ALYI Bouncing On Volume Looking Ready To Run After Recent Neary 300% Gain And 50% Pullback
24 Setembro 2019 - 4:00PM
InvestorsHub NewsWire
ALYI Bouncing On Volume Looking
Ready To Run After Recent Neary 300% Gain And 50% Pullback
New York, NY --
September 24, 2019 -- InvestorsHub NewsWire --
via www.nextbigticker.com -- Alternet Systems
(USOTC:
ALYI) recent is bouncing today after a recent run from $0.005
to $0.013 followed by a pullback. Now the stock looks ready
to run again. Volume is up over 20 million shares for the day
so far and the PPS is testing $0.01 again. Trading is signaling
BULLISH. The 52-week high is nearly $0.07
and the company has a recent Research Analyst Report recommending
$0.09.
ALYI recently
confirmed plans to extend its $300 million electric motorcycle
manufacturing initiative in Africa with the subsequent production
of electric delivery vehicles. ALYI recently announced a
partnership with Nouveau (USOTC:
NOUV) to develop a prototype car body material from hemp
fiber. ALYI’s electric delivery vehicle plans call for a
vehicle produced from hemp fiber utilizing a hemp battery.
NOUV is a new hemp cultivation company with a strategic focus on
developing innovative industrial uses for hemp. NOUV is
already working with ALYI to provide material for ALYI’s hemp
battery developments. NOUV also works with Kali-Extracts
(USOTC:
KALY) toward the development of proprietary
cultivars.
Today ALYI highlighted
Amazon’s (AMZN)
recent order of 100,000 electric delivery vans. ALYI had
previously launched its own initiative to build electric delivery
vans constructed from hemp fiber prior to Amazon’s recent
announcement. ALYI management considers Amazon’s electric
delivery van direction a validation of ALYI’s strategy. The
difference being that ALYI’s electric delivery van is being
developed for the rugged, rural delivery environment in
Africa.
ALYI Speculative Buy
Recommendation and $0.09 Price
Target
Goldman Small Cap
Research recently interviewed ALYI CEO Randell Torno with the CEO
of the Africa Development Organization, Libasse Diop Dia.
ALYI’s $300 million electric vehicle (EV) initiative in Africa is
higlighted in the podcast. The podcast interview of the two
CEOs can be found on the Goldman Small Cap Research website with an
updated Analyst Research Report reiterating Goldman’s previous
investment recommendations for ALYI.
Podcast Interview Takeaway: ALYI Offers
Even Greater Upside than Originally
Anticipated
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