$POND - 25% Breakout
What a morning for $POND!! Up 25% (as of post) at $0.75 with volume already at 2x the 3 month average within the first 2 hours of trading. The push up is most likely due to the sudden increase in volume this morning (Could be a big buyer moving into the stock.)
$POND is a company that utilizes algae in bioreactors that connect to smokestacks to consume greenhouse gases creating a green solution to emissions produced by factories. By controlling the growing environment with high levels of CO2 emissions, $POND is able to efficiently grow algae which can be used in all sorts of products such as bioplastics, proteins, and medicine.
Climate change and a movement towards a zero-emission future must use some form of plant to convert GHG to O2 and nothing grows more efficiently than algae. $POND could be the future if they continue to execute their plans. Might buy some on the next dip, but for now, I’m enjoying the 25% gain today