Solidarity: OTC Stocks Go Green To End The Trading Day

Solidarity sums up the afternoon trading session as 4 of the top 5 most actively traded OTC penny Stocks end the day green. Great Wall Builders (GWBU) stock led the rally closing at $1.56 on $18.45 million volume with 3,286 executed trades. The “booby” prizes of the day all going to Sefe Inc. (SEFE), Sunpeaks Ventures (SNPK) and LuxeYard (LUXR) as their penny stocks all finished much better than when the day started.

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Top 5 Most Actively Traded OTC Penny Stocks

Symbol Price Pct Chg $ Volume Volume Trades
GWBU 1.56 +4.64% 18,449,888 12,553,549 3,286
SEFE 0.845 +30.77% 2,696,981 3,446,589 1,185
SNPK 0.106 +25.29% 871,602 8,813,750 1,021
LUXR 1.221 +9.24% 1,620,578 1,345,558 810
DGRI 0.002 -37.50% 445,366 170,283,082 697

Honorable Mentions:

Symbol Price Pct Chg $ Volume Volume Trades
DOMK 2.66 +13.19% 2,501,468 968,923 604
RARS 0.1007 +30.78% 466,193 4,639,659 423
AAMRQ 0.497 +0.20% 712,685 1,425,110 281
OREO 0.97 +2.04% 634,333 674,854 275
VIBE 0.033 +27.41% 166,381 5,435,145 263

Other Stock Market Highlights outside of the OTC:

• Dow : 12,442; -156 pts, -1.24%
• NASDAQ: 2,814; -60 pts, -2.10%
• S&P 500: 1,305, -20 pts, -1.51%

These were the day’s top stories:

• European shares fell once again, after concerns as concerns about Greece and Spanish banks battered the markets. The DAX and CAC both dropped -1.2%, the FTSE MIB ended off -1.5%, and the IBEX closed down -1.1%.

• Warren Buffett bought 63 newspapers owned by Media General (NYSE: MEG) for $142 million. In a separate agreement, Buffett also purchased a 19.9% stake in Media General and extended it both a $400 million loan and a $45 million revolving credit line. MEG Stock closed up 33.12% at $4.18.

• Initial claims rose to 370K, slightly missing expectations for 367K. Markets barely responded to the announcement, and traders speculated about another round of quantitative easing from the Federal Reserve.

• The Philadelphia Fed Index of regional economic activity plunged unexpectedly to -5.8, missing analyst expectations of 10.0. The worst declines came from the employment sector, although most of the business components measured appeared to suffer.

• Fitch cut Greece’s credit rating on rising concerns that the country will leave the euro. It also said that a Greek exit from the eurozone would “break a fundamental tenet underpinning Fitch’s sovereign and other ratings in the eurozone,” signaling that such a development could bring more downgrades across the euro area.

• The Wall Street Journal reported that shares of Facebook (NASDAQ: FB) will sell for about $38, at the top of its $34-38 range, at the company’s long-awaited IPO on tomorrow.

• 25,000 job cuts will be coming to Hewlett-Packard Co. (NYSE: HPQ), as the company attempts to reduce costs and deal with declining demand for computers. HPQ shares closed up 3 cents at $22.06.

• J.P. Morgan (NYSE: JPM) CEO Jamie Dimon agreed to testify before the Senate Banking Committee after the company reported a $2 billion trading loss. Shares of JPM fell -4.31% to $33.93.

Bottom Line: The 9 green penny stocks are the few that are worth watching tomorrow while all eyes are on the Facebook (FB) IPO.


 

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