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Hot Stock; Green Energy Renewable Solutions Inc. (EWRL)

By Warren Paige

Shares of Green Energy Renewable Solutions Inc. (PINK: EWRL), a developer and operator of municipal solid waste and construction and demolition waste processing and recycling facilities, are seeing a huge rally in trading today after the company provided an update on its Highland Park recycling operations.

At last check, EWRL shares were trading 219.88% higher at $0.515 on above average volume of 2.33 million. The stock has gained nearly 250% in the last three trading sessions.

Green Energy Renewable acquired a 5-acre parcel of land in Highland Park, Michigan in November 2011. EWRL has already cleared the site and most of the required equipment is in place to receive waste material. EWRL said that it is working alongside local officials to complete the permitting process. Full operations at the site are expected to start within 60 days.

Joe Durant, CEO of Green Energy Renewable Solutions, said that EWRL is very excited about the project and has received tremendous support in meetings with local and state officials.

EWRL plans to process to 750 tons per day by the end of the third quarter.

 

June 26th, 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.