posted
I have been buying up to 2 million shares today. Hoping for a quick 50% to 100% gain. I think most people were thinking the same thing (pick by mach that came out), drove price up.....Limit orders forced price back down. Its a good short term paly in my opinion.
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posted
i'm surprised there isn't more discussion about CYTP being that it's Mach's new hotpick.. oh well i'm in @ .0056 (bought at the HOD as usual haha)
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posted
LOL jr, I would have probablly bought at the hod if my money wasn't tied up. I looked at it when it was hod. But, it took me a while for some sell orders to go through. I got in at .051
posted
Glad it came back down. I was able to get my order filled at .0051. I don't think it opened at .0050. e-trade shows it opened at .0056 Maybe it is filling its gap on the hourly chart. Charts all look good. Good luck
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Jak is right, it opened at .0056 unfortunately there was alot of selling this morning as BetNitAll pointed out. actually there is still alot of selling going on but there seems to be some pretty good support @ .005. i think im gonna add some more at .0051 to average down a bit.
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posted
IMO BAMM has been selling the last S-8 (450mill)shares for the last two weeks or so.. On Friday I thought it's done with selling.. Looks like it is not...
In the last two week-period supply was incredibly huge, and the price held very well surprisingly..If current demand and interest continue,when the selling is done,I hope we'll see a good run-up...
posted
I hope so! Raven, like you, I bought at the HOD, 110k shares @ .0056. I thought I had a position at .0054, but for some reason, there was a nearly 10 minute period of time when the ask was .0054, my bid was .0054, but nothing happened.
posted
jr....You think thats bad. I bought almost a million shares at .0051 I had to step away from the computer for a while and I put in a tight stop/sell at .049
Before I could even log off ameritrade it sold all my shares, even though the bid was at .05
Talking about losing money before you get started. I take some gladness in the fact that the stock did drop, so it was going to sell anyways.
quote:Originally posted by jr: 10 million shares sold in the last 10 minutes and a bid of .0048 ouch!!!!!!!! (i bought @ .0056 remember?) LOL
posted
BetNitAll, do u plan on getting back in? im not sure what im gonna do at this point. i bought 250k at .0056, and planned on buying another 250k at .0051 but then the huge sells starting going through.. after my post about the 10 million shares being sold in 10 minutes, another 15 million were sold 2 minutes later! if raven is right about the s-8 shares then this may go even lower. this is a little nerve racking to say the least.
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posted
Jr, of course this may go even lower as any other stock.. I bought some shares back last week @ .0051.. I feel pretty confident at this point..The stock didn't drop below .0046 in the last two weeks, although the selling pressure was greater than today's.. If I were you I wouldn't average down @ .0051..There is no big difference between 51&56..I will add at around mid or low forties, if it drops(I don't think it will) Selling will be done very soon, I think.. 50% return is a must from these levels.. And the news will determine the rest..(.01-.015 is possible if the news is strong)
GL
quote:Originally posted by jr: BetNitAll, do u plan on getting back in? im not sure what im gonna do at this point. i bought 250k at .0056, and planned on buying another 250k at .0051 but then the huge sells starting going through.. after my post about the 10 million shares being sold in 10 minutes, another 15 million were sold 2 minutes later! if raven is right about the s-8 shares then this may go even lower. this is a little nerve racking to say the least.
I'm totally confident in machs pick here... just patience...
"This is where alot of the stock being released on the market is going. To the employess. I tell you guys one thing. If I was a employee of a company that I thought was going to go under I damn sure would not be buying shares. Nor would I accept shares for lack in salary unless I thought it was a damn good idea. This is where alot of the shares are going that we see moving. If these shares were being dumped and not being picked up by someone the price of the stock would of dropped alot lower. The fact is that the prices has stayed steady durring this period tells me alot.
During the nine months ended September 30, 2003, employees' exercised options to acquire 350,500,000 shares of common stock on a cashless basis through an outside broker. The broker sold the shares on the open market and Cybertel received proceeds totaling $857,346.
Cybertel Communications Corp., a Nevada corporation (the "Company"), in connection with its Registration Statement on Form S-8 relating to the registration of 450,000,000 shares of its common stock ("Incentive Shares"), $0.001 par value per Incentive Share, which are issuable pursuant to the Company's Employee Stock Incentive Plan for the Year 2004
posted
Sold my position in cytp because of impaitience for a small gain, but got back in. Tommorow is tuesday, personnaly expecting news dont take my word for it. C'mon cytp it's your turn to ride. Holding 398400 shares strong Best of financial luck.
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ok i will admit the only reason i bought this stock is because it was Mach's pick, i didnt do any dd of my own which is why i got nervous when it dropped a bit today... well after reading what u guys have said and after doing some dd of my own, i have decided to.... triple my position tomorrow lol. go cytp!!!
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JR If you are an active trader (in-out in 1 week) average down after a 20-25% drop - not before For long term traders never average for less than 50% drop (65% is better)
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I was Told Weeks ago "Quick buy CYTP Its gonna Run: WHY? "Great news comming out in shareholders meeting early January". So By the time I got the funds into the account and bought it price ".0065" - up from .0033 when she called. Then it was announced the meeting was postponed till Feb 16th. The price has been up between the low 40's to 50 ever since. My point is when the news or event actually occurs should be a sharp gain Just a Thought for those who complain about getting in at .0056 hehhe
posted
VISTA, Calif., Jan. 27 /PRNewswire-FirstCall/ -- Cybertel Communications Corporation (OTC Bulletin Board: CYTP) announced today that its board of directors has set January 26, 2004 as the date of record for shareholders to be eligible to vote at the company's Annual Meeting. The Annual Meeting will be held on February 16, 2004 pending acceptance of the company's 14(a) filing.
posted
Cybertel Communications Corporation Sets Record Date for Annual Shareholders Meeting PR Newswire - January 27, 2004 10:15
VISTA, Calif., Jan 27, 2004 /PRNewswire-FirstCall via COMTEX/ -- Cybertel Communications Corporation (OTC Bulletin Board: CYTP) announced today that its board of directors has set January 26, 2004 as the date of record for shareholders to be eligible to vote at the company's Annual Meeting. The Annual Meeting will be held on February 16, 2004 pending acceptance of the company's 14(a) filing.
About Cybertel
Cybertel is a fully integrated telecommunications service provider that supplies a wide range of telecommunications services. The company can offer highly competitive rates to its residential customers on long-distance, personal 1-800 numbers, and calling cards. For businesses, Cybertel offers a wide variety of value-added services.
For more information contact Cybertel at 760-599-0265 or via e-mail at info@cybertelcorp.com .
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
SOURCE Cybertel Communications Corporation
Arthur Armagost of Cybertel Communications Corporation, +1-760-599-0265, aarmagost@cybertelcorp.com (CYTP)
Copyright (C) 2004 PR Newswire. All rights reserved.
posted
In at .0047X.0048=support. It's forming a nice ascending triangle which, if it pops, might be between now and the annual meeting and if it's a good meeting then who knows what might happen. I've had this on my watch for a good couple of weeks.
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