Shares of Wowjoint Holdings (BWOW) Jump 160% After Executives Announce Stock Purchases
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Shares of Wowjoint Holdings Limited (Nasdaq: BWOW) are trading up approx. 160% this morning after news the company's executive officers will conduct purchases of the Company's stock on the open market.
NOTE - shares are currently trading at $0.95 up 0.59 (+163.89%), and the market cap (before today's move was around $4 million)
Yabin Liu , Chief Executive Officer & Director; Fude Zhang , Chief Technology Officer & Director; and Liguo Liu , Senior Vice President of Marketing will be participating in the Purchase Plan. Between January 1, 2012 and June 15, 2012 these executives will collectively purchase up to $200,000 worth of shares on the open market, which as of the closing price on December 15, 2011 is approximately 500,000 shares. These purchases will occur each month, with a minimum of 5,000 shares purchased during each month.
NOTE - shares are currently trading at $0.95 up 0.59 (+163.89%), and the market cap (before today's move was around $4 million)
Yabin Liu , Chief Executive Officer & Director; Fude Zhang , Chief Technology Officer & Director; and Liguo Liu , Senior Vice President of Marketing will be participating in the Purchase Plan. Between January 1, 2012 and June 15, 2012 these executives will collectively purchase up to $200,000 worth of shares on the open market, which as of the closing price on December 15, 2011 is approximately 500,000 shares. These purchases will occur each month, with a minimum of 5,000 shares purchased during each month.
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