Hypersolar, Inc. (OTCMKTS:HYSR) Survives- And Even Doubles Price
Hypersolar, Inc. (OTCMKTS:HYSR) is back on the gaining track, and the gains are even more dramatic. Instead of ending up in its usual depressed position, on Monday HYSR added a further 103% to $0.067, as buying nearly matched the record to reach dollar volumes of $8.96 million. HYSR has not mentioned any updates on its research or business- but a commentary article shed light on the ticker, calling it a “bubble stock”. Still, even a bubble stock could hold positive sides, at least in the short term.
HYSR is still not seeing paid or free email promotions, but a semi-critical article mentions that HYSR is in what is called a minor bubble of clean energy stocks. This also means that for this company, fundamentals and results may matter little, and the outside appeal and momentum of trading will be the major force behind the price movement.
Still, a reminder of the fundamentals of HYSR, as it continues its lab work on a project of doubly ecological hydrogen cells:
- cash: $57 thousand
- current assets: $62 thousand
- current liabilities: $1.8 million
- quarterly operating loss: $127 thousand
The Marketwatch article gives a rather long time horizon for the deflation of the currently hot sectors- up to a year in some cases. Yet in the case of HYSR, the very rapid rise looks even more worrying, as the ticker already had one deep daily cut, where it lost nearly half its value.
Investors’ forums see HYSR as mostly as source of chart-based growth, and by the active trading in the past few days. Still, the discussions are relatively inactive compared to other tickers.
Much riskier and choppier- but still looking like a climber, we have Quantum Materials, Corp.(OTCMKTS:QTMM), which was heavily promoted in 2013, reaching 10 cents. Now, the ticker has caught fire again and 2014 came with increased activity. QTMM doubled in the past month, from $0.035 to $0.07, but it has slid back recently, to $0.056.
Renewable energy in all forms also caused many runs in separate OTC tickers. One of the more recent movers, Solar 3D, Inc. (OTCMKTS:SLTD) manged to hold on to its $0.08 levels, after a sideways drift that continues for the past couple of trading weeks.
While HYSR surprisingly held on for one more day, the unusually high buying in the past days and the regular doubling in price also means that the upward trend may have worn out its potential rather quickly. Do your own due diligence of HYSR to discover whether the company has a true potential, or if it should be treated as a short-term opportunity.