New York, NY -- (ReleaseWire) -- 12/10/2012 -- AMR Corp. (OTCQB: AAMRQ), the parent company of American Airlines, is down in mid-day trading today, reversing some of the losses from last week. AAMRQ, which filed for bankruptcy in November last year, is currently down 2.09% to $0.562 on volume of 2.09 million, which is below the daily average volume of 2.36 million.
AAMRQ has gained more than 11% in the last three trading sessions. AAMRQ had an excellent run last week, finishing higher in four of the five trading sessions. The stock crossed $0.52 resistance level as a result of the rally. However, it is seeing a pullback in trading today probably due to profit booking.
AAMRQ is down today even as airline’s pilots last week approved a new contract.
Find out when AAMRQ could bounce back by reading the full free report here: http://www.wallstreetscoop.net/market-scan/?symbol=AAMRQ
Superior Venture Corp. (OTCQB: SVEN) is down sharply in mid-day trading today, extending its losses from last week. SVEN, which is engaged in the business of making films, has fallen sharply in trading today even as the company on Friday announced that its subsidiary Ilustrato Pictures connected with Disaster film expert Tony Mitchell on $15 million project. In fact, SVEN has announced a number of positive developments in the last two weeks; however, they have failed to spark a rally in the stock.
After rallying more than 200% on November 27, SVEN has fallen in five of the eight trading sessions. In today’s trading, the stock is down nearly 15% to $0.201 on volume of 2.43 million. The stock has fallen more than 32% in the last five trading sessions.
Find out when could be the best moment to trade SVEN by reading the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=SVEN
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