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Micro-Cap on the Move; Nouveau Life Pharmaceuticals Inc. (NOUV)

By Warren Paige

Nouveau Life Pharmaceuticals Inc. (PINK: NOUV) has seen a sharp rise in its shares in trading today. At last check, NOUV shares were trading 13.79% higher at $0.0165 on above average volume of 7.45 million. Despite the gains today, NOUV has fallen more than 3.50% in the last three trading sessions.

Nouveau Life shares are gaining momentum today after the company announced the launch of its new website and online store www.nlpnaturals.com. The website will enable customers to buy nutraceuticals NOUV through a fully secure connection.

CEO Melissa Walker noted that NOUV wanted to provide its customers a private and safe place to purchase the company’s all-natural products. According to Walker, the new website also lets the company communicate directly with its customers and its investors. Walker added that the new website is one more tool NOUV can use to grow its share of the $30 billion U.S. dietary supplement market.

 

June 4th, 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.