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Micro-Cap of the Day; SUTIMCo International Inc. (SUTI)

By Warren Paige

Shares of SUTIMCo International Inc. (PINK: SUTI), a multi-project business development company engaged in the planning, launch, development and growth of new technology companies from patented university innovation, are seeing a huge rally in today’s trading.

At last check, SUTI shares were trading 189.47% higher at $0.0220 on above average volume of 19.61 million.

SUTIMCo’s gains could be due to some stock promotion activity as there is no recent news or development related to the company.

According to a filing made by SUTI in May, the company had total revenue of $465,000 for the three-month period ended March 30, 2012. Operating income for the quarter ended March 30, 2012 was $241,000, compared to an operating loss of $407,000 reported for the same period in 2011.

Net income for the three-month period ended March 30, 2012 was $235,000, compared to $415,000 reported for the same period in 2011.

July 24th, 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.