Bookmark and Share

Micro-Caps on Watch; Primco Management Inc. (PMCM), USA Graphite Inc. (USGT), Bourque Industries Inc. (BORK)

Shares of Primco Management Inc. (OTC: PMCM), a development stage company offering real estate management services, are soaring in trading today. At last check, PMCM shares were trading 33.33% higher at $0.200 on above average volume of 10.39 million. The stock hit an intra-day high of $0.23. Despite the rally today, PMCM shares have fallen 20% in the last three trading sessions.

PMCM shares are soaring in trading today after the company announced that it signed a definitive agreement to acquire a 100% stake in ESMG Inc., a Los Angeles-based entertainment company.

Shares of USA Graphite Inc. (OTC: USGT), an exploration company engaged in the acquisition, exploration and development of world-class graphite properties in North America, are up sharply in trading today.

At last check, USGT shares were trading 7.60% higher at $0.161 on above average volume of 3.48 million. The stock rose to an intra-day high of $0.20 earlier today. Despite the gains today, USGT shares have fallen more than 30% in the last three trading sessions.

USGT shares are gaining momentum today despite there being no recent news or development related to the company. The gains therefore are likely due to some stock promotion activity.

Shares of Bourque Industries Inc. (PINK: BORK), a manufacturer and marketer of metal plates and terminator thin line plates for law enforcement and military markets, are seeing a huge rally in trading today.

At last check, BORK shares were trading 45.71% higher at $0.102 on above average volume of 5.27 million. The stock hit an intra-day high of $0.17 earlier today. Despite the huge rally today, BORK shares have fallen more than 55% in the last three trading sessions.

BORK shares are soaring today after the company announced restructuring and expansion of its Board of Directors and selection of new interim CEO.