posted
CYOS: checked out what all the talk was about. At under 3 cents, this stock seems to have a very thin float, so it moves up pretty fast, pretty easily when buys are coming in. It's a good ride and I'm guessing the interest is spreading because its just starting to move upwards from its 52 week low. Chart technicals look poised for a breakout, its been as high as around 17 cents before. Only problem i see is that it moves up fast, so gotta trade accordingly. All the best to those planning to get in. Company website: www.cyopsystems.com Posts: 28 | Registered: May 2004
| IP: Logged |
posted
what makes you think it will goto 17 cents? I don't think 17 cents is likely, however, looking at the time and sales for today's trades, you're right it is volatile and it can go high. 17 cents i highly doubt, but with enough luck it can break 6 cents on one day.
Posts: 95 | Registered: May 2004
| IP: Logged |
posted
but then again, looking at POS's like QBID and MBAH sky rocketing, you never know right? will dig up more DD on this Posts: 95 | Registered: May 2004
| IP: Logged |
posted
I've played this stock in the past. It moves up mad fast. If someone was to pound the ask in the morning like MHAD today, this has similar potential to rocket. I dont know what the exact float is, I know its low enough and moves like crazy. Am ready to play this all over again Posts: 37 | Registered: May 2004
| IP: Logged |
posted
This news PR here is their most important PR, which shows the true potential of teh company. After carefully reading the president's statements and calling the company, I have a feeling they have what it takes to become a very successful company. They are marketing themselves well in various lucrative regions in the world, and by the end of this year they should have significantly high revenues, and the stock price should be way way higher than it is now.
CYOP Systems Comments on Growth of Asian Online Games Population, Broadband Access and Love of Video Games Fueling Expansion to $720 Million This Year Thursday April 29, 1:57 pm ET
VANCOUVER, Bristish Columbia, April 29, 2004 (PRIMEZONE) -- CYOP Systems International Inc. (OTC BB:CYOS.OB - News), the leading provider of online video games and tournaments of skill, commented today on the estimated growth projections of the online gaming industry in Asia. ADVERTISEMENT
The market for online games in the Asia-Pacific region was $640m in 2003, and will grow to $720m in 2004. Government support of broadband and the PC availability phenomenon both contributed to the runaway growth of online gaming in Korea, which is now being replicated in hyper-growth markets Taiwan and China. Population-wise, China's Internet had more than 22 million new users on the Web last year, bringing the total number of Chinese online to 80 million. That makes China second only to the U.S. in Internet subscribers, however, by 2006, it is expected to overtake the U.S., with 153 million Chinese online. The surge is being driven by several factors, including a strong economy that's letting people buy PCs, and the opportunity the Internet provides to skirt China's tight government censorship. China also has over 40,000 PC cafes nationwide, mirroring the South Korean Internet phenomenon in the late 1990s. Out of fourteen hours per month spent online, the average Chinese Internet user spends eight hours playing games.
The recently published IGDA 2004 Online Gaming White Paper (http://www.igda.org/online/) reported that South Korea has demonstrated the fastest growth in the online gaming market, which is being driven by the highest broadband penetration rates in the world, with over 73% of households with multi-megabit access and PC cafes on nearly every street corner.
The Company believes that there are no major companies marketing skill video games in Asia yet, and that there exists an opportunity for CYOP to establish a foothold. As an early adopter, CYOP believes that it will be able to capture a significant market share of the industry within the next twelve months, and gross profit margins after direct costs and revenue splits will be in the 20% range.
For example:
Percentage of market share (2004) Revenues Gross Profit Margin 1/2% $3.6 million $720,000 1% $7.2 million $1.4 million 2% $14.4 million $2.88 million 5% $36 million $7.2 million
Patrick Smyth, President of CYOP, commented, ``I-Gaming is flourishing in English-speaking countries, however, a tremendous market has been undervalued in regions that are realizing formidable growth in online access. Out of the key world trading blocks, China and Korea lead the number of online gamers on the planet. China's strong economy and a large population, inclined to spend its disposable income on leisure goods and services, makes it a natural objective for our growth. Korea's fondness for gaming and the status that its society puts on this form of entertainment make it a primary country in which to market games. We believe that the Asia is set for several years of strong growth driven by advanced infrastructure, increased Internet access, and a population that, simply put, loves to play online games.''
