New York, NY -- (ReleaseWire) -- 01/17/2013 -- Zippy Bags Inc. (OTCQB: ZPPB), a specialty hybrid sporting goods bag manufacturing company, is down sharply in mid-day trading today even as the company announced a 2 for 1 stock dividend. Janet Somsen, CEO of ZPPB, said that with the addition of numerous shareholders and the company’s expanding market awareness it is the management’s intention and obligation to ensure that old and new shareholders have confidence in the company.
ZPPB said that it has already started with the paperwork to process the dividend for the immediate future. At last check, ZPPB was down 5.90% to $0.255 on volume of 4.03 million, which is well above the daily average volume of 769,082. Despite the sharp decline today, ZPPB has gained more than 183% in the last three trading sessions.
Find out when ZPPB could bounce back by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=ZPPB
AMR Corp. (OTCQB: AAMRQ), the parent company of American Airlines, is marginally higher in mid-day trading today. At last check, AAMRQ was trading 0.67% higher at $1.51 on volume of 3.72 million, which is below the daily average volume of 9.80 million.
AAMRQ is gaining after the company reported its fourth-quarter financial results. The company swung to a profit in the fourth quarter due to a tax benefit.
AAMRQ has been facing stiff resistance at around $1.60. A strong bullish trend will be established if the stock can break through this level. The stock has support ataround $1.50.
Find out if AAMRQ could pick up more steam on the very short term by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=AAMRQ
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