Goff Corporation Hits New High Ahead of Opening Bell - Small Cap Stocks the Week Ahead: GOFF Corporation, AMR Corp, Fannie Mae, Green Innovations, NII Holdings
LONDON, April 8, 2013 /PRNewswire/ --
After a couple of down days last week Goff Corporation got back to winning ways quickly in the two sessions to close last week and investors eagerly await to see if this company can move on and hit a new high above $0.62 level today. Goff Corporation closed Friday's trading session at a fresh new high of $0.59 which was higher by 2% on the trading day with almost $13 million exchanging hands. Shares in Goff Corporation have now moved from 0.12 cents to the current price of $0.59 just since the middle of March giving out potential gains of over 500% in the trade. The volume is lower than a week or so ago but we will keep you up to date with Goff all week.
Shares of Fannie Mae's amazing run to the upside from very low levels seemed to come to an end last week after the stock failed to get through the key $1.00 mark to close trading. The stock closed higher by 2% on the day with a heavily traded $17 million; however this was much lower than we have seen over the last week. Considering the volume has continued to trickle down we believe the same will be true of the share price which should be lower again through this week or flat at best in our opinion. Remember we first started covering Fannie Mae at 0.30 cents before it went to $1.50, on the second time around we have been covering since 0.50 cents and has moved almost 100% in a week.
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 lower by 4.5% to close around the $3.50 level, which is the first time in a couple of weeks the stock has closed this low. The volume did pick up to close the week which is not a great sign as the stock traded lower, normally you would like to see the opposite in a stock that was moving higher.
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Green Innovations is a name we featured for weeks recently and we saw shares move from around $0.60 to the $3.00 level. To close last week shares of Green Innovations were back on the radar screen after trading over $5 million and closing higher by 26% on the trading day. Investors are sure to be anticipating what will happen with the stock this week after seeing Green innovations trade up in multi week trading at least twice recently. We will keep you up to date with what's going on at the company this week.
Finally we looked at shares of NII Holdings (NASDAQ: NIHD) whose shares were higher by 20% last week on substantial volume with over $50 million traded. NIHD was higher on the day by 20% and we will follow shares at least through Monday's session to see if the company can trade higher and build on those gains in the market.
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 alsocover the top stocks on the OTCQB, OTCQX, and the Pink Sheet markets.
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