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Micro-Cap in News; Great Wall Builders Ltd. (GWBU)

By Warren Paige

Great Wall Builders Ltd. (OTC: GWBU), owner of a patent-pending technology that reduces vehicle emissions while improving mileage, has seen a recovery in its shares in trading today.

GWBU shares had tumbled more than 60% on Thursday. The stock, however, has made a slight recovery in trading today. At last check, it was up 5.27% to $0.579 on above average volume of 13.91 million. It touched an intra-day high of $0.66.

Great Wall Builders has made some major announcements related to its Start FEED technology in the last two days. On Thursday, the company said that its exclusive European distributor for Start FEED, NESS Tech GmbH, signed a distribution contract worth 700,000 euros in Romania.

Earlier today, GWBU announced that NESS Tech signed a distribution contract worth 750,000 euros in Slovenia.

Despite these significant developments, GWBU shares have been seeing tremendous selling pressure.

June 22nd, 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.