ALYI Signals BULLISH at $0.005 On Crypto Research Report With $0.09 Target

Date : 12/05/2019 @ 4:16PM
Source :InvestorsHub NewsWire
Stock : Alternet Systems Inc New (PK) (ALYI)
Quote : 0.0018  0.0 (0.00%) @ 9:29PM
Alternet Systems (PK) share price Chart

ALYI Signals BULLISH at $0.005 On Crypto Research Report With $0.09 Target

ALYI Signals BULLISH at $0.005 On Crypto Research Report With $0.09 Target
 


New York, NY -- December 5, 2019 -- InvestorsHub NewsWire -- via www.nextbigticker.com -- Alternet Systems (ALYI) today announced a Goldman Small Cap Research report with initial results from a survey conducted to validate and provide guidance on ALYI’s African Crypto Strategy.  Goldman concluded its report with a reiterated Speculative BUY and $0.09 Target.  As of the writing of this article, ALYI is trading at $0.005.  BullishInvestor.com and Americanbulls.com are both reporting that ALYI is trending BULLISH. 
AmericanBulls.com reports, “The bulls are strong. The negative sentiment that led to the last bearish pattern has evaporated.” 

Goldman Small Cap Research reports, “Crypto has a mixed but generally positive sentiment among our respondents. It leapt higher when informed of the Twitter/Square CEO’s move to Africa for 6 months and the huge opportunity digital currencies in Africa represent. Plus, there was meaningful potential interest in participating in an Initial Coin Offering (ICO) by ALYI and its partner to fund its prospective $300M electric vehicle project. Clearly, this is a huge positive for ALYI and prompts us to reiterate our $0.09 price target. Full survey results will be published in late December.”

ALYI is developing $300 million in electric vehicle projects in Africa targeting the shared ride market.  The company has signed orders to produce in Africa, electric motorcycles with a side car initially for shared ride providers in Kenya.  The company successfully passed an electric motorcycle prototype testing milestone recently and anticipates having its production design pilot motorcycle completed any day.  ALYI has also recently announced a $100 million cryptocurrency investment strategy targeted at expanding beyond the company’s existing $300 million in electric vehicle projects in Africa.
Other stocks verging on a breakout include Allied Security Innovations (ADSV), Arista Financial Corp (ARST), and Cloud Commerce (CLWD).

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Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Source: www.nextbigticker.com

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