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Microcap & Penny Stocks : CYIOS Corporation
CYIO 0.00440+10.0%Nov 3 3:27 PM EST

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To: Ted M who wrote (181)8/17/2009 9:44:16 AM
From: rogerover1 Recommendation  Read Replies (2) of 278
 
To me, what CYIO actually reported is less significant than the fact that the CEO seems not to have any control of what comes out of his mouth. I'm not going to bother going back and looking for it, but didn't he very recently tell one stockholder in an email "We are on track!" (to meet his prior guidance), or something like that? It's tough to stick with an investment, even when one's own analysis suggests that it may ultimately be profitable, when you can't trust a thing the CEO says. I had bought back a very small position recently but managed to sell it on Friday for an insignificant loss. CYIO is now on my "DO NOT BUY, EVER!" list.
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