Dow Jones Futures Lower After Amazing Seven Day Run Higher: Top Five Small Cap Stocks Review Ahead Of The Bell: Fannie Mae, AMR Corp, Green Innovations, Mimedx Group, Be Active Holdings, Inc.
LONDON, March 12, 2013 /PRNewswire/ --
The Dow Jones Futures were indicating a slightly lower open this morning on Wall Street after a 7 day rally that has left these markets at all-time highs across the board. The fact that this all comes at a time when investors and experts alike are more concerned than ever about the overall economy and a triple dip recession, just like what we are seeing in Europe. Investors on the sidelines are keen to see if this rally can continue into this week with some analysts calling for Dow fifteen thousand by the end of the month. There are equally as many analysts predicting the classic Bear Trap with big down days and a slide in the markets to follow.
AMR Corp was once again the most heavily traded stock in the OTC market to close trading yesterday and the company has continued to move higher. Shares of AMR Corp closed yesterday at over $3.00 per share, this merger with US Airways has given out more gains than expected to shareholders. We have been reporting on AMR Corp since it was trading at 0.60 cents per share. For a company in bankruptcy to return over 600% just goes to show you that headline news don't always win the day. Stay tuned or sign up at our website to receive more companies like this.
Green Innovations was again one of the most heavily traded stocks in the small cap markets once more with shares trading over $8 million on the street and shares seeing one of the best recoveries in recent times for a micro-cap name. Green Innovations was also trading to the upside by 5% after shares climbed from $1.28 last week when we released our last report to close at $1.91. Again in similar fashion to AMR Corp as we have followed this name over the last week it has jumped more than 150% from the lows.
Be Active Holdings was the big winner on the heavier traded stocks in small cap land in Mondays trading. Shares of Be Active Holdings were higher by 32% on the trading day with almost $2 million in stock exchanging hands.
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Fannie Mae was back in headline news to close and head into the opening bell today on the street. Shares in Fannie Mae (FNMAS) were higher by 2.6% on over $10 million traded on Wall Street while shares in its counterpart Freddie Mac were also trading heavy volume and higher on the trading day.
MiMedx Group was back in the top five volume stocks to close the week and will be looking for follow through going into this week's trading ahead of the bell. Shares in MiMedx Group were higher by 3% on $2.4 million traded; we will be tracking the stock this week to see if it can continue to trade higher on heavy volume trading.
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 OTC 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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