Fannie Mae Continues Run Towards New Highs - Top Potential Small Cap Trades Ahead Of The Open: Fannie Mae, AMR Corp, Goff Corp, Eastman Kodak, Titan Pharmaceuticals
LONDON, March 20, 2013 /PRNewswire/ --
Shares in Fannie Mae continues the push higher to close trading yesterday higher by a further 37% on the trading day. We reported earlier this week on shares in Fannie Mae, the company has now doubled in price since our original profile. We commented that the shares were so low if they start to trade heavy volume they could go much higher, since we originally featured the stock last Thursday shares have doubled in the Fannie Mae. Considering the stock closed at a new recent high to close we believe there is a reasonable chance the stock goes much higher and there is speculation it could see $1.00 this week.
Goff Corp was indicating a higher open on Wall Street along with the futures today after the stock traded substantial volume in Tuesday's trading session. Goff Corp appointed a new director on Friday and the shares after receiving much attention climbed over 100% initially to close at 0.28 cents. Intra-day we have seen shares of Goff Corporation trade as high as 0.35 cents, the stock closed yesterday higher by just 5% but no sell off from the previous days trading.
AMR Corp is another example of a stock people had given up hope on and we have been covering for 2 months now. During that time shares of AMR Corp have risen as much as 700% from top to bottom and it just goes to show you that recently with names like AMR Corp, Eastman Kodak, Fannie Mae, that there are plenty of profits to made by trading the OTC market if you are a prudent investor, or you're a member of http://www.clubpennystock.com. Shares of AMR Corp rose a further 4% in trading yesterday to close above $4.00 for the first time.
Eastman Kodak seems to be moving in the same direction as AMR Corp and Fannie Mae respectively with shares in the company being woken up this week. Eastman Kodak closed at 0.45 cents and shares were higher 30% on very heavy volume for the name. If the volume continues to rise in shares of this forgotten company we could see a quick rise to the $1.00 region as we have done with shares of Fannie Mae.
Shares of Titan Pharmaceuticals got taken apart in trading yesterday as the stock fell victim to huge selling pressure. Titan was lower by 41% on a massive $9million dollars which meant there were some big sellers hitting the bid in a bloody day for the stock.
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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 small cap 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.
Disclosure: Clubpennystocks is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Clubpennystocks is a wholly owned entity of a financial public relations firm. We have not been compensated by any of the companies listed in this news release.
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