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

By Warren Paige

Shares of Great Wall Builders Ltd. (OTC: GWBU) are continuing to rally in trading today. At last check, GWBU shares were trading 12.24% higher at $0.275 on volume of 6.85 million. The stock has gained more than 42% in the last three trading sessions.

Great Wall Builders shares rose today after the company announced successful completion of field testing of its Start FEED technology. The tests were conducted by Cooperativa Trasporti di Riolo of Italy.

The test results showed an average 15% fuel savings. Following the successful testing, Cooperative Trasporti di Riolo has now ordered another 100 Start FEED units at a cost of 1,125 euros per unit, for its fleet roll-out.

Cooperative Trasporti di Riolo is a provider of tourism and public transportation services.

Commenting on the development, Daniele Brazzi, President and CEO of Great Wall Builders, said that this is another important step for GWBU in the Italian trucking industry and evidencing the success of the company’s technology to the global market.

 

July 5th, 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.