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Micro-Cap in Focus; LuxeYard Inc. (LUXR)

By Warren Paige

LuxeYard Inc. (PINK: LUXR), a members-only flash sale site for luxury home furnishings, décor and fashion, has seen a sharp rise in its shares in trading today. ‘

LUXR shares are currently trading 6.11% higher at $1.39 on volume of 403,650. The stock is now up 13.93% in the last three trading sessions.

LuxeYard shares have been in focus in the last few weeks as the company made some major announcements. Recently, LUXR introduced an enhanced version of its Concierge Buying Technology, a first social sourcing platform of its kind.

Braden Richter, CEO of LuxeYard, said that Concierge Buying brings a fundamental change in how people buy online, whereby the consumer is now armed with the power to source and influence the price of the products they want. Richter noted that in addition to the ability to expand and activate member base, the company’s ability to generate e-commerce revenue from social networking could have enormous implications for the future of retailing.

May 2nd, 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.