New York, NY -- (ReleaseWire) -- 12/20/2012 -- AMR Corp. (OTCQB: AAMRQ), the parent company of American Airlines, is continuing to rally in mid-day trading today. AAMRQ has been rallying over the last couple of weeks amid reports that the company is close to merging with US Airways Group Inc. AAMRQ had filed for bankruptcy in November 2011 and since then the airline has been seen as a takeover target.
AAMRQ is currently trading 4.85% higher at $0.930 on volume of 3.04 million. The stock hit a 52-week high of $0.94 in trading today. AAMRQ has gained more than 86% this month. The rally could continue on takeover speculation.
Find out if AAMRQ should be added in traders top watch list by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=AAMRQ
AmarantusBioSciences Inc. (OTCQB: AMBS), a development-stage biopharmaceutical company, is sinking in mid-day trading today, reversing some of its gains from the previous trading sessions. AMBS is currently trading 17.32% lower at $0.0525 on volume of 17.23 million, which is below the daily average volume of 23.97 million.
Despite the losses in trading today, AMBS is still up more than 20% for the week. The stock had rallied after reporting last week that it licensed LymPro Alzheimer’s Disease Diagnostic Blood Test from Memory Dx LLC. The company had also announced last week that it launched online corporate communications channels.
The sharp loss today on substantial volume suggests that the bullish trend in AMBS is coming to an end. The stock has slipped after once again failing to break through $0.07 resistance level.
Find out what’s the best move traders could do with AMBS by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=AMBS
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains.
WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetScoop.net
Disclosure: WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.
Wall Street Scoop