CYOS.OB - um somebody knows something?!

[setravis]

Did you get back in CYOS.....Justin?

[JMoney]

Nope..but should have  . My online broker wouldnt let me get the shares that I wanted to get.

[dhiraj19]

Guys,
What do you think for tomorrow? Will it go up or down and by how much?...It closed at 0.0595 today..

Fabolous pick........Interesting play today...

[talonz]

I think there will be a gap-up to at least .065, if not .07.

We were very strong in the .07s until the last few minutes, people taking their profits.  Fine by me, I like strong hands in a stock when I'm long.

[calven]

I would say a gap down is more likely...Lots of selling at the close. I would think it would continue tomorrow morning...I would like to get back in this stock for the longer term but i would like to give it some time yet. Make sure its not going to tank...

[dhiraj19]

Guys,

What is your opinion for tomorrow? Will it open up and continue its climb like today or will it go down?
Any analysis appreciated....

Thanks,
Dhiraj

[Ramsburg]

Hello dhiraj19 !

I don't have any strong opinion on this subject... For my point of view, I've bought some strong momentum, and I have no reason to sell so far.

When it comes to stocks like this one, I'm always much more focused on the potential, and less concerned with the risk of this individual trade, and that's why I cannot be to much exposed on any stock like this one

To get the bigger price, we must take the bigger risk... (and by risk, I don't mean a BIG position, but to accept HIGH drawdowns)... People who bough this morning @ 0.0485 had to watch some minutes later on their screens the scary number: 0.036 but a few hours later they had the chance to sell near 0.08...
I believe many people just freaked out, and sold... the same thing yesterday on early morning session...

I usually go into penny stocks not «just» for a 100% fast profit... but because a speculative ride like this one, based on an HUGE volume, and a nice story can be easily a 10 bagger ;-)
Making 100% on a penny... or loosing 50% doesn't disturb my sleep...
But having a 10 bagger on my trading curriculum just makes my day
(well... a 3 or 5 bagger too  )

Now... talking about tomorrow:
It's very difficult to predict whatever will be the beginning of the session on CYOS... but I would not be disturbed by a correction till 0.0475... the same way I would not be surprised by watching 0.09 on my screen on early morning...
On a position trading point of view, I just love the chart, with this 3 powerful candles on top of an increasing and HUGE volume... Remember, the free float is just 300,000,000 shares... Today's candle just suggests continuation of the uprising move... but this can be wrong ;-)

Remember AMRE ?
A move like this one, usually just ends with a gap up and a red/black candle or a decreasing volume...
That's not the case, so the odds are on our side...
But...
... and there is always a «but»:
The market has the last word, and we just accept that, and respect that
Loosing or winning

Best regards and good trades !

[The_Smaker]

Could it be possible that off-trade @ 0.0069 could have originated some stops ?

[Ramsburg]

Could it be possible that off-trade @ 0.0069 could have originated some stops ?

I don't know about that... I'm not sure how stops work on OTCBB, and how does this spike trades works...

But for now, CYOS is doing the exact same move of the last 2 sessions during early session 

[dhiraj19]

Guys,
CYOS is falling like there is no tomorrow. Any comments?

[Pete]

Profit taking I guess.It has stabilized around .049 though.

[Ramsburg]

Guys,
CYOS is falling like there is no tomorrow. Any comments?

As I saind before:  this is a risky stock, on a risky move...

I think its normal to watch some selling in the middle of a move like this... We haven't watched yet a buying exaustion, neither strong gap up, so I still have no reason to sell this stock... I'm holding it.

best regards,

[spreadhack]

Seems stable in the 0.048 -0.051 range. Actually got back in & filled at 0.048.
Volume is low at this moment. However I expect it to end the day on the upper end of this range. Tomorrow morning we will probably see a strong upward trend.
Anyone disagree?

[Ramsburg]

This stock is «unloading» the fast gainers of the last days, and shaking the short term loosers that are afraid...

I can be wrong, so don't trust my words... but I'm expecting buying forces at any moment...

best regards,

[calven]

My take on CYOS.OB....

Intraday- A break of .047 (support) and CYOS will tank farther...

I said yesterday it would sell of today. That weakness into the close yesterday made me suspect that. Also CYOS hit its intraday top trendline resistance. Heavy selling into the close = selling at the open more often than not.  I want back in CYOS at what I believe will be support...Take a look at the chart below. Wait for a breakout of the descending channel to buy! Just IMHO but I have had good success so far trading CYOS in channel...