ALYI Momentum Builds With Close Friday Above 50 and 200 Day Moving Averages
May 07 2018 - 10:03AM
InvestorsHub NewsWire
ALYI Momentum Builds With Close Friday
Above 50 and 200 Day Moving Averages
New York, NY -- May 7, 2018 -- InvestorsHub
NewsWire -- Alternet Systems, Inc. (USOTC:
ALYI) broke through its 50 Day and 200 Day Moving Averages on
Friday to a price-per-share over $0.02 following the recent
publication of an analyst research report issuing a
“speculative-buy” and $0.09 target price-per-share. The PPS
closed Friday just off its high at $0.018, still above the 50 Day
and 200 Day Moving Averages.
Goldman Small Cap Research issued a new research
report on Alternet Systems, Inc. that includes a “speculative-buy”
rating with a target price-per-share of $0.09. The company’s
i/o is under 200 million shares and the company recently acquired a
$3 million lithium technology portfolio. The lithium
technology is being commercialized in the $120 billion electric
motorcycle market and the company today announced an upcoming
dividend distribution. The report provides an in-depth
overview and analysis of Alternet’s patented lithium battery
technology portfolio and the first application of the technology in
an electric motorcycle being produced by an Alternet subsidiary. To
view the report, along with disclosures and disclaimers,
visit www.lithiumip.com/research-rpt
or www.GoldmanResearch.com.
Momentum trading also building in Medreleaf
Corp. (MEDFF),
Gopher Protocol, Inc. (GOPH),
and Puration, Inc. (PURA).
Disclaimer/Safe Harbor:
This news release contains forward-looking
statements within the meaning of the Securities Litigation Reform
Act. The statements reflect the Company's current views with
respect to future events that involve risks and uncertainties.
Among others, these risks include the expectation that any of the
companies mentioned herein will achieve significant sales, the
failure to meet schedule or performance requirements of the
companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not
occur.
Source: www.nextbigticker.com
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