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Micro-Cap on Watch; AbTech Holdings Inc. (ABHD)

By Warren Paige

Shares of AbTech Holdings Inc. (OTC: ABHD), an environmental technologies company providing various solutions to address issues of water pollution in the U.S., rose sharply in trading on Friday.

ABHD shares ended the day 2.78% higher at $0.851 on above average volume of 205,327.

AbTech Holdings on Friday announced that it scheduled a conference call for Wednesday, August 15, 2012 at 11 AM to discuss its financial results for the second quarter of 2012. ABHD will also provide an update on its business initiatives during the conference call.

Back in June, AbTech Holdings announced completion of stormwater treatment installations at two military bases located in Utah and California, with additional installations under development.

Bjornulf White, EVP Corporate Strategy and Business Development for AbTech, said that ABHD believes engineered vault systems are a stormwater and wastewater control and treatment measure with wide applicability throughout the world as they allow for relatively easing maintenance and are upgradable as containment focuses change and technologies improve.

 

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.