FinTech Stock Powers Higher on Insider Buying

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.

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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.”

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

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