FILTRIX Logo FILTRIX Find Your Edge →
← All insights

$YMAT — what the base rate says

$YMAT — what the base rate says

Houston does not have a J-Star drone frame factory. The 4:05 PM ET release does not claim one either. It "highlights capital initiatives to fund planned U.S. expansion for drone frame manufacturing."

Read the verbs: highlights, fund, planned. None of them is built, opened or shipped.

$YMAT is +107.75% after hours. The float is about 3M shares and the market cap about $14M. The headline gives no dollar size for those capital initiatives, no timeline and no source for the money. It describes how a plan would be paid for. It does not describe a production line.

The stock's own record is a coin flip. On the 13 prior sessions where YMAT opened at least 5% higher, it closed below that session's open 54% of the time, with a median of -0.95%. Tonight's print is an after-hours move, not an opening gap, and Monday's open has not happened yet.

Then put the phone face down until Monday.

What the data showed

  • $DKI -24.59% Darkiris Inc. mcap $7M · float 540,000 shares
  • $WFF -20.26% WF Holding Limited mcap $10M · float 4M shares
  • $SXTC -19.30% China SXT Pharmaceuticals, Inc. mcap $7M · float 1M shares
  • $QETA -18.71% Quetta Acquisition Corporation mcap $44M · sector: BLANK CHECKS
  • $NXGL -14.43% NEXGEL, Inc. mcap $2M · float 9M shares · sector: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
  • $ARAI -12.92% Arrive AI Inc. mcap $10M · float 25M shares · sector: SERVICES-TO DWELLINGS & OTHER BUILDINGS
  • $REED -12.52% Reed's, Inc. mcap $8M · float 7M shares · sector: BOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS
  • $JZ -12.50% Jianzhi Education Technology Group Company Limited mcap $35M · float 13M shares
  • $PLUT -10.63% Plutus Financial Group Limited mcap $39M
  • $AHG -9.60% Akso Health Group mcap $1.8B · float 854M shares

Pull YMAT's 13 prior gap-up sessions on FILTRIX.net and look at how each one closed against its open. Then decide what the word "planned" is worth to you.

Find Your Edge on FILTRIX →