*** New Alert Tonight – CIST Update ***

Categorized | Stock Newsletters

* New Alert Tonight – CIST Update *

Posted on 04 March 2010 by admin

Good afternoon guys. Well today CIST was...interesting. It definitely had an extremely strong start to the day and a horrible ending. It briefly danced with being as high as 44 cents, a gain of over 29%. It mostly traded in the 34 to 38 cent range for most of the day, which was a nice price improvement over yesterday and it was looking great. Volume was OVER ONE MILLION SHARES TODAY!! It looked fantastic...and then the profit takers came in. Can't blame them. Some people bought into CIST's last dip a few days ago maybe around the 25 cent range, so the urge to cash in at 35 cents or in that range must've been pretty strong. Once they saw we kept up the high price for the majority of the day and had a lot of volume, they started selling hard and brought us down. They brought us down about 10% and then at the last second some more trades came in pushing us down over 16%.

So it was a roller coaster ride today, we were way up and way down. Some of the daytraders emailed me saying they did catch some profits in the morning, which is good...but not exactly what I was expecting. I'm not going to write this one up as a loser just yet. Last time we had one close down 10% I called it a loser, but I'm not going to do it on this one. CIST just came out with fresh news today. It seems like they're coming out with brand new news very frequently, which is always a very good sign.

http://finance.yahoo.com/news/CitySide-Tickets-Inc-bw-2528653486.html?x=0

Also, I've talked to some of my newsletter cohorts and they are planning on covering CIST too. Some of them have already covered CIST, so we weren't first in the door on this one. However, some heavy hitters are still very interested in CIST and we should see some very positive price movement taking place in the near future. Sorry about today though, strong start...weak finish.

Anyway, last time I sent out a pick that closed the day down, I made it up to you with three back to back winners. I think CIST IS a winner, or at least it will be. However, I still intend to give you guys something very strong tonight to make sure I keep up my strong track record. There will be a new alert later tonight and it should be very good. Keep your eyes on your inboxes, it'll be coming out a little later....

Until Then,

The Trader

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