3D Eye Solutions, Inc. (OTCMKTS:TDEY) Peaks on Product Launch News
If you have a taste for risk, the stock of 3D Eye Solutions, Inc. (OTCMKTS:TDEY) is both very accessible and very active, making a well-defined trend, a rarity for a double-zero stock. TDEY is the rare sub-penny company that is gaining a strong and stable appeal with investors, rising steadily for more than a month.
TDEY added more than 14% on Monday, reaching $0.0086, on dollar volumes above $748,000. And the reason behind the interest is obvious- a series of press releases touting the company’s products. The latest one, a specialized mobile app that also gives away 3D glasses with each subscription, is a very likely reason for Monday’s climb.
And to this is added the Penny Stock G email, the first promotional effort since the end of July. The promoter took up TDEY for an unknown compensation, probably for free as a way to ride the momentum and boost the past record of selections. Now, TDEY has to show if it can sustain those prices, or if it would wipe out value.
TDEY chose a cheeky way to promote itself, tying up its app launch with the premier weekend of the movie “Gravity”, a leader at the box office. Except for the 3D, the two events are hardly related, and represent nothing but empty puffery. And whether or not viewers love 3D television, TDEY‘s shares can outrun any market trend, being so very easily bought and sold.
Not even TDEY is the riskiest sub-penny right now. As we warned, Ecolocap Solutions, Inc. (OTCMKTS:ECOS) was a disaster in the making. The ticker went up six times, but is now on its way to shed 50% of its value and return to almost nothing, as Monday’s close was at $0.0007.
Latteno Foods, Inc. (OTCMKTS:LATF) tried and failed to make a trend, hovering at the threshold of $0.001. This is another relatively smooth-moving double-zero selection, which nevertheless suffers whenever the publicity goes quiet.
While no price level guarantees stability, sub-penny selections have a built-in warning. Stay away from TDEY unless you can afford a reversal of fortunes, which could come at any moment. New emails could continue the trend, but so far, TDEY has shown the stock is very dependent on publicity and a lack of news and noise could easily lead to a fallout in the stock price.