Alternet Systems Inc. (ALYI.PK)

Alternet Systems Inc is Florida-based company whose business is Services-Prepackaged Software. Its shares are traded under the stock symbols ALYI.PK and ALYI.OB on the Pink Sheets and the OTCBB, respectively. There are extra risks associated with investing in Pink Sheet stocks. There is generally a fairer market when a company is listed on two exchanges.

The share price of the company reached $0.17 on Jan 5, 2009. The company's share price is 73.85 % lower than its 52 week high of $0.65 at present. Only experienced investors should consider this stock due to its low price. This stock is in the middle of its trading range. It hasn't yet formed clear signs to support the current price movement beyond this point. The stock trades at insufficient volume, thereby making it subject to possible market manipulation.

The company issued some news recently. Alternet Systems Inc said that " Alternet Systems, Inc.'s Transtech de Guatemala, S.A. Hosts Association of Urban Buses of the City of Guatemala on Chinese Trade Mission " in a press release on Dec 05, 2008. We found this news particularly timely, but we are not sure how this will affect the share price.