PTEK share prices jump above $1

Dec 30, 2012 12:23 PM

Recent contracts in Canada and South America have encouraged investors to buy shares of PokerTek Inc. (PTEK). Those purchases have pushed the company’s share price above $1 for the first time in months.

The activity will help the company maintain its Nasdaq listing since the stock index requires the company to maintain a $1 or above price.

Also, the contracts have attracted the attention of EmergingGrowth.com, a digital financial company. The Internet company has recently placed PTEK in its “Stock Pick” column.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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