Stocks closed out the week slightly higher on Friday, February 17, 2017, as equities rallied into the close. The Dow Jones ended unchanged at 0.02%, S&P 500 saw slight gains of 0.17%, and the Nasdaq saw solid returns of 0.41%, during Friday’s trading. Broad strength in the U.S. dollar put pressure on commodities today: crude oil increased 0.04%, gold dropped 0.43%, and silver declined 0.52%.

Micro-cap stocks largely ended the week on a lower note, as only three of the ten indices managed to see positive price action today. Leading the decline was the OTCQX Canada Index, which dove 1.71% today. On the other hand, the OTCQX Banks Index was Friday’s best performing micro-cap index, with a 1.97% rally.

OTCmarkets.com 2017-02-17
OTCmarkets.com 2017-02-17

Today’s Top OTC Winners:

  • Independent Alliance Banks, Inc. (OTCQX: IALB) +65.41%: Shares of the financial holding company soared 65.41% on Friday, February 17, 2017, after the company announced that it has entered into a partnership with First Merchants Corporation.
  • OWC Pharmaceutical Research Corp. (OTCQB: OWCP) +36.57%: Shares of the Israeli cannabis company shot up 36.57% on Friday, February 17, 2017. The rally comes after the company announces it will be presenting at Lyons Capital’s Wall Street Conference.
  • Cannabics Pharmaceuticals, Inc. (OTCQB: CNBX) +36.52%: Shares of the CBD pharmaceutical company continue to rally nonstop, after an additional 36.52% gain on Friday, February 17, 2017. However, there was no official news or press released today. Overall, the stock saw volume of 8.21 million shares on the day.
  • Franchise Holdings International, Inc. (OTC Pink: FNHI) +31.58%: Shares of the tonneau cover manufacturer are rallying for a second consecutive day. However, there is no official news or press to explain the source of the rally. Overall, the stock saw volume of 24.73 million shares exchange hands on the day.
  • Falcon Oil & Gas, Ltd. (OTC Pink: FOLGF) +23.68%: The oil & gas company jumped 23.68% on Friday, February 17, 2017, but there is no news or press on its OTCmarkets.com page. Overall, the stock saw volume of 3.72 million shares on the day.
  • Neutrotrope, Inc. (OTCQB: NTRP) +22.72%: Shares of the biopharmaceutical company charged 22.72% on Friday, February 17, 2017, after the company’s upcoming Alzheimer’s trial was subject to bullish speculation.
  • Peabody Energy Corp. (OTC Pink: BTUUQ) +22.10%: Shares of the bankrupt coal company rallied 22.10% on Friday, as prospects for the coal industry continues to climb under the President Trump administration. Overall, the stock saw volume of 1.32 million shares on the day.
  • Bemax, Inc. (OTC Pink: BMXC) +17.93%: Shares of the global distribution company increased 17.93% on Friday, February 17, 2017, but there was no official news or press that could be found. Overall, the stock saw volume of 15.61 million shares on the day.

Today’s Top OTC Losers:

  • Paragon Offshore PLC (OTC Pink: PGNPQ) -38.89%: Shares of the bankrupt offshore oil & gas company dove 38.89% on Friday, February 17, 2017. However, there was no news or press released today. Overall, the stock saw volume of 8.4 million shares on the day.
  • Zenosense, Inc. (OTCQB: ZENO) -34.23%: The cardiac medical equipment company saw shares drop 34.23% on Friday, but there is no official news or press that has been recently released. Overall, the stock saw strong volume of 911,698 shares on the day.
  • Alkame Holdings, Inc. (OTC Pink: ALKM) -13.33%: The health and wellness company declined 13.33% on Friday, February 17, 2017. However, the company did not release any news or press today. Overall, the stock saw strong volume of 388.14 million shares on the day.
  • Toshiba Corp. (OTC Pink: TOSYY) -10.21%: Shares of the Japanese electronic giant dropped 10.21% on Friday, as the company continues to grapple with massive nuclear energy losses in the United States.

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