OTC Daily Trading News: Alkame Holdings, Inc. Sino Argo Food, Inc. Vuzix Corp, Sigma Labs, Inc. Asterias Biotherapeutics, Inc.
LONDON, September 10, 2014 /PRNewswire/ --
Alkame Holdings (OTC: ALKM) was the big mover in the OTC markets ahead of the open today. Shares closed higher by 167% yesterday and traded even higher on an intraday basis. The company announced an expansion with a new sales force into Hawaii and the markets seemed to like the news. The sell off into the afternoon session could be put down to profit taking and will be interesting to see the open on Alkame in today's trading. For our latest commentary on Alkame Holdings please click here.
Sino Argo Foo (OTC: SIAF) enjoyed a higher day on three times its normal daily volume as shares closed higher by 4.3% on almost 2 million shares. Shares have been in a firm uptrend all month as they recently announced a convertible debt offering. The 52 week high is now in sight for traders and could be achieved this week.
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Vuzix Corp (OTC: VUZI) closed right at the highs of the day and in the green by more than 4% in a busy day for shares where twice as many exchanged hands on the OTCBB. With the stock edging higher each month since the June timeframe this could be another stock on its way to a new high in the near future. For our recent commentary on VUZI please click here.
Sigma Labs (OTC: SGLB) announced the release of their latest software and shares closed up by 4.5% as that stock continued to move to the upside on increased volume. With nearly 4 million shares exchanging hands and a close above the resistance point, the week ahead looks good for Sigma Labs.
Asterias Biotherapeutics (OTC: ASTY) as one of the heaviest traded pink sheets in the market after trading 1.4 million shares, however was slightly lower on the day. An expected pullback after such a strong run recently in the stock, short term traders will see this as an opportunity if the volume stays high. For our latest opinion and news on ASTY please click here.
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