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Micro-Cap in Focus; Green Energy Renewable Solutions Inc. (EWRL)

By Warren Paige

Shares of Green Energy Renewable Solutions Inc. (PINK: EWRL), a development stage company engaged in the development of municipal solid waste and construction and demolition waste processing and recycling facilities in Highland Park, Michigan, rebounded in trading today.

EWRL shares ended the day 26.92% higher at $0.660 on above average volume of 1.09 million. The stock touched an intra-day high of $0.77 in trading. Despite the gains today, the stock is still down 14.84% in the last three trading sessions.

Earlier this week, EWRL announced that it is seeking an expedited approval from FINRA for its stock dividend. EWRL had last week announced a stock dividend for each shareholder of record at the close of business on June 29, 2012.

Recently, EWRL also entered into a long-term contract with Disposal Specialties LLC. The contract will guarantee up to 1,000 tons per day of construction and demolition waste for recycling operations at EWRL’s Highland Park facility.

 

July 3rd, 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.