About CYOP
CYOP is a developer and provider of online skill-games and services for the online entertainment and gaming industries. CrediPlay, CYOP's licensed application, is an online transaction platform that is based on charging a fee for each game of skill played over the Internet. CYOP's central games portal, http://www.skillarcade.com, features virtual sports games, puzzles, card games, action games, strategy, driving, racing and adventure games where people play popular skill games against other players and compete in tournaments to win real money prizes.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Exchange Act of 1934 and the provisions of the Private Securities Litigation Reform Act of 1995 and is subject to safe harbor created by these sections. Actual results may differ materially due to a number of risks, including, but not limited to, technological and operational challenges, needs for additional capital, changes in consumer preferences, legal risks associated with Internet gaming and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on software providers, URL providers, risks relating to international operations, and risks associated with competition. This document is not intended to be and is not an advertisement for any securities of the company.
Contact: Freeform Communications Inc. Scott Young (604) 682-4029 ir@cyop.org
For Affiliate Information: bizdev@cyop.org
-------------------------------------------------------------------------------- Source: CYOP Systems International Inc
posted
Nope, CYOS has no convertible debenture/dilution aspects whatsoever. Their float is 12 million, the outstanding shares are 142 million, mostly in the hands of insiders and insituitional investors. Posts: 28 | Registered: May 2004
| IP: Logged |
posted
subpennygirl, there is very little resistance in this stock. There is some at 0.04, but that's where the 200 DMA is. Once a stock breaks past the 200 DMA (in this case at around 0.04) its usually a very powerful breakout. For eg, UVCL last october, once it broke past the 200 DMA went from around 2 cents or so to 17 cents in one day! Basically watch for a breakout near 0.04. Posts: 95 | Registered: May 2004
| IP: Logged |
posted
ok virtualace, mr technical analysis, will watch out for the breakout after 0.04. do your charts tell you how high it can go? no "gut feeling" answers please.
Posts: 28 | Registered: May 2004
| IP: Logged |
posted
shaggy, I'll answer your question, but I hope you weren't being sarcastic, when you called me "mr technical analysis", your tone seemed a little rude. Do the charts tell me how high it will go? well, do the charts tell the future? NO of course not. How high do I THINK it will go? well, take a look at level 2's, take into account thefloat on CYOS. On Friday it traded between 2.5 cents and 3.7 cents on just 6 mill volume, not all of it buys. Im guessing this week, especially monday morning there will be a lot of buys, and 4 cents should be an easy target to hit very early. There is a little resistance at 4 cents, and thats werhe the 200 DMA is. When a stock hits the 200 DMA it goes into an explosive breakout. Case in point: UVCL last Sept. It went from around 2 cents to 17 cents in a single day, I believe it surpassed its 200 dma around 3 cents or so, i may not be exact but you get the point. So in the case of CYOS, i see a good chance of the 200 DMA being broken, and the stock breaking loose to 7 or 8 cents, either monday, or sometime during the week. I think CYOS's trading levels are gonna be high from now on. Does that answer your question? Posts: 95 | Registered: May 2004
| IP: Logged |
posted
oh and shagggy, I usually trade based on logic and technicals. I rarely trade off "gut feeling", and when i do, i dont tell other people to go by it. Why did you assume I would give you an answer based on gut feeling?
Posts: 95 | Registered: May 2004
| IP: Logged |
posted
hey virtual, i apologize, didn't mean to be sarcastic at all, was actually happy when i read what you wrote, thats all. Sorry if it sounded rude. and yes you did answer my question. Thanks Posts: 28 | Registered: May 2004
| IP: Logged |
posted
Virtual, can you tell me what you mean by DMA and 200. Thanks...
