Shares of MyDx Inc. (OTCMKTS:MYDX) are flying high on the OTC today.
Market Action
As of 3:10 MYDX shares are trading at .0011 up .003 for a gain of 37% Volume is 1.3 Billion shares almost 20 times its 30 day average volume of 70 million. Trading opened the day at .0008 and ran to a high of .0015.
Interest has been heavy as many traders remember the run from earlier this year. In February MYDX went from .0007 to .0035 an impressive 400% run. Today’s action looks a lot like the beginning of the last move. Yesterday shares of NYDX were trading in the .0005-.0007 range the same area the last breakout started.
MYDX is currently listed on its OTC Markets profile page with a stop sign warning investors that the company is delinquent in its filings but that has done little to slow down investors looking to pile on.
There was a release out today stating that the company is transfer agent verified by OTC markets but we could not confirm if this was a recent development or not.
Traders that can tolerate the risk may want to put MYDX on their watchlist to see if there is a repeat of the February run.