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Big Mover; Carbon Sciences Inc. (CABN)

By Warren Paige

Shares of Carbon Sciences Inc. (OTC: CABN), a developer of a breakthrough technology to make cleaner and greener transportation fuels and other valuable products from natural gas, are up sharply in early trading today.

At last check, CABN shares were trading 23% higher at $1.23 on above average volume of 89,847.

Carbon Sciences shares are climbing as the company today announced that new research confirms that its carbon dioxide dry reforming catalyst technology can effectively use low value, high carbon dioxide content natural gas.

Byron Elton, CEO of Carbon Sciences, today said that just like fracking technology enabled low cost access to deep natural gas fields, CABN believes that it can add significant value by allowing the cost-effective use of previously ignored high carbon dioxide gas fields. Elton said that CABN believes its technology has the potential to be transformational in a similar manner.

 

June 19th, 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.