CHINA YOUTV CORP (CYTV.OB) Popping!
This over the counter penny stock has been receiving a lot of interest in the past few days. Unfortunately, there is not much information about the company aside from the few press releases. CYTV.OB skyrocketed with recent news that they have signed an agreement with a major Media company is China to become the Youtube.com of China.
whoa! 
0.80 (47.90%) as of today (3/21/07).
In the last 5 days, this stock has gone from less than a $1 per share to $1.50. We are not sure what to think at this point. This is purely a speculative play. The potential is huge if things work out. However, if it doesn’t, this stock could head back down quickly. At this level, we are hesitant to buy given the recent appreciation.
In our view, if one were in the mood for a risky play, this stock would offer some excitement. If it were to fall back near the $1 range, we might buy some just for fun.
CYTV.OB closed 0.45 (36.89%) today. Somebody got rich!
Comments
I agree and will again buy in a few days when it hits 1$ then hold onto it until it really catchs on, maybe a few months or so... currently $1.35
Posted by: Bboop | March 26, 2007 11:14 PM