Stock Futures Indicating Mixed Open On Earnings: Top Stocks Weekly Review
List: Nokia Corp, Cemex SAB, Swingplane Ventures, World Moto Corp, Echo
LONDON, January 25, 2013
LONDON, January 25, 2013 /PRNewswire/ --
Stock Futures were indicating a mixed open across the board ahead of the bell
in Fridays pre-market trading. Investors were looking at earnings that lacked
the sort of positive guidance we are looking for to really take the markets
towards new highs for the year.
Swingplane Ventures (OTC: SWVI) continued to trade heavy volume through
Thursdays session with the stock trading over $4 million. SWVI did pull back
11pcnt, however bear in mind it was higher by more than 70pcnt in the previous
days trading. We will continue to follow SWVI into next weeks trading to see
if it can build on the current price and volume.
World Moto Corp (OTC: FARE) was higher for the third day straight in
yesterdays trading by an additional 5 pcnt. Shares in FARE have dropped from
recent highs but the last few trading sessions have seen a return to volume
and price performance.
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.
Nokia Corp (OTC: NOKBF) missed earnings on Thursday and the stock was punished
by 9.5 pcnt to the downside. NOKBF was the heaviest traded stock on the OTC
market yesterday with over $18 million exchanging hands.
Echo Automotive (OTC: ECAU) closed higher by 32 pcnt after we featured the
stock in yesterdays write up ahead of the open. Pre market volume looked
strong and our indications were right with more than $10 million being traded
on Thursday and follow through on volume expected today.
Cemex SAB (OTC: CXMSF) closed on Thursday at $1.05 after trading higher
earlier in the day but pulling back in the afternoon. CXMSF traded over $3
million and was slightly higher.
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
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.
Press spacebar to pause and continue. Press esc to stop.