A California-based technology firm is seeing its shares bid up in pre-market activity on Wednesday following a monstrous rally the day before. While on no news, it appears that traders are eager to get their hands on shares of SunHydrogen Inc. (OTCPK:HYSR).
SunHydrogen is engaged in developing a novel solar-powered nanoparticle system that mimics photosynthesis to separate hydrogen from water. The company serves transportation, power generation, industrial energy, building heat and power and other markets.
Traders seem to be skewed to the bullish side of things as shares are currently bid up at $0.0645/share (+1.42% implied open for sellers). While this implied move isn’t anything to write home about necessarily, the fact that the stock closed up at $0.0636/share (+15.64%) during yesterday’s session suggests that this could be an intermediate bull run.
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