Reviews

2014 Review of Online Brokers
Investors Business Daily
Top 20 Baby Boomer Sites
«  
  »
Bookmark and Share

Micro-Cap of the Day; Marine Drive Mobile Corp. (MDMC)

By Warren Paige

Shares of Marine Drive Mobile Corp. (OTC: MDMC), a company engaged in the development of transactional mobile commerce applications and services, are soaring in early trading today.

At last check, MDMC shares were up 47.67% to $0.221 in early trading today. Despite today’s gains, MDMC shares have fallen more than 23% in the last three trading sessions.

MDMC’s rally could be due to some stock promotion activity as the company has not made any major announcement in the recent past.

According to a filing made by Marine Drive Mobile back in May, the company incurred a net loss of $1.55 million for the six-month period ended March 31, 2012, compared to a net loss of $8,066 reported for the six-month period ended March 31, 2011.

At the end of March 31, 2012, MDMC had cash of $64,931 on its balance sheet.

 

July 23rd, 2012 | Tags: | Category: Hot MicroCaps

Enter your email address and receive this feed daily:

Delivered daily by FeedBurner

------------------------------------------------------------------------------------------------------------------------
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.

No comments


Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


-------------------------------------------------------------------------------------------------------------------------
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.