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Micro-Cap on the Move; Quest Water Global Inc. (QWTR)

By Warren Paige

Shares of Quest Water Global Inc. (OTC: QWTR), a water technology company providing solutions to address the shortage of clean drinking water primarily in water scarce regions, surged in trading on Friday.

QWTR shares ended the day 14.66% higher at $1.33 on above average volume of 323,592. The stock gained 8.13% in the last five trading sessions.

QWTR recently provided corporate update to its shareholders. QWTR said that following its corporate update released on May 29, 2012, its management returned to Angola on June 13, 2012 to further assess the AQUAtap™ installation in the rural community of Bom Jesus, and to start negotiations toward a formal agreement with the Angolan government.

John Balanko, President and CEO of Quest Water, said that QWTR is extremely pleased with the growing strength of its relationship with the Angolan government, and the professionalism of the officials who have been championing and supporting the project over the past several years.

 

August 4th, 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.