UNDR – Undersea Recovery Corporation

UnderSea Recovery Corporation UNDR

UNDR was added to our pre-market radar this morning after Friday’s volume explosion raised more than a few eyebrows. We like to add stocks to our tickers when we see high volatility, and rapidly increasing volume.

It has been awhile since we’ve come across a triple-0 stock that we felt was worthy of adding to our watchlist.

After gapping up to .0009 from Friday’s .0007 close, UNDR made an intraday move to .0017. That represents an 89% gain from today’s open, and 142% from Friday’s close.

Currently UNDR has traded almost 4x its 10-day average volume, and looks like it wants to test new highs as we head into the close. We’re going to reserve a spot on our tickers for UNDR as this wave of activity continues.