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Micro-Cap of the Day; Bergio International Inc. (BRGO)

By Warren Paige

Shares of Bergio International Inc. (OTC: BRGO), a leading jeweler, are seeing a huge rally in trading today.

At last check, BRGO shares were trading 88.46% higher at $0.0049 on above average volume of 37.76 million. The stock has now gained more than 119% in the last three trading sessions.

Bergio International shares are soaring after the company today announced its first major partnership with a large U.S. retail chain with more than 140 stores worldwide.

Commenting on the development, Berge Abajian, CEO of Bergio International, said that BRGO has been working on this partnership for the past 6 months and the company will be launching the Bergio brand in more than 30 stores across the U.S. Abajian said that the initial confirmed order is approximately $600,000.

 

July 18th, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.