LONDON, September 3, 2014 /PRNewswire/ --
The volume picked up substantially following the long weekend and most stocks within the OTC markets have seen large increases from the summers light trading. Following a strong day yesterday for many of these companies' traders will be looking for a follow through in in terms of momentum in today's session.
Natural Health Trends Corp (OTC: NHTC) has been one of the best performing OTC stocks we have seen in some time as the volume brings real players into the company. After doubling over the last month Natural Health Trends closed at yet another all-time high of $15.13 which was 7% higher on the day. The volume is now amongst the heaviest in terms of dollars on the OTCBB trading board and from the price it closed at yesterday, (right on the high) it's almost a given that the stock will go higher on the open this morning. For our latest commentary on shares of Natural Health Trends click here.
Implant Sciences Corp (OTC: IMSC) was another stock lighting up the boards over the last trading week and off to a strong start after the long weekend. After breaking through to a new high of $1.66 intra-day shares closed at $1.56 going into today's open. As with many of the OTC stocks this week we have seen a noticeable pickup in the volume.
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Lamperd Less Lethal (OTC: LLLI) continued its volatile path higher as yet another day where the shares moved more than 100% in a single trading day. Investors don't care as long as the stock price moves higher, and for the short term trader they will be attracted to the big swings. Lamperd Less is now coming up on the yearly high at $0.25 which it will most likely hit this week at the rate the company is trading.
OncoSec Medical (OTC: ONCS) was back in focus as all the heavy hitters started trading again following the labor day weekend break. OncoSec was higher by double digits as the stock broke $0.50 on the upside and closed higher by 13% on the day. The volume was around 3 times the daily average as the company announced upcoming presentations at five different events.
Rounding up our daily OTC news focus was shares in Liquidmetal Technologies (OTC: LQMT) which made it a clean sweep of green stocks after closing higher by more than 9%. Trading in excess of 7 million shares it really shows the volume increase compared to last week's average of around 1.5 million. Liquidmetal closed at $0.25 on the day.
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SOURCE AMG Global Advisors Ltd