Fannie Mae Shares Move Towards Key Level Ahead Of The Open - Small Cap Stock
Focus: Goff Corporation, AMR Corporation, Applied DNA Sciences, Research In
LONDON, April 2, 2013
LONDON, April 2, 2013 /PRNewswire/ --
Shares of Fannie Mae have been extremely volatile but look like they could be
ready for another surge this week after closing higher by 16% to close Mondays
session on a heavily traded $27 million. We will stay with the name to update
you on news and any movements, remember AMR Corp traded back down to $1.00
before bouncing back to $4.00 over a relatively short period of time. Stocks
trading this low tend to over-shoot on the upside as well as the downside so
worth keeping an eye on this name. Remember we first started covering Fannie
Mae at 0.30 cents before it went to $1.50 so this name potentially could still
be a 100% trade to the upside once more.
Goff Corporation closed Mondays trading session at a new high for the company
in what has been a steady two weeks of mainly upside trading for the mineral
exploration company. Shares in Goff Corporation have now moved from 0.12
cents to the current price of 0.53 just since the middle of March giving out
potential gains of over 500%. We will continue to follow the stock throughout
the week to see if it can build from here. It does appear that volume has
picked up after an initial drop off mid last week; in fact the company traded
well over the $10 million mark ahead of today's open.
AMR Corp is another example of a stock people had given up hope on and we have
been covering for 3 months now. During that time shares of AMR Corp have
risen as much as 700% from top to bottom and it just goes to show you that
recently with names like AMR Corp, Eastman Kodak, Fannie Mae, and Freddie Mac
that there are plenty of profits to made by trading the OTC market if you are
a prudent investor, or you're a member of http://www.clubpennystock.com.
Shares of AMR Corp moved lower by 2% to close at $4.06. It seems the volatile
part of this trade is over now, however the volume is still very heavy so the
trade could still be on even though it's at the top end of the range.
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.
Applied DNA Sciences was back in play on the volume focus list after its day
on Monday back trading heavier volume than normal. Shares of Applied DNA
Sciences closed higher by 3% on over $3 million traded. The stock traded
higher in the morning session but shares pulled back to close the day.
Shares of Research in Motion (NASDAQ: BBRY) were the heaviest traded on the
entire NASDAQ in Mondays session with the launch of the new Z10 and in
addition the company swinging to a surprise profit in the last quarter. Some
analysts have price targets as high as $70.00 per share on the Canadian
handset maker which is a substantial move from $15.00 if the stock continues
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
listed in this news release.
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