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OTC MArkets Report

Penny Stocks on the Move on July 18: LQMT, XUII, NVIV, MARA

LQMT logoLiquidmetal Technologies, Inc. (LQMT) – LQMT has caused a total explosion on the penny stocks market as the company’s stock value skyrocketed yesterday, which was caused by a speculative publication on Yahoo Finance called “Will the iPhone 5S Be Made from This Super Strong Alloy?”.

The publication contained certain suppositions which caused investors to rush the stock causing a whopping 223% increase in LQMT share price during the last trading session. What caused all this commotion about LQMT was the speculation that Apple “could potentially make enough liquidmetal to use it for a mass-produce device, like the iPhone”, after it was granted a “bulk amorphous alloy sheet forming process” patent.

So far Apple has only used LQMT’s liquidmetal to make the SIM eject tool for the iPhone, but certain commentators started speculating that the whole casing of the upcoming iPhone 5S may be made of this “revolutionary alloy”.

As a result of this speculations, yesterday a mind-blowing 91 million shares of LQMT common stock changed hands, which is 30 times higher than the monthly average, while LQMT jumped 223% to $0.2 per share.

Currently LQMT is undisputedly the most heavily traded penny stock on the OTC Markets having generated a trade value of $9.4 million during the first two hours of trading. At the same time, shares of LQMT stock are trading 21% lower at $0.159 per share on a much higher than average volume of 72 million.

The correction may mean that the investors are taking back profits from yesterday’s stock explosion or they are realizing the speculative nature of the LQMT’s bullish spike. In any case, LQMT will likely continue to be in the focus of the OTC Markets in the coming days as well.

XUII logoXumanii (XUII) – This week XUII tried an assault on the 52-week high, which the stock reached in May, but it failed. On Tuesday, XUII pressed hard on the resistance at $0.425 but eventually didn’t receive enough support from investors and fell 2% to $0.39 per share on a below average volume of 10.3 million.

XUII simulated another attack on the resistance today after it started with a gap up at $0.41 and pushed straight to an intraday high at $0.415 but in the last trading hour the stock was inflicted by a strong selling pressure which brought the share price down 3% to $ 0.387 per share on a below average volume of 7 million.

Yesterday, XUII announced that it had merged with and into its wholly owned subsidiary Xumanii International Holdings Corp. Thus, the company has changed its name which reflects its ambition to penetrate international markets and create operating subsidiaries in different countries around the world. After the announcement XUII stock value jumped 1% on a higher than average volume of 22 million, sending the company’s a market cap up to $135 million.

NVIV logoInVivo Therapeutics Holdings Corp (NVIV) – NVIV is also on the front line of most actively traded penny stocks today. The stock has so far generated a trading value of $1.2 million

However, today NVIV stock is sliding down after it hit a new 52-week high at $5.35 per share on the last trading session. Currently shares of NVIV stock are trading 3% lower at $5.17 per share on a below average volume of 285 thousand.

NVIV went through another significant bull run after it was announced that the company was teaming with the New York Mets to create Major League Baseball’s first spinal cord injury day on Sunday, September 15th at City Field.

Meanwhile, Francis Reynolds, NVIV’s CEO and CFO, keeps turning chunks of its holdings in the company into cash. Thus, yesterday another From-4 report showed that this week Mr. Reynolds had sold 36 thousand shares of his beneficial ownership in the company.

MARA logoMarathon Patent Group, Inc. (MARA) – MARA is heavily traded today after the company released more details about the recently signed license agreement with Sampo Portfolio.

In fact the trading interest towards MARA stock already surged up conspicuously yesterday when more than 3.3 million shares of the company’s common stock changed hands, which is ten times higher than the monthly average. Also due to the increased demand MARA stock value rose 13% to $0.45 per share during the last trading session giving the company a market valuation of $23 million.

Currently, shares of MARA stock are trading 3% higher at $0.464 per share on above average volume of 1.4 million. The stock has also generated a trade value of $653 thousand during the first three hours of trading.

MARA is climbing up today after it announced that its wholly owned subsidiary, Sampo IP LLC., had entered into a license and settlement agreement with a leading technology company. Meanwhile, today the company also filed an S-1 Form in order to register 8.2 million common stock and 1.1 million common stock underlying warrants.

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