Big Week For Marmion
This week could prove to be a pivotal one for the folks at Marmion Industries Corporation (OTCBB: MMIO).Corporate executives are reportedly attending world's largest offshore oil technology conference in conjunction with their first ever major advertising campaign. Marmion is currently running an ad for its new Stallion product line in Offshore Magazine, which is being given away to each of the estimated +70,000 attendees.
The gathering should present an ideal networking opportunity for the company and a chance to garner increased brand recognition in the petrochemical industry. With a new, larger manufacturing facility being built, MMIO appears eager to pursue new business and prepare to take advantage of its expanded capabilities.Shares are up 12.5% to $.0135 as of 11:49 EST today on volume of 1.4M.
It will be very interesting to see if we test $.015 in the coming hours. Another surge of high volume like we saw earlier this morning could push the stock higher, but trading in the stock has slowed a bit.Interest in MMIO is surely growing throughout the micro-cap market as positive news continues to flow.
Given the current activity of the stock, those still potentially holding shares from March's 52-week lows will be closely evaluating their investments in the very near future, if they have not already, and deciding what to do with their positions.
Will they take a healthy profit in the sub .015 range, or hang on for a push higher? I'll be watching closely over the next few hours.
Labels: Houston and Marmion, Marmion and HVAC, Marmion Industries, MMIO
posted by "Staff" at
10:06 AM
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