New Alert: Low Float (CVST) Requires Immediate Attention This Morning
The markets are open, so take notice.
I spent the entire weekend combing the internet looking for a new low float profile with the potential to rock the markets' socks Tuesday.
What I've come across could be special as it appears to be flying under everyone's radar at the moment.
Here's why you should focus in again now.
Back on 4/29, I brought IDIG to your attention. That day, this profile rocketed to its 52-week high from an open of $.039 to a high of $.51.
When the dust settled, IDIG had surged an incredible 1,207% (approx.) intraday.
Prior to that, I delivered BSTO to your doorstep only to watch it erupt from an open of $.061 to a high of $.22 on 4/5.
After I found my way back to my chair after getting blown off it by BSTO, it had delivered a crazy run of approximately 260% intraday.
Not too shabby. But why am I bringing those ideas up?
Simple. They were both low float ideas I dropped right at the opening bell.
That's why I want you to get this profile pulled up immediately:
*Covista Communications, Inc. (CVST)*
Founded in 1983 and currently headquartered in Chattanooga, Tennessee, Covista Communications, Inc. is a competitive local exchange carrier (CLEC) that operated in 48 states as well as an FCC 214 international facilities-based carrier. The Company's redundant nationwide network architecture provided mission-critical voice and data applications to customers throughout the United States.
The Covista Communication product portfolio extended from traditional switched and dedicated telephone services to the most sophisticated voice and data solutions, hosted IP- PBX services, enhanced wireless services, data storage, and business continuity/disaster recovery services.
And right now, CVST needs to have your complete focus. Here's why.
This Is A Low Float Profile
According to the OTC Markets' website, CVST has a relatively low float.
The website reports this profile to have approximately 8.70Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility.
With so few shares available for trading, other potential catalysts could help to provide a spark towards a possible vertical move in the near-term.
Just Look At CVST's Chart History