Brazilian interactive design company YDreams (YD.V) jumped 23% today (at the time of writing) from $0.365 to $0.45, it’s highest point since going public earlier this year.

The jump came on no news (much to my annoyance – I wish this company would start announcing some of its deals instead of working in silence), and rather unexpectedly.

Why the big jump? Simply put, there’s no stock out there on the ask.

ydreamschart

It won’t take much buying for that thing to spring, and I still dig the tech and people who make it go.

In fact, it’s about 10k of buying away from a double – of course, the other side of that is it’s $1 of selling away from reverting to a flat day.

Life on the pennies.

— Chris Parry

FULL DISCLOSURE: I own YD stock.

 

Written By:

Chris Parry

A multi-Webster Award winner for excellence in BC journalism, Parry is the founder and publisher of Equity.Guru, which he built with the specific plan to blend old school reporting with stock promotion, in a way that puts the emphasis on truth, high standards, and ethics. Parry is a veteran of TV, radio, and print, and consults with public companies to help them figure out their storylines, lay down achievable milestones, and improve their communication with shareholders, while also posting regular deep dive analysis of companies in the public spotlight.

More By This Author
Tags:
Augmented Reality/VR
Parry
Software
Technology
interactivity
software
YD.V
Ydreams
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x