Bookmark and Share

Micro-Caps in Focus; Western Sierra (WSRA), Safecode Drug Technologies Corp. (SAFC), OriginOil Inc. (OOIL)

Shares of Western Sierra (OTC: WSRA), an exploration stage company engaged in the acquisition, exploration, mining, and development of mineral properties in the western U.S. and central Arizona, are seeing a huge rally in trading today. At last check, WSRA shares were trading 260.87% higher at $0.0083 on above average volume of 7.08 million. The stock hit an intra-day high of $0.01 earlier today.

WSRA shares are surging despite there being no recent news or development related to the company. The gains, therefore, could be due to some stock promotion activity.

Shares of Safecode Drug Technologies Corp. (OTC: SAFC), a company engaged in the development of patent-pending technologies that reduce errors and eliminate pain during the administration of prescription medicines, are soaring in trading today. At last check, SAFC shares were trading 174.19% higher at $0.0170 on above average volume of 8.27 million. The stock hit an intra-day high of $0.02. In the last three trading sessions, SAFC shares have gained more than 639%.

Back in April this year, SAFC announced that it plans to hire a project manager to oversee and implement a marketing strategy to commercialize its newly acquired painless injection device.

Shares of OriginOil Inc. (OTC: OOIL), a developer of energy production process for harvesting algae and cleaning up oil and gas water, are up sharply in trading today. At last check, OOIL shares were trading 9.68% higher at $0.340 on above average volume of 470,220. The stock hit an intra-day high of $0.37 earlier today.

OOIL, last week, announced that it has expanded its algae and aquaculture designs to achieve commercial scale.

 


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.