Bookmark and Share

Micro-Caps in Focus; KIT Digital Inc. (KITD), Bio-Matrix Scientific Group Inc. (BMSN), Graphite Corp. (GRPH)

Shares of KIT Digital Inc. (PINK: KITD), a provider of end-to-end video asset management software and related services to enterprise clients, surged in trading on Wednesday.

KITD shares ended the day 20% higher at $0.330 on above average volume of 2.81 million. The stock hit an intra-day high of $0.62. Despite the rally on Wednesday, KITD shares have fallen more than 52% in the last three trading sessions.

Shares of Bio-Matrix Scientific Group Inc. (PINK: BMSN), a biotechnology company engaged in the development of regenerative medicine therapies and tools to treat lung, heart, circulatory system, and other internal organs, rallied in trading on Wednesday.

BMSN shares ended the day 50% higher at $0.0006 on above average volume of 190.57 million. In the last three trading sessions, the stock has gained 200%.

BMSN rallied despite there being no recent news or development related to the company. The gains, therefore, could be due to some stock promotion activity. Last month, BMSN announced that its wholly-owned subsidiary, Regen BioPharma Inc., contracted Cascade Life Sciences Inc. to research the safety and efficacy of Regen’s HemaXellerate™.

Shares of Graphite Corp. (PINK: GRPH), a resource exploration stage company engaged in the evaluation, acquisition and development of graphite-based deposits in the U.S., soared in trading on Wednesday.

GRPH shares ended the day 15.52% higher at $0.670 on volume of 254,466. The stock hit an intra-day high of $0.69 in trading on Wednesday.

Earlier this month, GRPH announced the inclusion of Roger W. Szelmeczka to advise on environmental matters. Szelmeczka has more than two decades of experience and demonstrated knowledge with progressive responsibility in regulatory compliance, environmental science, groundwater, hazardous materials management, waste management, emergency response and emergency management.


Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


-------------------------------------------------------------------------------------------------------------------------
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.