ALYI Rated BULLISH With Trend Reversal Starting Toward Potential Near Term Double On $20 Million Contract Prospects

Date : 05/06/2019 @ 2:33PM
Source :InvestorsHub NewsWire
Stock : Alternet Systems Inc New (PK) (ALYI)
Quote : 0.0063  -0.0005 (-7.35%) @ 9:00PM

ALYI Rated BULLISH With Trend Reversal Starting Toward Potential Near Term Double On $20 Million Contract Prospects

ALYI Rated BULLISH With Trend Reversal Starting Toward Potential Near Term Double On $20 Million Contract Prospects


New York, NY -- May 6, 2019 -- InvestorsHub NewsWire -- -- Alternet Systems, Inc. (USOTC: ALYI) started to show signs of a trend reversal on Friday with the PPS closing above the 200 day and 50 day moving averages (MA) at $0.023.  The ALYI PPS shot up above $0.04 early in April.  In the last two weeks the PPS has retraced back to a low of $0.02 and now looks ready to reverse that trend and head north again.  A DOUBLE back to $0.04 is a reasonable expectation.  ALYI has a recent analyst report that recommends a $0.09 Target PPS.  After Friday’s trading session, ALYI was rated BULLISH by multiple rating websites.

On Friday, the company announced new progress toward an ongoing initiative to sign a $20 million order that sparked the trend reversal.

ALYI Moves One Step Closer To Closing $20 Million Electric Motorcycle Order

Other OTC quoted companies making news of late include Golden Leaf Holdings Ltd (OTCMKTS: GLDFF), True Drinks Holdings, Inc. (OTCMKTS: TRUU) and Cannex Capital Holdings Inc (OTCMKTS: CNXXF

DISCLAIMER: (NBT)is a third party publisher and news dissemination service provider. NBT is NOT affiliated in any manner with any company mentioned herein. NBT is news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. NBT's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or opinion of the writer. NBT is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. NBT has not been compensated for this release and HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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.



Alternet Systems (PK) (USOTC:ALYI)
Historical Stock Chart

1 Year : From Oct 2018 to Oct 2019

Click Here for more Alternet Systems (PK) Charts.

Alternet Systems (PK) (USOTC:ALYI)
Intraday Stock Chart

Today : Tuesday 22 October 2019

Click Here for more Alternet Systems (PK) Charts.

Latest ALYI Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.