Ladies and Gentlemen,
The last thing CYSS needs or wants is unfounded HYPE. Hype is generally offered without merit or foundation. And, once the hype is gone, the stock price usually dips to previous lows and some investors are stuck at high prices. CYSS is rebounding for many well founded reasons and requires NO hype at all.
First, the market makers have preyed heavily on this stock in recent months. Secondly, I believe there has been a significant short position taken by a few promoters. And third, CYSS's business plan has not been made clear to the investment community.
The solution to the aforementioned problems has been directly addressed by CYSS management. Crys-tel has announced some strategic alliances with major internet telephony companies both nationally AND internationally (Academy Networks, Telematrix of Japan, and Nokia). Additionally, CYSS is in Italy this weekend to attend an international convention of intenet telephony companies. The results and/or findings should be made known to us next week.
As to the short position, I personally believe we will force the short position out of this stock next week with continued strong buying. Once that happens, the charts suggest that our stock will move briskly back to previous highs. Hence my request that the holders of paper do not sell into these daily runups. DO NOT OFFER THE SHORT POSITION ANY OPPORTUNITY TO COVER.
I was very pleased with the trading activity of CYSS yesterday as the buyers clearly outnumbered the sellers. There was a temporary short position mid-day, but it was covered before the close and our stock rebounded well at the bell. This suggests to me that Monday should be a repeat of Friday and I fully expect to see a new floor going into Tuesday. I realize there is a temptation to sell stock when a runup occurs (day trade), BUT I do not feel this is the best plan for CYSS shareholders. Taking a position at these low levels and holding stock will provide us with the best return near term (three to six months). Once again, by accumulating paper (stock) and holding it, we remove available shares that any short position may need to cover their position; thus, they are FORCED into the retail (open) market and will bid alongside other investors. Does anyone want to guess what this will do to our stock price near term ??????? And, remember the effective trading float is now under 300,000 shares.
I am very excited about the next five to ten trading days and I am long CYSS. If there are any dips in the price, I am accumulating more shares. I will have more to report next week and hope to have a significant announcement for us mid week ( I am working hard to verify some information which is "rumored" at this time and as you know I will not post it until I am certain of its authenticity).
Warm Regards,
Chief |
