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Micro-Cap on the Move; DoMark International Inc. (DOMK)

By Warren Paige

DoMark International Inc. (OTC: DOMK) shares rose sharply on Thursday, extending their gains in the last three trading sessions as the company reported some positive development related to its Solapad product.

DOMK shares rose to an intra-day high of $1.70 on Thursday before settling lower. The stock ended the day 19.17% higher at $1.43 on above average volume of 3.15 million. It is now up 47.42% in the last three trading sessions.

The rally in DOMK shares on Thursday was sparked after the company announced that preorders for its new Solapad product are exceeding the first production schedule. Solapad is an ever-charging solar and battery system that is compatible with all versions of the iPad.

Earlier this week, DoMark’s wholly-owned subsidiary, Solawerks, disclosed that sales of its Solacase product are exceeding management expectations. Solacase is an ever-charging solar and battery system that fits all version of the iPhone.

Currently, Michael Franklin, CEO of DoMark International, is in China to personally oversee production of the Solapad and Solacase products.

April 27th, 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.