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Micro-Cap on the Move; LuxeYard Inc. (LUXR)

By Warren Paige

LuxeYard Inc. (PINK: LUXR), a member-based online marketplace for luxury home and other consumer related products, has seen a sharp rise in its shares in the last few days.

In today’s trading, LUXR shares are up 3.23% to $1.60 on volume of 677,689. The stock rose to an intra-day high of $1.63 today. The stock has gained 23.26% in the last three trading sessions.

LUXR shares have been gaining momentum as the company made some major announcements in the last few days. Recently, LUXR announced the addition of newest celebrity Trendsetter, international racing star Matt Halliday.

The company also announced recently that it will be hosting its Summebr of Style Kickoff Party.

Finally, last week, LuxeYard announced that it is boosting its global presence by expanding to India, one of the fastest growing e-commerce markets in the world.

 

June 12th, 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.