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Hot Stock; Digital Utilities Ventures Inc. (DUTV)

By Warren Paige

Shares of Digital Utilities Ventures Inc. (PINK: DUTV), an innovator in Internet Protocol video transport systems, are soaring in trading today after the company announced that it finalized merger talks to acquire 100% of TORQ Communications LLC.

DUTV shares are currently trading 33.33% higher at $0.0028 on above average volume of 105.82 million. The stock is up 141.67% in the last three trading sessions.

Garry McHenry, CEO of Digital Utilities Ventures, said that the merged company will provide DUTV with a financially strong, customer-focused telecommunications partner as it combines the idea of DUTV being a true digital utility company.

TORQ, which was incorporated in 2008, has experience in data networking and traditional telephony building, as well as in implementing business-grade Voice over IP services.

 

May 3rd, 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.