The recent stock melt-up cooled on Thursday, February 16, 2017, as stocks ended mostly flat. The Dow Jones Industrial Average increased 0.04%, the S&P 500 declined 0.09%, and the Nasdaq skid 0.08%, during today’s trading. Overall weakness in the U.S. dollar helped push commodities higher: crude oil jumped 0.60%, gold climbed 0.59%, and silver prices rallied 0.65%.

Micro-cap stocks resumed their rally on Thursday, as eight of the ten indices rallied today. Leading the rally higher was a three-way tie between the OTCQX Billion+, OTCQX Dividend Index, and the OTCQX International Index, which all rallied 0.71%. On the other hand, the OTCQX U.S. Index was today’s worst performer with decline of 0.23%.

OTCmarkets 2017-02-16
OTCmarkets 2017-02-16

Today’s Top OTC Winners:

  • Franchise Holdings International, Inc. (OTC Pink: FNHI) +90%: Shares of the tonneau cover manufacturing company shot up 90% on Thursday, February 16, 2017. However, there was no news or press released today. Overall, the stock saw volume of 42.4 million shares on the day.
  • Zenosense, Inc. (OTCQB: ZENO) +70.77%: The cardiac diagnostic medical device company soared 70.77% on Thursday, February 16, 2017. However, there was no official news or press released today. Overall, the stock saw strong volume of 1.6 million shares on the day.
  • Cannabics Pharmaceuticals, Inc. (OTCQB: CNBX) +45.05%: The cannabis pharmaceutical company continues to explode higher, after Thursday’s 45.05% rally. However, there was no official news or press released today. Overall, the stock saw volume of 3.4 million shares exchange hands today.
  • Falcon Oil & Gas, Ltd. (OTC Pink: FOLGF) +29.90%: The Ireland-based oil & gas company jumped 29.90% on Thursday, but there is no news or press on its OTCmarkets.com page. Overall, the stock saw strong volume of 3.5 million shares on the day.
  • RenovaCare, Inc. (OTCQB: RCAR) +23.31%: Shares of the biotechnology company rallied 23.31% today, but there has been no news or information released recently. Overall, the stock saw volume of 393,283 shares on the day.
  • United Cannabis Corp. (OTCQB: CNAB) +22.70%: Cannabis continues to be the hottest sector in the stock market. United Cannabis Corp. saw shares jump 22.70% on Thursday, February 16, 2017. But, the stock saw strong volume of 1.3 million shares on the day.
  • Mentor Capital, Inc. (OTCQB: MNTR) +19.36%: The marijuana investment company extends its rally for yet another day, after jumping 19.36% on Thursday. Overall, the stock saw volume of 1.05 million shares exchange hands today.
  • Airborne Wireless Network (OTCQB: ABWN) +18.52%: Shares of Airborne Wireless Network jumped 18.52% on Thursday, after the company appointed a new CEO. Michael J. Warren will be the new chief executive, who has a strong background in government operations.

Today’s Top OTC Losers:

  • MJP International, Ltd. (OTC Pink: MJPI) -35.90%: Shares of the green technology company dove 35.90% on Thursday, February 16, 2017. However, there was no news or press released today. Overall, the stock saw volume of 1.13 million shares exchange hands on the day.
  • Orbital Enterprises (OTC Pink: OBLR) -24.46%: Shares of the communications company dropped 24.46% on Thursday, February 16, 2017. The company saw explosive volume of 2.13 million shares on the day, after average daily volume of 3 shares over the past month.
  • Alkame Holdings, Inc. (OTC Pink: ALKM) -16.67%: The green technology company dropped 16.67% today, after recently announcing that it has resolved financial obligations through 3(a)(10) process.
  • Matinas Biopharma Holdings, Inc. (OTCQB: MTNB) -13.65%: The biopharmaceutical company declined 13.65% on Thursday, February 16, 2017. Overall, the stock saw strong volume of 382,217 shares on the day.

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