|By PR Newswire||
|January 3, 2013 09:18 AM EST||
NEW YORK, January 3, 2013 /PRNewswire/ --
The stock markets in the US are indicating a lower open today as investors focused on potential political battles on spending cuts. World Moto (OTC: FARE) traded heavy volume once again on Wall Street yesterday and continues to receive much attention in the OTC markets. FARE traded north of $4 million in trading and was higher by 8% on the day after announcing its new product and business plan for e-commerce.
Amarantus Biosciences (OTC: AMBS) continues its run forward on heavier than normal volume and solid price performance. AMBS was higher once more in Wednesdays trading session by 30% on the day with $4.7 million traded. The volume was more than double the previous day and AMBS has now traded from 0.07 cents right up to 0.17 cents on this recent run in the stock.
AMR Corp (OTC: AAMRQ) started making another run back at the physiological $1.00 mark in trading yesterday. AAMRQ traded substantial volume once more in the range of $4 million, and the stock was also higher by 8% on the trading day moving into Thursday's session.
Titan Pharmaceuticals (OTC: TTNP) also closed in the green yesterday after seeing its shares gain much attention for the first time in a few weeks. TTNP traded higher by more than 14% on $2.5 million traded on the OTCQB market.
KLA-Tencor (NQ: KLAC) managed to trade above its 200 day moving average, and close above that price which is normally a bullish sign for any stock. KLAC closed above the $49.50 mark and it remains to be seen if this stock can go ahead and break through the 52 week high price of around $55.00. The chip space is however indicating a lower open on Thursday due to general market weakness.
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