CCTYQ.pk Circuit City
Pick price: .0055
Circuit City over the last 4 trading days has dropped roughly 85%;
and over the last 2 weeks has dropped at least 97%.
CCTYQ began to show signs late Friday of a possible short term
bounce. CCTYQ closed at .0055 on Friday. CCTYQ traded at .037 on
Tuesday January 20th. And was trading as high as .47 during the
previous weeks.
Circuit City announced on January 16th that it was liquidating and
closing all of its 567 stores by the end of March. Thus the reason
for the massive sell-off.
In the opinion of "Pennies to Dollars" CCTYQ has sold off so much in
the last week that it is primed for a sizable bounce.
We want to note that CCTYQ is a high risk stock pick. Therefore IF
you choose to play CCTYQ; choose your entry/exit points carefully.
CCTYQ is a VERY SHORT-TERM play only; and in NO way is to be
considered as an investment.
Information provided in this profile/update is the express opinion
of "Pennies to Dollars".
We ask that our members and anyone that views our stock profiles,
updates, and forums always do their own due diligence BEFORE
investing money in any stock mentioned on or picked by "Pennies to
Dollars" or any of our affiliated stock forums.
Disclaimer: We own shares of CCTYQ and other stocks that we buy and
sell for profit. "Pennies to Dollars" and its affiliates have not
received any type of compensation from CCTYQ or any other third party
in exchange for this stock profile/update.
Our full disclaimer is available for viewing at:
http://Pennies-to-Dollars.com/DISCLAIMER
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imo
pennystocks_rule
Administrator