LONDON, April 24, 2014 /PRNewswire/ --
We saw the volume pick up once more in the over the counter markets today as normal business seemed to resume following the long weekend. We expect the volume to jump up once again and move to a new level going into next week's trading.
The Goldman Sachs Group (OTC: GSSCL) which trades on the over the counter market had more than $65 million exchange hands in an active days trading to close the markets on Wednesday. The stock was up slightly and closed just north of $25.00 per share to close the day.
Genco Shipping & Trading (OTC: GNKOQ) also enjoyed a heavy days trading for the stock as it moved up to a resistance point to break higher in trading. Shares were up just over 1% however were higher in earlier trading on the street.
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Vape Holdings (OTC: VAPE) was the big loser in the small cap markets today with the stock trading lower by 57% on the trading day. Volume was also more than average with more than $7 million exchanging hands in what turned out to be a bloodbath for one of the best performing stocks this year.
W&E Source Corporation (OTC: WESC) was the best performing stock in the entire market in a huge upswing day for the stock which started the day at $0.02 and finished at $0.19. Shares closed higher by 850% after trading more than 9 million shares on the day.
To round off our daily focus list we looked at shares of Tranzbyte Corp (OTC: ERBB) which traded lower by 15% on the day with more than $5 million in volume. Tranzbyte Corp has been a favorite with the short term traders over the last few weeks and surely there will be people looking for a bounce trade to the upside going into the open tomorrow.
Super Stock Profits releases our daily trading report of the top trading volume and percentage leader plays within the small cap markets, keeping you up to date with the latest picks and the latest news on the stocks in focus.
Disclosure: Super Stock Profits is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities but for informational purposes only. Investors should always conduct their own due diligence with any potential investment. Super Stock Profits is affiliated with AMG Global Advisors Ltd which is a FINRA registered company (168847). We have not been compensated by any of the companies listed in this news release.
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SOURCE AMG Global Advisors Ltd