Today CTYX broke through its 50 day moving average of $.0068 with conviction. Upon breaking that figure CTYX ran unabated to $.0011 before coming back down a few notches to close at $.0009. What does this all mean?
For one this stock has a lot more room to go to the upside. The next logical target is the 200 day moving average of $.00259. Anyone watching CTYX trade today knows that the 200DMA target is well within reach.
What does ConnectyX have going for it besides an attractive share structure and a newly formed uptrend?
Connectyx has developed a technology that could very well be used by military personal in the future, on top of their already growing consumer base. Their innovative product Medflash allows you to put Medical and Personal information on a small portable and durable device that can be read by emergency room technicians and doctors.
The company is ready to change the decades old army "dog tags" into Medflash Survivor. You might ask why can't any company come out with a USB flash drive to equip with military personal? They can't. Connectyx has secured the U.S. Trademark for MedFlash® which includes the protection of the MedFlash name, graphics and proprietary USB operating software. This protection includes International Cl.: 9 designation in class 9 (U.S. CLS. 21, 23, 26, 36 and 38). A registered trademark grants a bundle of exclusive rights upon the registered owner, including the right to exclusive use of the mark in relation to the products or services for which it is registered. The law in most jurisdictions also allows the owner of a registered trademark to prevent unauthorized use of the mark in relation to products or services which are identical or "colourfully" similar to the "registered" products or services, and in certain cases, prevent use in relation to entirely dissimilar products or services.
I think we can all agree trading penny stocks is all about the what if's, the possibilities. What if CTYX secured a contract with the United States Military to supply all of its men and woman with the Medflash Survivor? It seems like a logical progression from 'dog tags'. If that were to happen CTYX would surge well over a penny and possibly more. You are looking at potentially hundreds of millions of dollars in annual revenue. At this stage it is speculation, but it is something to consider none the less.
Also let's not forget Medflash's other practical purposes. It provides patients a quick and effective way of sharing all their medical information with doctors. The value is there and proven.
The stock price, however, is not reflecting that value. I think over the next few weeks and months, the stock price will begin to represent a company with an innovative product. A product that could be in high demand in the years ahead.
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5 comments:
Nice posting. Its very useful
thanks
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Its very useful article. I like it
Thanks
Penny Stocks Information
What do you think of YRCW? Could be multi-bagger from here.
Thank you
I suggested this back in December, this is the E-mail I sent to Ronn the CEO. He didn't comment on it in E-mail, but when I met with him in person, he said, "Not happening". I hope things have changed since then.
Time Stamp: 12/24/2009 1:24:27 PM
Name: Eric
Subject: Just a Hello.
Message: I'm one of your newest shareholders and just wanted to say Hello. I didn't realize it until after I bought some shares that we are neighbors. I'm in Port Saint Lucie, and I now see you are in Palm City. Would it possible for me to stop in one day and pay you a visit so I might learn more about this interesting little company? Also, I'm sure you thought of this already, but if not, this would be a perfect product for every enlisted man/woman in the military, it should be standard issue along with a set of dog tags, just my thought. Heck if you were in need of a person to get out there and promote it, I'd be glad to be that person. Happy Holidays and I look forward to a bright future with this investment I just made. Regards, Eric
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