Bookmark and Share

Micro-Caps on Watch; Organovo Holdings Inc. (ONVO), Hemp Inc. (HEMP), Green Envirotech Holdings Corp. (GETH)

Shares of Organovo Holdings Inc (OTCQX: ONVO), a California based biology company that is focused on bio-printing technology and creating tissue for research and medical applications, are climbing in today’s trading.

At last check, ONVO shares were trading 4.44% higher at $2.82, with volume up from daily average of 0.25 million to 0.46 million. It reached its 52 week high at $10.9 during June 2012.

With ONVO expanding toward commercialization of its technology, the company recently upgraded itself from OTCQB to OTCQX. Investors can now have access to its financial reports and real time stock quotes on OTC market website.

Shares of Hemp Inc. (OTCPK: HEMP), a California based company involved in manufacturing hemp for a variety of uses including consumption and for cordage, are seeing a huge rally in today’s trading.

At last check, HEMP shares were trading 38.08% higher at $0.0359, with volume up from daily average of 0.56 million to 3.39 million. It has been trading so far for the day in the range of $0.0270 and $0.0370.

HEMP’s CEO and Industrial Hemp Veteran, Bruce Perlowin had recently given a speech about the growth opportunities of Hemp and medical marijuana companies in the pre-election period. Perlowin also emphasized about his personal investment strategy and quoted how he earned quite a lot of profit from the pre-election spike.

Shares of Green Envirotech Holdings Corp. (OTCQB: GETH), a California based recycling company, developed a patent pending recycling and manufacturing process to produce compounded resins for applications in specific manufacturing processes, primarily focusing on automotive and durable goods applications and the production of sweet crude oil, are rallying in today’s trading.

At last check, GETH shares were trading 41.67% higher at $0.0051, with volume up from daily average of 0.59 million to 13.85 million. It has been trading very volatile today with prices ranging between $0.0045 and $0.0062.

GETH announced today that the tire and plastic to oil samples “Brent Crude” priced at an average of $18 per barrel which was higher than the NYMEX spot price. An Oil Company in the market stated that lab result qualities of all GETH’s oil samples were well within their specifications for their refinery.

GETH is in the process of identifying the location of the first plant, apply for permits and work with investment opportunities to fund the project.

 


Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


-------------------------------------------------------------------------------------------------------------------------
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.