Bookmark and Share

Micro-Caps on the Move; Axiologix Inc. (AXLX), China Teletech Holding Inc. (CNCT), Harvey Westbury Corp. (HVYW)

Shares of Axiologix Inc. (PINK: AXLX), an International Technology and Services Organization delivering cloud-based products and services to small and medium sized businesses mainly in the U.S., are seeing a huge rally in trading today.

At last check, AXLX shares were trading 116.67% higher at $0.0013 on above average volume of 187.30 million.

AXLX shares are rallying after the company announced that it signed a Letter of Intent (LOI) to acquire 100% of a major California-based provider of IP voice, data and managed services to small and medium sized businesses across the U.S.

Dennis Mitrano, President of Telecom Operations at Axiologix, said that he is pleased to announce the advancement of the company’s stated core growth strategy. Vincent Brown, Chairman and CEO of Axiologix, said that the company looks forward to finalizing this significant transaction as soon as possible.

Shares of China Teletech Holding Inc. (PINK: CNCT), a distributor and trader of rechargeable phone cards, cellular phones, and accessories in China, have skyrocketed in trading today.

At last check, CNCT shares were trading 1,185.71% higher at $0.0900 on above average volume of 5.75 million. The stock hit a 52-week high of $0.47 earlier today before paring its gains.

CNCT shares are soaring despite there being no recent news or announcement related to the company. The gains, therefore, are likely due to some stock promotion activity.

Shares of Harvey Westbury Corp. (PINK: HVYW), a manufacturer and wholesaler of aftermarket automotive products, are soaring in trading today. At last check, HVYW shares were trading 25.79% higher at $0.0439 on above average volume of 4.65 million. The stock hit an intra-day high of $0.05 earlier today. HVYW shares have gained nearly 83% in the last three trading sessions.

HVYW shares have surged today after the company announced that its “Garry’s Royal Satin” brand of waxes and polishes were presented at the 2013 Miami International Boat show, last week. Featuring over 3,000 boats and 2,000 exhibitors from all over the world, the boat show is Florida’s largest annual event.

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 are for informational purposes only. This is NOT a stock recommendation. This 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 . About 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.