3D Eye Solutions, Inc. (OTCMKTS:TDEY) Aims for Penny Levels
Sometimes, a sub-penny stock will take center stage for longer. This is the case of 3D Eye Solutions, Inc. (OTCMKTS:TDEY), which is already running up toward the 1-cent level on a surprisingly smooth upward leg.
On Wednesday, the ticker added nearly 30% to $0.0097, on dollar volumes above $400,000. While the chart shows buying and selling alternate, so far the pressure is upward as the company reminds of itself through press releases and is still accessible enough. More than 80 million shares are traded each day in the past weeks.
TDEY will possibly continue the climb, as it started the day with a pre-market press release outlining the future software sales for the company. TDEY partnered with iPoint TV for content distribution of rare horror and science fiction movies. The applications are already available over the Amazon.com app store, and also for Android users.
TDEY is also carried on the wings of an October 21st promotional email from Penny Stock G, and this may be the only mention for a while. Investors’ forums also mention a Stock Aviator alert, and there is strong indication that TDEY still remains a choice for day traders.
Another recent double-zero selection, Trans Global Group, Inc. (OTCMKTS:TGGI), sank into negligible volumes after peaking out and falling back again.
MyECheck, Inc. (OTCMKTS:MYEC) is another double-zero that exhibits a strange stability around $0.002, marking an extremely successful day of buying on Tuesday.
TDEY could be counted toward the technological stock sector, which is also among the most active, with or without a promotion. While the company is running up smooth, its peak levels may at any moment invite selling. Unless you are attracted to the company to wait for its potential to show, avoid investing sums that you cannot afford to lose in whole or in part.
Investors’ forums are torn between opinions that TDEY is a scam, and a theory that a push above the 1-cent levels could create a bigger run. And there were criticisms against TDEY, stating that its 3D eyeglasses were already a thing of the past.
Still, the stock has proven that it can react well to publicity and emails, and now we have to see how it would react if those efforts slacken.