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Micro-Day of the Day; Titan Energy Worldwide Inc. (TEWI)

By Warren Paige

Shares of Titan Energy Worldwide Inc. (PINK: TEWI), a provider of onsite power generation, energy management and energy efficiency products and services, are seeing a huge rally in trading today.

At last check, TEWI shares were trading 162.50% higher at $0.0210 on above average volume of 19.34 million.

Titan Energy Worldwide this week announced the expansion of its service offerings. TEWI said that it would now offer sales and servicing of Uninterruptible Power Supply (UPS) systems and batteries. The UPS market, which is estimated at $7 billion in the U.S. alone, is expected to grow at a robust pace. The drivers for growth in the UPS market will be the growing need to protect computers, communications systems, data servers and other sensitive electronic devices from electrical grid instability downtime.

Jeffrey Flannery, CEO of Titan Energy Worldwide, said that with the addition of UPS business, TEWI has become a complete onsite power sales and service company.

 

July 20th, 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.

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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.