Goff Corporation Closes At New High Once More - Small Cap Stocks The Week Ahead: Fannie Mae, AMR Corporation, A.P. Pharma, Lot 78 Inc, Eastman Kodak
LONDON, April 1, 2013 /PRNewswire/ --
Goff Corporation once again closed Fridays trading session at a new high for the company in what has been a steady two weeks of mainly upside trading for the mineral exploration company. Shares in Goff Corporation have now moved from 0.12 cents to the current price of 0.45 just since the middle of March giving out potential gains of over 400%. We will continue to follow the stock throughout the week to see if it can build from here. It does appear that volume has picked up after an initial drop off mid last week; however volume was light anyway going into the holidays.
AMR Corp is another example of a stock people had given up hope on and we have been covering for 3 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, and Freddie Mac 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 moved higher by 3% to close at $4.15. It seems the volatile part of this trade is over now, however the volume is still very heavy so the trade could still be on even though it's at the top end of the range.
Shares of Fannie Mae have been extremely volatile but look like they could be ready for another surge this week after closing higher by 14% Friday on a heavily traded $37 million. We will stay with the name to update you on news and any movements, remember AMR Corp traded back down to $1.00 before bouncing back to $4.00 over a relatively short period of time. Stocks trading this low tend to over-shoot on the upside as well as the downside so worth keeping an eye on this name. Remember we first started covering Fannie Mae at 0.30 cents before it went to $1.50 so this name potentially could still be a 100% trade to the upside once more.
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Eastman Kodak was back on the volume focus list after a false start last week in the shares. The company closed the week strong and has investors wondering whether we can see follow through in the week ahead. Eastman Kodak was higher by 23% on almost $2 million traded ahead of this week's trading.
Lot 78, Inc was a new name featured on the stock focus list today after the stock traded increased volume and was higher by more than 2% in Fridays trading. Lot 78 closed at $1.66 after trading almost $3 million to close the week.
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
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