Microcap Movers for Monday December 19, 2011

Below are highlights from Benzinga's daily coverage of microcap securities. Benzinga provides comprehensive, objective, and conflict-free coverage of the microcap sector in real-time at BenzingaSmallCap.com. Wowjoint Holdings Shares of Wowjoint Holdings BWOW, the Beijing, China infrastructure company, rose 94% Monday on 65 times the average daily volume. The company announced Monday that certain of its Executive Officers will conduct purchases of the Company's stock on the open market. 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. Wowjoint shares traded Monday in a range of $0.41 to $1.25, closing at $0.70. Spectrum Acquisition Holdings Shares of Spectrum Acquisition Holdings (SPAH), the Austin, TX intellectual property and patent holder, rose 83%% Monday on 7.5 million shares. Spectrum issued a press release after the close on Friday describing their development of "small footprint" technologies, including a Laser Guidance System for Diamond Wire Stone Cutting Apparatus and Continuous Refractory Ore Bio-processing Apparatus for Digesting Metal Ore with Bacteria. These two new Green Mining technologies will minimize the traditionally poisonous and toxic environmental threats posed by the mining industry. Spectrum shares traded Monday in a range of $0.42 to $0.68, closing at the high of the day. Seanergy Maritime Holdings Shares of Seanergy Maritime Holdings SHIP, the Athens, Greece dry bulk fleet owner and operator rose 10% Monday on 5 times the average daily volume. Seanergy Maritime reported it had entered into a 11 to 13 month charter agreement for one of its four Capesize vessels, the largest type of dry bulk ship. Seanergy Maritime shares traded Monday in a range of $2.21 to $2.80, closing at $2.44. To get information like this on a streaming basis during the trading day, try a 100% free trial to BenzingaSmallCap.com.