Posera Ltd. (TSE:PAY), a FinTech stock, surged after its CEO purchased 784,747 common shares of the Company
Sean Mason | October 25, 2016 | SmallCapPower
At least one CEO ‘walked the walk’ in regards to a FinTech stock Tuesday. Here’s some small stocks making big moves on Tuesday, October 25, 2016 (as of 4 pm EST):
FinTech stock Posera Ltd. (TSE:PAY) jumped 16% to $0.215 after the provider of payment software solutions for the hospitality industry announced that its Chairman and CEO, Loudon Owen, has recently purchased a total of 784,747 common shares of the Company at a price of $0.185.
As well, shares of Goldstrike Resources Ltd. (CVE:GSR) slid 16% to $0.16 after the gold junior released drill results from its flagship Plateau property in Yukon, which included 2.2 g/t gold over 13 metres.
ESTec Systems Corp. (CVE:ESE), meanwhile, reported that it has entered into a letter of intent for a going private transaction at a price of $0.12 in cash for each common share held. ESTec Systems stock popped 16% to $0.11 following the announcement.
Finally, Keek (CVE:KEK) shares climbed 59% to $0.47 after the social network provider announced that the new livestreaming service “Peeks,” which will soon be consolidated with the existing Keek services, will be in the Hollywood limelight on October 31 as the exclusive broadcaster of the “Halloween House Party.”
Hi, did you know SmallCapPower accepts blog submissions? You can contact me here
DISCLAIMER
The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.
