(CYLC) This New Low Float (1.45Mn Shares) Stock Profile Displays Striking Bounce Potential
Get CYLC On Your Radar For Wednesday's Trading Session
Here's one new stock idea that you should get on your radar right this moment:
> County Line Energy Corp. (CYLC) <
County Line Energy Corp. (OTC: CYLC) is engaged in the business of managing ecosystems to ensure optimal growth of “greens.” Indoor, outdoor, controlled, non-controlled ecosystems are our specialty. Our proprietary algorithms and software ensure optimal growth conditions.
CYLC, through its wholly-owned operating subsidiary D5 Partners, Inc., is the developer and distributor of the Grow Box 5000 family of self-contained, fully automated, and expandable smart hydroponics systems for use in growing plants and vegetables.
At this moment, there are a handful of potential catalysts that could fuel this stock for a big-time bounce. Check them out:
#1 Potential Catalyst For CYLC - Low Float Share Structure
According to the OTC Markets website, this stock has a float in 1.4Mn share range.
1.4Mn shares is tiny, tiny, tiny...
What does that mean? A low float stock is one with a relatively low number of shares available for trading.
Stocks with a low float and low market-cap (under approximately $700K - Yahoo Finance) tend to be volatile, and can make huge moves to the upside very quickly if they have a positive catalyst.
Like all of my triple-digit champs in recent memory, they were all stocks with floats of a small nature allowing them the potential to spike short-term.
#2 Potential Catalyst For CYLC - E-Commerce Update
County Line Energy Corp. (OTC:CYLC) E-Commerce Site Now Active
Santa Ana, CA, Feb. 06, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- County Line Energy Corp. (“County Line” or the “Company”) (OTC: CYLC) is pleased to announce the completed integration of ecommerce to the main website, www.growboxecosystem.com pursuant to our News Release of December 02, 2019. Customers interested in purchasing the Alpha unit may do so using direct wire or paypal.
Read the full article here.
This is major news as it will instantly tell the company how much interest there is in their product.
The slightest bit of more news along these lines or positive chart movement could bring some serious attention to CYLC.
#3 Potential Catalyst For CYLC: Oversold Technicals + Chart
Here is the 3-month chart on CYLC. You can see that the stock is currently trading towards its 3-month lows. This could be positive news for a potentially healthy reversal back up the charts.