Penny Stocks to Watch: Domark Intl (DOMK) Gains off Solapad

Never plug in your Apple (Nasdaq: AAPL) iPad Again! If you haven’t added Domark International Inc. (OTCBB: DOMK) to your list of penny stocks to watch, get it on there immediately. DOMK’s wholly-owned subsidiary, Solawerks Inc., expects that the “Solapad” ever-charging solar and battery system for all versions of the iPad to be available to U.S. consumers in less than 30 days.

The share price of the penny stock, DOMK, soared to as high as $1.84 on the news before settling down at $1.76, up 29.41% on volume of nearly 1.8 Million. Solawerks Inc. is a newly formed subsidiary, wholly owned by Domark International Inc.  DOMK‘s focus is to develop and distribute:

• the Solapad: a combined cover and charging system for Apple’s iPad,
• the Solafire: a combined cover and charging system for Amazon’s Kindle Fire, and
• the Solacase: a combined cover and charging system for all versions of Apple’s iPhone.

The countdown clock for the Solapad’s arrival as well as other Company information may be seen here.

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DOMK Stock Chart:

Market Capitalization 66.12M

52-Week High
(Mar 15, 2012): 2.00
52-Week Low
(Jun 8, 2011): 0.10

Avg Vol (3 month): 268,910
Avg Vol (10 day): 1,113,380
Avg Vol (5 day): 710,322

Shares Outstanding: 37.09M
Float: 26.95M

Last Trading Session
Trades: 958
Average Trade Size: 1,871

DOMK Stock Analysis:

RSI and MACD are extremely bullish after yesterday which had the 2nd highest volume traded on DOMK stock.

According to DOMK CEO, Michael Franklin, pre-orders for the hot new “Solapad” product were already exceeding the first production schedule. Franklin has just recently returned from China after successfully overseeing the production details of the revolutionary new Solapad product and making arrangements for capitalizing on the products’ surprising demand.

Solapad could be the hottest Apple iPad accessory in play for 2012.

Making a bold statement and adding a countdown clock to your website is a very bold move to make and a supreme marketing plan very similar to what Apple did for the launch of both the iPad and iPhone.

IF DOMK can actually deliver on the Solarwerks “Solapad,” and it’s received well by the Apple community, top-line numbers could be extraordinary considering this development stage company had a total net loss of $1,356,519 for the 9 months ended February 29, 2012.

Bottom Line: On April 24th, Apple reported selling 11.8 million iPads in their last quarter, which is two and a half times the amount of iPad sales Apple reported for the same quarter a year ago. DOMK is a must add to your list of penny stocks to watch.

Over the weekend,some people investing in AAPL were asking for some penny stock picks. “DOMK“. DOMK stock price is up more than 50% since.


 

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