From the archive. This pick came before our first emailed issue. We wrote it on Nov 3, 2026 from sources published around that day, with the same checks as every issue. It isn't part of the track record.
The pick
Stablecoin Development Corporation (SDEV) had the biggest jump in trading volume compared with its usual level on October 2, 2026. Volume was 11.9x its 30-day average, and the stock rose 104.37%.
What happened
We couldn't find a clear reason for the move in company filings or news.
The company did address unusual trading in its stock. In an 8-K filed September 29, 2026, it said it became aware of unusual trading activity in its common stock on the NYSE American that day. It made the statement under Section 401(d) of the NYSE American Company Guide.
The company said it made inquiries and does not believe corrective actions are appropriate. It said it is not aware of any material non-public information, or of any pending transaction involving the company, its stockholders, directors or officers, that could be causing the trading activity.
The company also said there has been no material development in its business and affairs that it has not previously disclosed. It said it knows of no other reason to account for the unusual market action. That filing came a few days before the October 2 move covered here.
Source: [SEC filing]
The numbers
- Previous close: $3.66
- Close: $7.48
- Change: +104.37%
- Volume: 153,283,940
- 30-day average volume: 12,877,404
- Volume multiple: 11.9x
- Behind the move: an SEC filing
What happened next
Measured from this day's close. Shown for every pick, good or bad. See the full track record.