Goff Corporation Pulls Back in Heavy Trading Day on the Street - Small Cap
Stock Focus: Fannie Mae, GOFF Corporation, AMR Corporation, Nokia Corp,
Research In Motion
LONDON, April 4, 2013
LONDON, April 4, 2013 /PRNewswire/ --
Shares of Fannie Mae's amazing run to the upside from very low levels seemed
to come to an end after the stock failed to get through the key $1.00 mark to
close on Wall Street yesterday. The stock closed flat on the day with a
whopping $44 million exchanging hands, however with the volume half that of
the previous day we believe shares will trade lower ahead of the open today.
Remember we first started covering Fannie Mae at 0.30 cents before it went to
$1.50, on the second time around we have been covering since 0.50 cents and
has moved almost 100% in a week.
Goff Corporation closed Wednesday's trading session slightly lower on the day
after trading higher earlier in the session. Shares of Goff Corporation did
pull back around 9% after mainly trading up for the last two weeks. Shares in
Goff Corporation have now moved from 0.12 cents to the current price of 0.46
just since the middle of March, giving out potential gains of over 400%. It
does look like the initial run up is over for now but considering we saw heavy
volume to close on about $23 million there could still be more upside to be
traded. We will continue to follow the stock throughout the week to see if it
can build from here.
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 be 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 6% to close at the$3.50 level, which is the
first time in a couple of weeks the stock has closed this low.
Nokia Corporation (NY: NOK) was back in the news today with the shares moving
higher by 3% on positive outlook. Shares of Nokia (NOK) have not been in the
news much but it seems the volume has returned with the company trading over
$7 million on the over the counter market to close yesterday.
Research In Motion (NASDAQ: BBRY) continued to be one of the most active
stocks on the NASDAQ with much speculation surrounding the company, the launch
of its new phone, and time to see some numbers from the firm. We may see the
stock trade in a range for the next few weeks after being extremely volatile
but with good trading opportunities over the last few weeks.
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 Monday's 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
companies listed in this news release.
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