U.S. stocks managed to regain their footing Wednesday, after facing a steep sell off during President-Elect Trump’s press conference. Despite the S&P 500 and Nasdaq slipping into negative territory during the speech, all three majors managed to rally into the close. The Dow Jones rallied 0.50%, the Nasdaq saw gains of 0.21%, and the S&P 500 ended up 0.28% higher on Wednesday, January 11, 2017. Meanwhile, crude oil prices rebounded nearly 3% Wednesday, after seeing sharp losses early in the 2017 trading year. Gold prices continued on its win streak, as spot prices rallied 0.55%. However, silver prices managed to see slight losses of 0.40% on Wednesday.

Micro-caps stocks had a fantastic trading day on Wednesday, as nine of the ten indices managed to gains during the day’s trading session. The OTCQX Canada Index continues to lead all micro-cap rallies higher and did just that today, after a 2.30% rally. Meanwhile, the OTCQX U.S. Index was the only laggard on the day, which declined 0.20%.

OTC Markets 2017-01-11
OTC Markets 2017-01-11

Today’s Top OTC Winners:

  • Republic Airways Holdings, Inc. (OTC Pink: RJETQ) +59.09%: On a day where oil prices surge 3%, it is interesting to see regional airliner, Republic Airways Holdings, Inc., shoot up nearly 60%. The bankrupt airliner did not have any news or press released today that could be found. Overall, the stock saw volume of 5.63 million shares exchange hands today.
  • Peabody Energy Corp. (OTC Pink: BTUUQ) +34.18%: The bankrupt coal giant has seen increasing volatility lately, after reports surfaced that senior debt holders had no yet approved the company’s reorganization plans. However, the stock caught a break Wednesday, after the stock soared 34.18%. With that being said, there were no new updates or information to explain the stock’s surge. Overall, the stock saw volume of 990,657 shares exchange hands on Wednesday, January 11, 2017.
  • AXIM Biotechnologies, Inc. (OTCQB: AXIM) +27.77%: The CBD biotechnology company saw shares jump 27.77% on Wednesday, January 11, 2017. However, there was no new press or news out today. Overall, the stock saw volume of 307,255 shares exchange hands today.
  • OWC Pharmaceutical Research Corp. (OTCQB: OWCP) +26.71%: The Israeli cannabis company continued to rally Wednesday, up 26.71%. However, there is no recent news or press that could be found from the company. Overall, the stock saw volume of 10.27 million shares exchange hands during today’s trading.
  • World Media & Technology Corp. (OTC Pink: WRMT) +24.02%: The wearable technology company continued to rally on Wednesday, January 11, 2017, after the company released positive press yesterday. However, there were no new updates that were released today. Overall, the stock saw volume of 126,469 shares exchange hands on Wednesday.
  • Hemp, Inc. (OTC Pink: HEMP) +15.56%: The industrial hemp company saw shares climb 15.56% on Wednesday, after the company announced it is planning to grow 3,000 acres of industrial hemp in North Carolina this year.
  • Kaya Holdings, Inc. (OTCQB: KAYS) +13.55%: The cannabis holding company continued to rally Wednesday, after announcing plans to boost marijuana tourism services and businesses.
  • mCig, Inc. (OTCQB: MCIG) +11.39%: The vaporizer manufacturer climbed 11.39% on Wednesday, January 11, 2017. However, there is no recent news or press that could be found. Overall, the stock saw volume of 11.4 million shares exchange hands on the day.

Today’s Top OTC Losers:

  • OPT Sciences Corp. (OTC Pink: OPST) -25.93%: The “dark or defunct” precision optical components manufacturer saw shares dive 25.93% on Wednesday, January 11, 2017. However, there was no news or press that could be found. Overall, the stock saw volume of 28,794 shares exchange hands during today’s trading.
  • InterCloud Systems, Inc. (OTCQB: ICLD) -14.47%: The cloud services provider saws shares drop 14.47% on Wednesday, January 11, 2017. However, there has not been any news or press released yet in 2017. Overall, the stock saw volume of 16.94 million shares exchange hands on the day.
  • Lexaria Bioscience Corp. (OTCQB: LXRP) -10.70%: The food sciences company saw shares dip 10.70% on Wednesday, but there was no news or press to explain why shares sold off today. The stock saw volume of 1.47 million shares exchange hands on the day.
  • Novus Acquisition & Development Corp. (OTC Pink: NDEV) -7.34%: The acquisition and development company saw shares skid 7.34% on Wednesday, January 11, 2017. However, it has been awhile since the company released any official news or press. Overall, the stock saw volume of 2.38 million shares exchange hands on Wednesday.

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