Custom Designed Compressor Systems, Inc. (OTCMKTS:CPYJ) is making a notable move in Wednesday’s trading session as the stock is witnessing a 4-digit rally on very unusual volume.
So wondering what’s driving the stock crazy today? Well, there seems to be no news for such a big jump. However, the stock has traded more than 1.53 million shares with 3 hours of trade are still left, compared to its average volume of 79K shares.
At the time of writing, CPYJ stock is up 1128% to $0.043, well off the session high of $0.099.
Penny stocks often make a big moves without news and CPYJ is not an exception. So remember penny stocks are very tough to play and carry big risk. So in case you are planning to trade CPYG be careful considering today’s volatility in absence of news.
Custom Designed Compressor Systems, Inc., also known as CDC Systems, Inc., engages in manufacturing, leasing, and selling natural gas compressors to the oil and gas industry. The company was founded in 2004 and is headquartered in Bloomfield, New Mexico.
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