LONDON, May 28, 2014 /PRNewswire/ --
We have seen a significant volume pick-up in the over the
counter markets with this holiday shortened trading week. In
the last couple of weeks before summer trading kicks in traders are
taking advantage and looking to make profitable trades before
running off to the Hamptons.
Lab Style Innovations Corp (OTC: DRIO) was a double digit gainer
to close trading yesterday ahead of the market open today finishing
higher by 15.7% in a very positive days trading. Since
presenting at the Marcum Microcap Investor Conference shares have
been trading higher and recovered to be hitting resistance in the
$1.60 range which is a 'Triple Top'
for the company. If shares continue to trade higher in
trading today then DRIO could form a base at the level it was
trading at back in March.
Fresh Healthy Vending (OTC: VEND) closed lower by 7.2% after
recently launching Fresh Micro Market: an unstaffed, fully
automated self-checkout retail market which is stocked regularly
with snacks and meal options. The franchise focused company
has made waves in the small cap markets this year after trading as
high as $10.00 at the high point.
Currently trading at $2.28
represents a low point for the stock over the last quarters trading
and remains stuck firmly in a downtrend. If shares are to trade
higher traders are looking for a break of $2.50 to the upside.
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VGTel (OTC: VGTL) was one of the big upside winners on Tuesday
as the markets re-opened from the long weekend. With a new
CEO in Greg Wells named just a week
ago the shares have recovered form there recent low and now trade
at $0.50 after a move of 25% to the
upside in trading yesterday. Ahead of the open today traders
are looking for the stock to get up to the $0.65 range where a new level of support
lies.
Blue Earth (OTC: BBLU) traded fairly flat o close trading lower
by just 3% on the trading day. After trading higher earlier
in the session for a high point of $2.73 shares retraced to close at $2.57. With the yearly high set at almost
$4.00 there still looks to be value
in the name with value investors taking a look at most stocks
trading at a low for the quarter, meaning there would be strong
potential for a short term spike in shares.
Eco-Shift Power (OTC: ECOP) rounds off our daily focus list with
OTC land and the stock closed higher once more as they close in on
a key level at $0.92. Shares in
Eco-Shift have been in a firm up-trend since the April timeframe
and have not shown much sign of slowing down. We did see some
profit taking yesterday with shares trading right up to
$0.91 intra-day, just a penny off a
new high before closing at $0.79.
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