Apple Shares Indicating Lower Open After Earnings Disappoint Top Tier Volume Stocks Focus List: Swingplane Ventures, Nokia Corp, World Moto Corp, Echo Automotive
LONDON, January 24, 2013 /PRNewswire/ --
Apple Shares are bracing themselves for a lower open today on Wall Street after earnings on the close yesterday sent shares lower in after hours trading. Shares in Apple (APPL) are off 30 pcnr recently as investors showed concern specifically for the competition they are seeing in the marketplace currently.
Swingplane Ventures (OTC: SWVI) was the big volume leader and price gainer on the OTCQB market in yesterdays trading action. SWVI was released as awesome's new pick and we have been following the stock since yesterdays release. SWVI was higher by 70 pcnt on 21 million traded on Wednesday.
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World Moto Corp (OTC: FARE) was back in focus yesterday as we saw shares in the stock move on another leg higher to close the days trading. FARE was up 83 pcnt on almost $5 million in volume which is substantially higher than we have seen over the last week.
Nokia Corp (OTC: NOKBF) was back in the news yesterday as volume picked up after being lower in comparison over the last trading week. Shares in NOKBF were higher on the OTC market by 3 pcnt on 5.9 million traded.
Echo Automotive (OTC: ECAU) was a new name featured on the volume focus list after trading higher than normal on Wednesday. ECAU shares were also higher by 8 pcnt on approx 3.5 million exchanging hands on Wall Street.
To round off our Wednesday review and look ahead to trading on Thursday we looked at Tile Shop Holdings (TTSAW). The shares edged slightly higher by 2.2 pcnt on over $2 million in volume traded.
Regardless of what's going on in the mainstream we will always keep you updated and look to be value added. We hope you have enjoyed our coverage; we will be back to you tomorrow with our daily look at the OTC markets.
We track the volume and keep in touch with any increasing trends to the upside or downside. We also cover the top stocks on the OTCQB, OTCQX, and the Pink Sheet markets.
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