LONDON, January 10, 2013 /PRNewswire/ --
Wednesday OTC Stocks Review: AMR Corp,
Vumee, and Herbalife.
A day after we saw positive earnings from Alcoa (NYSE: AA) which
sent the US markets higher across the board we are seeing more
positive reports and guidance coming from companies due to report
4th quarter earnings.
Vumee Inc. (OTC: VUME) was one of the trading stories of the day
yesterday due to big volume and price appreciation. VUME was
higher by more than 100% and traded north of $7 million on the day. News regarding
Ray Lewis's addition to the
marketing team could have an effect in trading of the shares in
today's session.
AMR Corp (OTC: AAMRQ) which has been trading strong volume for a
while now and has been covered by our site for a number of weeks
was the top traded stock on the OTC market today. Shares of
AAMRQ traded higher by 42% on a massive $64
million in volume. TO give you some idea that's more
than 10 times the normal daily volume for the stock.
World Moto, Inc. (OTC: FARE) finally pulled back in trading
yesterday on Wall Street with shares down 19% on over $10 million traded. FARE has had quite an
amazing run over the last 2 weeks and yesterdays end result was the
first day we have seen shares down double digits.
Herbalife (NYSE: HLF) received much news coverage today with
Bill Ackman coming out with a
negative report on the company, basically saying that shares of the
company will be going to zero. His opinion is that shares of
HLF are part of a pyramid scheme; we will be following to see the
outcome of this breaking news.
Fannie Mae (OTC: FNMAS) was also back in the news yesterday with
shares trading very heavy volume, over $25
million. Price action was limited and the stock was
higher by 2% with an awful lot of shares exchanging hands.
If you are looking to know what's going on with these companies
on the OTC and in addition receive weekly picks on stocks that we
feature, simply sign up at our website for free.
http://www.smallcapuniverse.com
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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