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Micro-Cap on the Move; Titan Iron Ore Corp. (TFER)

By Warren Paige

Shares of Titan Iron Ore Corp. (OTC: TFER), a Tucson, Arizona-based company engaged in the acquisition and development of iron ore exploration and development mining properties located in regions that enjoy stable politics, sound economics and friendly business environments, saw a huge rally in trading on Thursday.

TFER shares ended the day 38.82% higher at $0.590 on above average volume of 548,466. The stock has gained 130.89% in the last three trading sessions.

Titan Iron Ore recently announced that it granted incentive stock options to President and CEO Andrew Brodkey.

Brodkey has been granted stock options to acquire up to 800,000 common shares of TFER stock. The stock options are part of Brodkey’s remuneration package outlined in his employment agreement.

TFER also issued 200,000 options to Ronald Richman, who is a director at the company.

The stock options can be exercised at a price of $0.20 per share.

June 29th, 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.