Being right almost all the time when it comes to picking penny stocks is a humbling position to be in, but when you give traders a chance to make 775% in just over 2 weeks, well, let’s just say it’s a good feeling. That was the chance many followers capitalized on when they took our advice to grab hold of some HyperSolar, Inc. (HYSR) when it was trading at just 0.004 from our alert, seeing as how a repeat run from August and return to 0.02 was looking rather imminent. With today’s news that the renewable hydrogen technology developers are strongly encouraged by recent commitments of Fortune 500 companies to use hydrogen fuel cells, well even the few who got in HYSR stock at 0.006 this morning have a bit to brag about.
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HYSR Stock Quote
Market Cap: 8.19M
Last: 0.033 ▲ 0.279 (547.06)
Dollar Volume: $1,264,274
Issued and Outstanding: 248,123,318
14-Day Rel Strength: 93.09%
1st Resistance Point: 0.0421
1st Support Level: 0.0127
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You can read here why we liked HYSR so much when it was at 0.004 because, even though today’s PR had no indication of any Fortune 500 company knocking on Hypersolar’s doors, the bounce play was due to see this type of reaction when it did happen.
The PR really only mentioned how last week, Walmart (MYSE:WMT), the world’s biggest retailer, announced it had ordered an additional 1,738 GenDrive cells from Plug Power (NASDAQ:PLUG) to be used in lift trucks at their six North American distribution centers. It went on to discuss how, in January of this year, both Sprint (NYSE:S) and FedEx (NYSE:FDX) announced they were increasing their use of fuel cell technology with Sprint replacing diesel generators by deploying hydrogen fuel cell technology as backup power to rooftop network sites and FedEx ordering from Plug Power Fuel Cell Extenders to increase the range of their fleet of electric delivery trucks.
The similar comparison to what Hypersolar is trying to achieve was the perfect stage for Tim Young, CEO of HyperSolar, to take the opportunity to comment on the growth in the sector. Young stated:
“Today, the feedstock to produce hydrogen for all these commercial applications is natural gas. While natural gas is plentiful, the supply is not infinite and it certainly isn’t renewable. Also, there is a distribution problem that must be solved. At HyperSolar, our goal is to use our proprietary technology to produce renewable hydrogen at or near the point of distribution or deployment.”
The supply-demand distinction was all that was needed to send HYSR soaring toward the sun.
About HYSR Stock
Hypersolar, Inc. is a development stage company focused on their novel solar-powered nanoparticle system that mimics photosynthesis to separate hydrogen from water.
Click here to view the SEC filings for HYSR.
Click here to view the website for Hypersolar.
Last 5 Trading Sessions:
Traders that spent the last few weeks emailing in to ask our opinion and accumulated shares of HYSR under 0.005 are the real winners in penny stock land today. We told you HYSR was going to run again. Shoulda, woulda, coulda.
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