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Micro-Cap in News; O2 Secure Wireless Inc. (OTOW)

By Warren Paige

Shares of O2 Secure Wireless Inc. (PINK: OTOW), a developer of numerous wireless tower facilities in the U.S., rallied in trading on Thursday.

OTOW shares ended the day 40% higher at $0.0014 on above average volume of 76.61 million.

O2 Secure Wireless shares surged on Thursday after the company announced the opening of its retail store location in Palm Coast, Florida. The company said that the store will hold a grand opening on July 9th, 2012.

The store, which is located at 101 Palm Harbor Pkwy, would offer customers wireless services among other things. OTOW believes that the store will be a cornerstone of the company’s physical presence in the community.

 

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.