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Penny Stocks on the News: (OTCQB: AAMRQ), (OTCQB: FARE)


New York, NY -- (ReleaseWire) -- 01/11/2013 --AMR Corporation (OTCQB: AAMRQ) traded in the range of $1.14 and $1.44 during its latest trading session. The stock had opened at $1.33 and closed at $1.29, down 0.03 percent from its previous close. AMR Corporation has its first support level at $1.08. If the stock breaches this level, it may touch $1.05. AMR Corporation recorded the volume of 23.312 million shares, which is significantly higher than its average daily trading volume of 4.355 million shares.

AMR Corporation is currently going through Chapter 11 bankruptcy proceedings. It was established in 1934 and is based out of Texas. The company offers scheduled jet services.

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World Moto Inc. (OTCQB: FARE) stock closed its latest trading session at $0.11, down 22.38 percent from its previous close of $0.14. Its today’s volume of 55.813 million shares was higher than its usual trading volume of 33.828 million shares. The stock opened the session at $0.15 and touched its highest price point at $0.155.

World Moto stock’s lowest price point for the session stood at $0.101. The stock’s MACD chart shows neutral trend in the short term. Its first support level is at $0.09. Upon breaching this level, the stock may fall to $0.07 level. World Moto is based out of Thailand and deals in taxi meters.

Find out where FARE could be headed by getting the free full report here:

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