LONDON, April 22, 2014 /PRNewswire/ --
The volume was the smallest we have seen in weeks within the OTC
markets yesterday as many traders took off the extra day for
Easter, we expect that to pick up substantially today and continue
to increase over the next two months.
Minerco Resources (OTC: MINE) was again one of the heaviest
traded stocks within the small cap markets to close yesterday.
Shares in Minerco traded higher by 2% as they continue the
run higher with more than $2.5
million exchanging hands. This was much lighter volume
in the stock than we have seen over the last few weeks= due to the
holiday weekend.
Terra Tech Corp (OTC: TRTC) had another day finishing in green
territory as the stock closed right at the $0.72 level. The volume was more than
average with $4.9 million exchanging
hands which leads us to believe this stock can go a leg higher if
much heavier volume comes in today's trading action. The
current recent high in shares of Terra Tech is $1.42 and although some distance it has been
trading in a range for a while and looking to break out.
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Nuvilex (OTC: NVLX) was a new name being followed on the volume
watch list with shares trading flat on the day with below average
volume. Nuvilex had more than $1.6
million exchange hands in a strong days trading in the
company as it looks to rise higher to resistance.
MedBox, Inc. (OTC: MDBX) had a heavy days trading in a lightly
traded market 2with a close higher in the mid $23.00 range. The stock in similar fashion
to CannVest has been the subject of much attention since the start
of the year, climbing to more than $100 per share at one point. The volume was
over $2.5 million but has been
increased substantially over the last week as the stock has moved
30% since we last reported on Thursday of last week.
Creative Edge Nutrition (OTC: FITX) was another new name we
started to track in the volume charts as the stock had a solid days
trading closing higher by 10% on more than $3.3 million traded. Putting Fannie Mae
(OTC FNMA) aside this was one of the heaviest traded stocks within
the OTC markets as it looks like trading higher on momentum going
into the open today.
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SOURCE AMG Global Advisors Ltd