3D Eye Solutions, Inc. (OTCMKTS:TDEY) With a Good Jump
After 3D Eye Solutions, Inc. (OTCMKTS:TDEY) lost half of its value on September 26 it hasn’t managed to recover. Yesterday’s session, however, went extremely well for the ticker as it recorded a very good percentile gain in price, while being vigorously traded.
The session started off quietly with its price moving in a seemingly straight line and few trades until noon, when everything changed. The price suddenly started going up and trades intensified. The rest of the session went in a similar manner.
TDEY‘s stock reached as high as $0.0054 at some point, but fell a bit lower to close the session 44.74% up from the pervious day at $0.0054. The total amount of traded shares came to a massive 116 million and was “responsible” for the $583 thousand registered in trade value.
The session owed its success to the recent optimistic press release, which was supposed to encourage investors by informing them that TDEY is working hard to obtain content for a live 3DTV network and is negotiating with “major 3D studios from Europe, Australia and Hollywood”.
Today’ session, however, isn’t going so well, as the ticker has already lost 14.55% from its value on a volume of 21 million shares with a current price of $0.0047 per share. Another thing that we are curious about is how are they going to finance a possible future deal when they have these numbers as of June 30.
- cash: $0
- total current assets: $81 thousand
- total current liabilities: $800 thousand
- total liabilities: $2.2 million
- revenue: $0
- net loss: $169 thousand
Furthermore, as we talked in several of our previous articles their App 3DTV that is available on Android and Amazon devices isn’t having the success that TDEY want you to believe it has, registering in the 10-50 downloads category in the Google Play, Android store.
All in all TDEY is a risky investment choice and we expect it to sway in both directions, so be sure to do a lot of due diligence and weigh out the risks if you have you mind set on investing in them.
On the other hand it seems that no one can take the place of Globalstar, Inc. (OTCMKTS:GSAT) as a regular in our top 15 of OTC stocks with highest trade value. The ticker is doing well, registering $12.38 million on a 10% gain, while still gathering momentum in an upward direction.
One of the biggest surprises yesterday, however, was the stock of Patriot Scientific Corporation (OTCMKTS:PTSC), who gained a whopping 62% and registering a dollar volume of a little over $ 1million.