LONDON, April 25, 2014 /PRNewswire/ --
Profit taking was evident across the board within the OTC markets to close today as we saw the volume pick up once more across the board. It was a busy day for the markets with the small cap stocks were some of the more heavily traded stocks as the volatility continued to increase.
Liquidmetal Technologies (OTC: LQMT) was one of the top traded stocks within the OTC markets to close trading on Thursday even though shares closed slightly lower. This stock has been a favorite amongst traders for some time since the company traded to an all-time high and was one of the hottest stocks in 2013. Liquidmetal closed lower by 8% on just under $2 million in volume.
L&L Energy (OTC: LLEN) was a new name on the focus list as shares traded higher by 47% on more than $1.3 million traded. The stock looks likely to break the $1.00 level to the upside which would be key technical level for the stock. This could be the start of the story as far as traders are concerned here for the short term.
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Vape Holdings (OTC: VAPE) had a day which was the polar opposite to yesterdays close with shares moving a cool 100% to the upside after yesterday's bloodbath. The rumor on the street was this was a huge short cover with speculators betting on the stock going down being short on the wrong side.
Monitise PLC (OTC: MONIF) traded over $4 million in the Pink sheets market to close the markets at $1.11 on the trading day. With the company pushing the resistance and 52 weeks high at the $1.38 level it looks like traders could be hanging around in this name for a while.
Finally to close out our week on the daily focused list we re-visit a strong trading name Minerco Resources (OTC: MINE). Shares traded higher today by 7.43% in a heavy trading day for the company as they looked to get back to the high point trade of last week.
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