The Bulls Aren't Done With This Small Cap Just Yet

By: Tomas Ronolski - AllPennyStocks.com News

Wednesday, November 3, 2021

For the second day in a row, it appears that a Virginia-based small cap is catching a bid in premarket trade. This move comes just one day after a massive gain on no news. In fact, the last bit of news from the company was on October 7th after they appointed industry veteran Brian Raymond as their Chief Technology Officer. Regardless of the lack of headlines as of late, there is certainly buying pressure for Sysorex Inc. (OTCQB:SYSX).

Sysorex Inc. provides information technology and telecommunications solutions and services to enable its customers to manage, protect, and monetize their enterprise assets whether on-premises, in the cloud or via mobile technology primarily in the United States. Its products and services are grouped into Professional Services and IT Solutions. Its products include third party hardware, software, and related maintenance and warranty products and services that it resells from brands such as Cisco, Hewlett Packard Enterprises, Microsoft, Dell, Samsung, Fujitsu, Panasonic, and Lexmark.

Traders appear to be bullish on the stock this morning as shares are currently bid up at $0.5501/share (+4.78% implied open for sellers) as we near the final 30 minutes before Wednesday’s regular session. This continued momentum is coming a day after Tuesday’s monster gain as shares closed up at $0.525/share (+94.44%).

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