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Hot Stock; Portlogic Systems Inc. (PGSY)

By Warren Paige

Portlogic Systems Inc. (OTC: PGSY), a mobile and Internet software developer and solutions provider for electronic payments, ticketing and marketing delivery and communications systems, announced the signing of an exclusive agreement with AdaptMedia. The announcement has sent PGSY shares sharply higher in trading today.

PGSY shares rose to an intra-day high of $0.50. At last check, the stock was trading 76.25% higher at $0.423 on above average volume of 4.85 million.

Portlogic Systems announced that it has appointed AdaptMedia as its exclusive out-of-home advertising agency. PGSY will utilize AdaptMedia’s vast National network to deploy its mobile marketing network in Canada.

AdaptMedia is a provider of National advertising services for street furniture on 2,000 locations and C-store environments with over 10,000 media facings.

PGSY said that it will use AdaptMedia exclusively in Canada for its Proximity Mobile Marketing Network.

 

May 14th, 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.