Premarket Action: Micro Cap Bid Up For Second Day!

Premarket Action: Micro Cap Bid Up For Second Day!

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, October 21, 2021

A Chicago-based micro cap is seeing a strong continuation of yesterday’s performance as shares appear to be bid up as we head toward the open. The two-day strength comes off o f a press release that the company is going to acquire the business assets of ICS Consulting Service located in Denver, Colorado. Shares of Blue Diamond Ventures Inc. (OTCPK:BLDV) are bid up on the news.

Blue Diamond Ventures Inc., through its subsidiary, provides consulting services to clients in various fields including, the cannabis industry, hospitality industry, construction industry, consumer goods, manufacturing, production, and business development. The company, through its subsidiary, also provides products and services in the medical cannabis industry, including medical cannabis conferences, professional cannabis education, and innovation and targeted therapies in the medical cannabis biotech space.

Traders appear to think there is more room to run for this stock, as shares are bid up at $0.005/share (+6.38% implied open for sellers). This comes just one session after the announcement of the acquisition and a massive move as shares went on to close at $0.0047/share (+38.24%) on Wednesday.


Copyright © 2021 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Shares on the Rise As Gas Production Starts
Subsidiary Deal With Lowe's Inc. Sends Parent Shares Flying
New Order Announcement Causes Significant Buying Pressure
Most Popular
FREE Newsletter


Back to Top