LONDON, May 22, 2014 /PRNewswire/ --
Stocks within the OTC market continued to trade lower across the board in trading yesterday as we approach todays open for the stock market. Short term traders are looking for at least one green day to hang their hats on this week as it continues to be a stock pickers market for many investors even though there are obvious pockets of strength.
Kirin International (OTC: KIRI) was the best performer in the markets to close trading and all eyes will be on this stock in this morning's trading session as it looks to hold its gains of 225% in trading. The last two trading sessions have been blow out days for the maker of personal vaporizers which are taking the market by storm. Moving higher from $0.20 to close at $0.30 and then following that up to close at a remarkable $1.01 which is 5 times higher than where this stock was trading earlier in the week. If shares can hold above $1.00 this morning they have a good chance to trade to a new high.
Frozen Food Gift Group (OTC: FROZ) like many stocks on the OTC closed lower on Wednesday going into Thursdays open. Unfortunately this company has been in a downtrend since the middle of April without any let up since it last hit a high of $0.025. In fact after closing at a new fresh low there is a reasonable chance we could see shares bounce off the bottom as traders look for bargains, many times we see stocks that have traded down for so long turn into doubles due to traders who were short covering their positions.
If you are looking to receive our latest weekly picks as well as the latest news and volume trades sent directly to your inbox we invite you to sign up directly at Super Stock Profits or by copy and pasting the following into your browser http://www.superstockprofits.com.
Gray Fox Petroleum (OTC: GFOX) looks excellent from a technical standpoint going into trading at the end of this week. After reaching a new low point in the share price on May 7th shares have rebounded to test the $1.00 mark on the upside once again. Intra-day trading bought shares close to the mark with the high of the day being $0.997, and if shares break through that resistance today they could be in for another solid day to the upside. Shares in Gray Fox closed higher by 17% on the day.
Amarantus Bioscience Holdings (OTC: AMBS) managed to hold on to the gains in its stock price over the last week finishing close to flat with shares higher by 1% after a big jump higher this week. Amarantus would like to see the stock price back towards the recent 52 week high of $0.139 to support the recent good news in the name.
To round off our stock focus list today we looked at shares of Propanc Health Group which enjoyed another green day closing higher by 55% on the trading day. It's been a high flying week for this new name after moving from $0.10 to a price of $0.42 in just over a week. If we see real increased volume come into the shares then this is the sort of stock we have seen run straight to $1.00 in price.
Super Stock Profits releases our daily trading report of the top trading volume and percentage leader plays within the small cap markets, keeping you up to date with the latest picks and the latest news on the stocks in focus.
Disclosure: Super Stock Profits is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities but for informational purposes only. Investors should always conduct their own due diligence with any potential investment. Super Stock Profits is affiliated with AMG Global Advisors Ltd which is a FINRA registered company (168847). We have not been compensated by any of the companies listed in this news release
SOURCE AMG Global Advisors Ltd