SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jane Hafker who wrote (2120)12/11/1998 2:41:00 PM
From: Jeffrey L. Henken  Read Replies (2) of 2534
 
>Where in the world is ALYA going? Are we all tanking here?<

Jane, I want you to take a look at this chart. You will see that ALYA is trading well below the 50 and 200 day moving averages. The stock seems to have found some support in around 41 cents. If that support was to fail the stock could trade as low as 20 cents. This is merely an educated guess based on my familiarity with technical analysis.

dailystocks.net

On the plus side, Corinex has made a commitment to buy restricted shares at 60 cents. This indicates they see value in the company that exceeds the current stock price.

No one can know where any stock will trade. We need more information from ALYA before it will be possible to determine if it is a great buy or truly in danger of tanking as you seem to think it might.

As for Thrustmaster? I really don't have time to research it.

Regards, Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext