Apple on the Defense Plays Down Samsung's Latest Offering: Top Five Small Cap
Stocks Ahead of The Bell: Anadigics Inc, Eastman Kodak, AMR Corp, Green
Innovations, Graphon Corporation
LONDON, March 14, 2013
LONDON, March 14, 2013 /PRNewswire/ --
Shares in Apple (AAPL) were looking weak once more ahead of the open this
morning on Wall Street as the news just seems to be getting worse and worse
for the technology giant. Phil Schiller the marketing chief at Apple chose to
trash talk Samsung's new product a day before the launch which could really
show the companies hand and display weakness from a company that wouldn't have
dreamt of it a year ago. We reported yesterday that AAPL was looking to
reduce its dependency on Samsung in the mobile chips it purchases from them
with the company rumored to be switching to Intel (INTC).
The Dow Jones Futures were indicating a higher open ahead of the bell on Wall
Street. We did pause for breath in yesterday's trading but looks like getting
back to the upside once more going into Thursdays session. This comes after a
7 day rally that has left these markets at all-time highs across the board.
The fact is this is at a time when investors and experts alike are more
concerned than ever about the overall economy and a triple dip recession, just
like what we are seeing in Europe.
AMR Corp was clearly the most heavily traded stock in the OTC market to close
trading yesterday as the company has continued to move higher, now
unbelievably above $4.00 per share. Shares of AMR Corp closed yesterday at
$4.00 per share, this merger with US Airways has given out more gains than
expected to shareholders. We have been reporting on AMR Corp since it was
trading at 0.60 cents per share. For a company in bankruptcy to return over
700% just goes to show you that headline news don't always win the day. Stay
tuned or sign up at our website to receive more companies like this.
Green Innovations was once again the second most heavily traded stock in the
small cap markets once more with shares trading over $25 million on the street
and shares seeing one of the best recoveries in recent times for a micro-cap
name. Green Innovations did trade to the downside for the first time since
this recovery in the stock began by quite a large margin to close yesterday
down by 16%. We will be tracking the stock today to see if the down day was a
blip on the screen and can return to winning ways in the markets today. Again
in similar fashion to AMR Corp as we have followed this name over the last
week it has jumped more than 150% from the lows.
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.
Anadigics (NASDAQ: ANAD) was predicted to trade lower going into the markets
today as the company announced they would be selling shares to raise money for
the company. Shares in Anadigics (ANAD) were indicating a lower open by
around 5% going into trading on the NASDAQ today.
Graphon Corp made up the small cap watch list today and the stock closed well
in yesterday's trading. Shares in GOJO traded higher by 17% on almost $2
million traded meaning there will be eyes on this stock ahead of the opening
bell today to see if shares in GOJO can move higher.
Eastman Kodak was back in the news in yesterday's trading as the stock moved
higher by 20% on almost $2 million in trading. Could Eastman Kodak experience
a similar recovery out of bankruptcy as AMR Corp did, it remains to be seen.
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 small cap 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.
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