Fiscal Cliff Rally Could be Over as Earnings Season May be Slower Than
NEW YORK, January 8, 2013
NEW YORK, January 8, 2013 /PRNewswire/ --
Earnings season unofficially kicks off today, as a total of 8 companies will
be announcing their 4^th quarter earnings results. Markets seems to give back
some of the profits during the fiscal cliff rally yesterday as the DOW fell 50
points and the S&P fell 4.
The Stock Freak has a team of well diverse market professionals that has
combined experience of over 30 years that today are providing members with a
quick research report on 5 companies.
Facebook Inc (NASDAQ:FB) - Facebook Continues to be one of the most active
stocks on the NASDAQ since its IPO. On Jan 1^st 2013 Donald Graham, Director
bought 20,835 shares.
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our free newsletters and stay up to date with stocks on the run.
Peregrine Pharmaceuticals Inc (NASDAQ:PPHM) - On Dec 27^th 2012 Paul Lytle CFO
bought 200,000 shares of PPHM.
World Moto (OTC:FARE) - World Moto has been the most active stock in the OTC
markets for roughly 2 weeks. The stock yesterday traded over 71 million shares
and gained another 30% from Friday's closing price.
Advanced Cell Tech (OTC:ACTC) - Had a huge volume day on Monday as the stock
traded ten times its average volume. The stock closed at $ 0.0899 gaining
12.5% on the day.
Fannie Mae (OTC:FNMA) - As bullish sentiment comes out of wall street for the
U.S housing market FNMA has taken this news on a high note. The stock
yesterday was among the leaders for most active on the OTC exchange. FNMA
closed up 12% trading just over 23 million shares on the day.
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