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Micro-Cap of the Day; Immunovative Inc. (IMUN)

By Warren Paige

Shares of Immunovative Inc. (PINK: IMUN), owner of an exclusive, worldwide license to commercialize any products covered under Immunovative Therapies Ltd.’s current issued and pending patent application portfolio, are soaring in trading today.

At last check, IMUN shares were trading 45.14% higher at $0.254 on above average volume of 4.08 million. The stock touched an all-time high of $0.27 in trading today.

Immunovative shares are soaring today after the company announced the launch of a new website www.IMUN.com. The website includes information on technology, product candidates, management team, videos and links to the company’s social media sites.

IMUN also announced the launch of ImmuNews, which is a monthly newsletter designed to provide information to the company’s shareholders of happenings in the rapidly developing field of cancer immunotherapy and to provide updates on the company’s progress toward bringing its own products to market.

 

July 30th, 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.