ALYI Sees Stock Accumulation In Keeping With EV Market Sector

September 22, 2021 -- InvestorsHub NewsWire -- via pennymillions

Alternet Systmes, Inc. (ALYI) trading volume is strong as the PPS goes sideways even seeing an edging down. The ALYI stock seems to be seeing investors accumulating shares in anticipation of a rebound. The ALYI 52 week high is $0.20. The current PPS is under $0.02. The ALYI stock performance looks in keeping with the overall Electric Vehicle (EV) sector as investors seem to be amassing positions and preparing for a EV sector rebound.

“This year hasn't been quite as kind to electric vehicle (EV) stocks as 2020 was. As a case in point, Tesla (TSLA) – the closest thing in this space to an established company – saw its shares rise by 743% last year. But TSLA stock is virtually flat in 2021 vs. a 20% gain for the broader market.” Kiplinger

“In the near term, EV stocks will continue feeling the squeeze” …. Investor’s Business Daily

Something will probably trigger an overall EV market resurgence. Maybe a Biden administration move, maybe breakthrough battery news.
“The EV industry is focused on building a better battery … Batteries are the linchpin of the electric vehicle market. U.S. News & World Report
ALYI did start as a battery technology company and has published news on the past on battery research and development to include an ongoing battery development project with iQSTEL (IQST).

Source - pennymillions.com/ALYI

Other stocks on the move include JPEX, SFOR, and AXTG.