Top Five Stocks - Friday Volume Watch: Tag Like Me, Pac West Equities, Cannabis Science, Fannie Mae, Medical Marijuana
LONDON, November 9, 2012 /PRNewswire/ --
Volume Trading Report: Tag Like Me (OTC: TAGG), Pac West Equities (PINK: PWEI), Cannabis Science (OTC: CBIS), Fannie Mae (OTC: FNMA), Medical Marijuana (PINK: MJNA).
Tag Like Me Corp (OTC: TAGG) had a very strong day trading on Thursday after a difficult start to the week. TAGG also traded heavier volume in yesterday's action than in the previous 3 days trading. TAGG traded almost $10 million and was higher by an impressive 36% on Wall Street Thursday.
Pac West Equities (PINK: PWEI) was back on the watch list to finish the week off. PWEI was lower to finish the day yesterday trading over $3 million in the process. PWEI was lower by 11% on the Pink Sheets, we will see if the stock can trade higher on Friday to close the week.
Cannabis Science (OTC: CBIS) has had a very strong run all week. This is the third day in a row we are seeing increased volume and increased price in CBIS. The stock was higher by another 28% in Thursday's action on much heavier volume than earlier in the week. CBIS traded $2.4 million we will see if the stock can hold up Friday for a winning week on both counts.
Fannie Mae (OTC: FNMA) has been hanging around all week but fairly tight in its trading range. FNMA was lower by 5.4% at the close last night and traded $3 million in terms of volume.
In the Pink Sheet markets to round off the week we looked at the closing volume on Medical Marijuana (PINK: MJNA). MJNA traded just under $2 million in volume, however was lower on the trading day by 7.9%.
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It's been a busy week with the election and a new president being voted in, the aftermath of that result on the stock market, and the hangover form Hurricane Sandy last 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 this week; we will be back to you on Monday with our 'week ahead' look at the OTC markets.
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