With a 52-week high of just 0.026, the penny stock of CYIOS Corporation (OTC: CYIO) is about to go ballistic and not because of its U.S. Department of Defense connections. Issued as an opening bell alert, CYIO stock had a market capitalization of just $290.49K as of yesterday’s closing price. Considering that the Company booked well over $1 million in revenues in 2012 from information technology services to the government, traders can expect to see a number close to the market cap prior to the bell being the total dollar volume at the end of today’s session.
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CYIO Stock Quote at 09:47:12 AM
Market Cap: 1.60M
Last: 0.044 ▲ 0.036 (450%)
Dollar Volume: $46,052
Issued and Outstanding: 36,311,640
14-Day Rel Strength: 79.47%
14-Day Stochastic: 58.27%
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CYIOS Corp. provides and implements innovative solutions to complex business problems in the areas of consulting, knowledge management, systems integration, application development, program integration and project management. Dealing mainly with government agencies over the years, only the most skilled traders would have been able to spot the undervalued gem without having to have to receive an alert on CYIO stock to see it.
With less than $70,000 in total liabilities as of September 30, 2012, CYIOS booked revenues worth $1,017,449 for the nine months ended period. Even more important is the note stating that the Company did not issue any shares of common stock during the 1st, 2nd and 3rd quarters of 2012.
Based on what we have been able to determine, today is simply the beginning of CYIO stock and the previous 52 week high should become the new support level for this winner of a Company. For the nine months ended September 30, 2012, CYIOS had booked a net loss of just -$75,769. As soon as the 10-K is released, assuming the profitability gap is closed even tighter, chances are the stock could see another sure after today’s activity.
About CYIO Stock
CYIOS Corporation, through its subsidiaries, operates as a systems integrator and knowledge management solutions provider supporting the United States army, Department of Defense, and federal government agencies.
Last 5 Trading Sessions:
Bottom Line: CYIO is a winning penny stock and those lucky enough to get their orders in under te previous 52 week high of .026 should easily see ample opportunities today to double their money. Even after the smoke fades, CYIO should remain on the list of penny stocks to watch, especially for those who know how to swing trade.
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