Dyadic International, Inc. (OTCMKTS:DYAI) On the Radar Again
Dyadic International, Inc. (OTCMKTS:DYAI) is a stock that could always be revisited, and always offer surprises. In the last two days, DYAI gained modestly, although on extremely high buying volumes. We have not visited this ticker since 2011, and it seems this year is strong, with DYAI hangin around the $2 levels and often breaking above.
DYAI trades without a market maker, and a warning hangs onto its OTC landing page, meaning that there may be difficulties in achieving timely deals.
The company is still not promoted via email, and the activity is choppy in general, allowing for significant risks. Still, at nearly $2, DYAI is strangely overpriced for a pink sheet company. But let’s see if this biofuel company has reached any financial goals since 2011. Working with biofuels has given DYAI the following:
- $4.1 million cash
- $11.9 million current assets
- $11 million total liabilities
- $15.6 million total revenue
- $1.3 million income for 2012
It is easily seen that despite the stock warnings, this is a cash cow business with solid foundations. Still, the stock movements are quite volatile, with significant short-term corrections. Still, there are no data with the SEC, as the company deregistered since 2009.
Unlike DYAI, most energy-related penny stocks of any form are still in development, and use the promises of oil or gas drilling merely as a bait for investors. The case of Origin Oil, Inc. (OTCMKTS:OOIL) is eloquent. The company was boosted by promotional emails, reaching heights of 63 cents, only to slide back more than 50%.
Tungsten Corp. (OTCMKTS:TUNG) is yet another active ticker, which rides only on preliminary promises of mining a rare mineral. But since the promotional heyday a few months back, all TUNG has achieved was to slide from $1.20 to 34 cents, despite the regular press releases and promotional emails.
DYAI will have to show where it is going in the next few days. It is best to decide for yourself what your preferred time frame is. But keep in mind that while DYAI has rewarded some long-term investors, there were periods of deep decline. It is best to stay away unless you can also absorb a negative trend.