We're expecting to hear some results - maybe this week or in the coming couple of weeks.
Well - I wouldn't trouble you with a mention if this stock was only going to be a 50% increase or a 100% increase . . . after all my last post was a couple cents and now its a couple quarters and more
If you've been reading on numerous places - you may have run into the symbol - - - lots to know about it - but not a great deal of time to learn it before it jumps on an announcement.
Symbol is ===> CYIO
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