Advertisement
Canada markets open in 2 hours 29 minutes
  • S&P/TSX

    21,871.96
    +64.59 (+0.30%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CAD/USD

    0.7297
    -0.0004 (-0.06%)
     
  • CRUDE OIL

    81.71
    -0.19 (-0.23%)
     
  • Bitcoin CAD

    90,805.38
    +242.34 (+0.27%)
     
  • CMC Crypto 200

    1,424.84
    +10.08 (+0.71%)
     
  • GOLD FUTURES

    2,318.70
    -27.70 (-1.18%)
     
  • RUSSELL 2000

    1,967.47
    +19.82 (+1.02%)
     
  • 10-Yr Bond

    4.6230
    +0.0080 (+0.17%)
     
  • NASDAQ futures

    17,409.00
    +59.00 (+0.34%)
     
  • VOLATILITY

    16.63
    -0.31 (-1.83%)
     
  • FTSE

    8,068.65
    +44.78 (+0.56%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • CAD/EUR

    0.6845
    -0.0005 (-0.07%)
     

Small Cap Stocks Gaining Interest During Mid Summer Sessions

CORAL GABLES, FL / ACCESSWIRE / July 22, 2015 / The markets have been traditionally slower during the summer months. Family vacations, work holidays, and a simple err of relaxation weigh on the markets. It stands to reason that this has not helped commodities prices either. According to a report from Bloomberg, gold futures pulled in for a 10th day in the longest run of losses since the mid '90s as Goldman Sachs Group Inc. predicted a continued pull-back and investors continued a bearish sell-off. "I expect gold prices will fall further. Expectation of higher rates in the U.S. is negative for the precious metals," states ABN Amro Bank NV's Georgette Boele.

But with the trough being realized in one market, other segments are seeing continued rise to new peaks. Penny stocks in particular, which have been traditionally volatile especially during times of market uncertainty, have been gaining attention during these summer months. Over the last few weeks, Golden Star Enterprises Ltd (GSPT), Dominocas Energy Corporation (DNRG), and Global Equity International Inc (GEQU) have seen markets pick up along with price.

Earlier this week, Golden Star Enterprises announced that it would be taking a more focused approach on its "civilian" drone market, putting more attention towards the action sports drone industry. Following the recent acquisition of North American Drones, Golden Star will promote its product lineup in major ski resorts in North America. Results from competitor, GoPro (GPRO) have confirmed the Company's vision after GoPro reported positive expectations in its latest filing. Over the course of the last few weeks, Golden Star has seen an overall increase on volume compared to previous months and price has risen by as much as 115% since late June.

Dominovas Energy Corporation has seen an increase in both price and volume over the last 30 days. Since mid June, the stock is up by more than 1,780% as of Tuesday's closing price at $0.0981. The energy solutions company announced that it will be meeting with shareholders and investors on a conference call scheduled for August 13th. Eric Fresh, Sr. VP for Finance and Investments stated in a recent PR, "We understand the significance and importance that an informed shareholder and investor base can have on a company such as ours. I cannot underestimate the significance the opportunity to engage, and I truly look forward to the opportunity."

ADVERTISEMENT

Global Equity International Inc announced Tuesday morning that the company has nearly extinguished all of its toxic debt. As of the press release, management states that it has only one convertible noteholder that is owed roughly $14,600 and that they expect this noteholder to convert the last of the note into equity during the last few weeks of July. Since mid-June, shares of Global Equity have been on the rise and have moved from lows of $0.0009 to highs on Tuesday of $0.0074.

ABOUT US:

www.DailyStockReporter.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals www.DailyStockReporter.com is often in the know of several large investor awareness campaigns being deployed.

Timing is everything when trading Penny Stocks. You can subscribe to the www.DailyStockReporter.com newsletter and start receiving daily alerts. To subscribe by phone and receive messages directly to a mobile phone, text the phrase "StockAlerts" to 63566.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

EGM FIRM INC which owns www.DailyStockReporter.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release.

EGM FIRM INC, which owns www.DailyStockReporter.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice.

EGM FIRM INC which owns www.DailyStockReporter.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two.

CONTACT:

Company: DailyStockReporter.com
Contact Email: news@dailystockreporter.com

SOURCE:
DailyStockReporter.com