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Big Mover; Preventia Inc. (PVTA)

By Warren Paige

Shares of Preventia Inc. (OTC: PVTA), a developer, marketer and distributor of financial products for dematerialization and electronic trading, are seeing a huge rally in trading today.

At last check, PVTA shares were trading 318.66% higher at $0.561 on above average volume of 4.24 million. The stock touched an all-time high of $0.77 in trading today.

PVTA shares are soaring today after the company entered into a license agreement with Private Trading Systems Plc under which Preventia has been granted a worldwide and exclusive license to use Private Trading Systems’ proprietary trading system.

Robert Stevens, CEO of Preventia, said that given the nature and direction of trading in today’s marketplace, he believes the exclusive license agreement with Private Trading System is a landmark step forward in the globalization of financial products. Stevens said that the agreement has opened the door for PVTA to develop, market and facilitate a broad, new range of financial products for dematerialization and electronic trading globally.

 

July 9th, 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.