Many investors are routinely interested in small cap stocks but one of the small cap stocks that actually performed poorly yesterday was that of CoroWare Inc (OTCMKTS:COWI). The stock actually went down by as much as 13% in the middle of a bit of a selloff yesterday.
However, the more important thing to mention in this regard is that it was announced yesterday that the Chief Executive Officer of the company, Lloyd Spencer is going to appear for an interview with SmallCapVoice.Com. Considering the fact that SmallCapVoice.Com is regarded as a highly popular platform for small cap stocks, the interview could actually come as a boost for CoroWare in the end.
As per the announcement from SmallCapVoice.Com, Spencer is going to discuss the current operations of CoroWare and also speak about an agreement that the company signed recently.
It is believed that the agreement in question could actually prove to be a trigger for further growth in the company’s business. Investors need to note that CoroWare, which had been established in 2000, is currently looking into entering the massive resource reclamation industry. The move from the company is also being backed by a group of tenured scientists based out of the United Kingdom.
Market Reaction:
On Monday, COWI stock fell 13.33% at $0.0013 with more than 249.78 million shares, compared to its average volume of 221.88 million shares. The stock has moved within a range of $0.0012 – 0.0015 after opening the trade at $0.0014. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0051.
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