PS CYOS is going to blow up, the talk that is around the net about this stock is going to send it soaring monday. I am just hoping to get in below .032 Thanks for the DD all. Best of luck to all that are in? Anyone getting in monday?
posted
200 DMA means 200 day moving average. Stocks which break the 200 DMA end up having an explosive breakout. There is a whole theory behind this, which is too long to explain here at this late hour, but i would encourage you to go up and look at it on the net, google it or something
Posts: 95 | Registered: May 2004
| IP: Logged |
posted
My gut feeling says this might be a gapper in the morning. I'm not sure, but looking at the time and sales for Friday, it seems to me that the stock moves up on the littlest of buying pressure. I dont see how it could open at its previous closing price of 2.5 cents, 2.7, 3.0 is more likely. Posts: 35 | Registered: May 2004
| IP: Logged |
posted
and im saying all this coz i perceive a lot of interest in this across the internet. Trying to understand its movement so i can trade accordingly. Posts: 35 | Registered: May 2004
| IP: Logged |
posted
Navia, all i can tell you is that there is a strong possibility of it gapping open tomorrow. For eg I have my order in for between 0.025 and 0.03, as do a couple of others. I think the orders placed the night before might cause a pre market gap. I can see this gapping open to 0.03,0.032, but not more than that. Then its a matter of watching how the stock behaves. It reacts quickly and hard to buying and selling. Bear that in mind and trade likewise. Posts: 95 | Registered: May 2004
| IP: Logged |
posted
Good time to have found this pick. Its close to its low and can only go up from here. It's hard to find stocks that are close to the 200 DMA. UVCL, IVOC all exploded when they crossed the 200 DMA. I hope this does the same and explodes like crazy.
Posts: 34 | Registered: May 2004
| IP: Logged |
posted
Since I've played this in the past, here are some experiences i would like to share, especially for newbies:
- buying causes the ask to climb like crazy. Expect a gapper Monday morning. - Its already playing around thebollinger bands and as someone here pointed out, its near the DMA too. If there's a lot of action in the first half hour, CYOS will breakout at the end of the day. - It's been at 15 cents before, and some people say it will got that high, BUT I DOUBT IT, NOT TOMORROW AT LEAST. Expect more like 6-8 cents.
Thats just my opinion. Whoever seems to think it's going higher than 8 cents, good for them I hope it does. Maybe over a few days it might, you never know. I personally will sell at around 0.06, whenever it gets there.
posted
Good call on the .06, if we pass .0412 tomorrow its clear to .06 for 3rd level of resistance. I am hoping to get in at .032 which will be caused by the gap tomorrow because 2 major yahoo groups have this stock alerted to their massive groups. Bullishpenny and pennystocks have a lot of members and this stock if pressured will move hard and fast, so I am hoping to get in early for maximum gains. Best luck to all....lets go .06 or higher Posts: 87 | Registered: May 2004
| IP: Logged |
posted
2 things will make my situation ideal tomorrow: A) im able to exit CMKX, been holding to too long, hope it moves up a little tomorrow B) CYOS breaks out like discussed here.....8 cents would be nice. C) a couple of my other picks should do decently, let's see.
Posts: 52 | Registered: May 2004
| IP: Logged |
posted
if u can pick good stocks like CYOS, do good DD, setup a good forum and ur a shaggylicious female, then gimme ur number baby! might have a little party to celebrate CYOS profits, amongst other things!
Posts: 37 | Registered: May 2004
| IP: Logged |
posted
rocky11...first time im seeing someone trying to get lucky on a stock trading board! lol all the best, lemme know what she's like if it is a she Posts: 95 | Registered: May 2004
| IP: Logged |
posted
I think if CYOS hits 0.04, the MM's shoudl bescrambling to cover their shorts, causing a pop. basically between 0.03 to 0.04 is the squeeze, if we can get it to 0.04, we can get it to pop. All the best to all!
Posts: 35 | Registered: May 2004
| IP: Logged |
posted
Do not consider this bashing by any means to future CYOS investors, but I am going to warn you of the dangers of trading something with such a low float. Beware not to buy too high, because just as quickly this thing is going to rise, it is inevitably going to retrace because profit-takers have the potential of stopping runs because sales so greatly affect pps. Beware of chasing and don't jump in too high. Just a thought for the newbies reading this. JMHO GLTA
Posts: 575 | From: Orlando, FL, US | Registered: Jan 2004
| IP: Logged |
posted
Navia, good call - I TOTALLY agree that the resistance @ .04 is weak. I'm sure that with the MEGA buying going on last week through Friday, along with the 2 Yahoo groups with a combined 2900 members getting CYOS as their 'weekly pick', that this thing is gonna BLAST through that piddly .04 area, and I plan on getting in first thing Monday. Good luck to all here.
Posts: 323 | Registered: May 2004
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
))))
