US Markets Trading Higher Pre-Market On Global Recovery Outlook - Micro-Cap Stock Review: Echo Automotive, AMR Corp, Swingplane Ventures, World Moto Corp, Pershing Gold Corp.
LONDON, January 30, 2013 /PRNewswire/ --
US markets were indicating a higher open across the board on Wednesday as the global recovery outlook was looking good based on various reports. Asian shares had also rallied overnight on this news.
Echo Automotive (OTC: ECAU) was the talk of the small cap world on the close yesterday with another very impressive day of trading for the stock. Shares rallied 33% on over $35 million traded on Wall Street in Tuesdays action.
AMR Corp (OTC: AAMRQ) continued trading lower on Wall Street in tuesdays session in the OTC markets. AMR corp has pulled back from over $1.60 to just over the dollar mark at $1.14. Shares in AMR corp did manage another $13 million in volume however in another strong day in terms of trading action.
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Swingplane Ventures (OTC: SWVI) followed up on its previous days gains with a 10 % surge yesterday and over $4 million in volume which was a big increase on the previous days trading.
World Moto Corp (OTC: FARE) only had one down day in yesterdays trading in its mini recovery we are seeing over the last week. Shares of FARE were again higher by 17.65 % on $2 million traded.
Pershing Gold Corp (OTC: PGLC) traded heavily on Tuesday in the OTCQB market with over $1.7 million exchanging hands. PGLC was lower by 6 % on the day.
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