Despite the early morning sell off in U.S. stock futures and global markets, U.S. stocks have managed to stage an impressive rally on Wednesday, November 9, 2016. Asia and European markets faced significant losses as the international community reacted to the Donald Trump victory. It appeared that the fear and sell off would continue into the U.S. trading session. However, the S&P 500 rallied 1.10% on the day and the Dow Jones Industrials is nearing all-time highs.

Micro-cap stocks participated in the rally on Wednesday, with nine of ten indices closing in positive territory. Only the OTCM ADR Index closed in negative territory. In addition, only the OTCQB Venture Index managed to outperform the S&P 500 during today’s trading, with a 1.20% rally.

OTCMarkets-2016-11-09
OTCMarkets-2016-11-09

Today’s Top OTC Winners:

  • Gold Torrent, Inc. (OTCQB: GTOR) +81.82%: Junior gold mining company, Gold Torrent, Inc., saw shares surge over 80% on Wednesday, November 9, 2016. While there is no news out specifically on the company, gold initially surged overnight, as the election votes were being tallied and markets sold off. However, gold has given up nearly all of its gains to close up 0.16% on the day. The company saw volume of 100 shares, compared to average daily volume of 348 shares over the past three months.
  • PT Bumi Resources TBK (OTC Pink: PBMRY) +79.32%: Shares of the Indonesia-based energy company soared on Wednesday. However, there was no news or press to explain the cause of the rally. The company saw volume of 1,000 shares, compared to average daily volume of 61 shares over the past three months.
  • MobileSmith, Inc. (OTCQB: MOST) +73.33%: The cloud services company saw shares soar on Wednesday. However, there was no new press or recent news to explain the rally. The company saw volume of 3,783 shares, compared to average daily volume of 52 shares over the past three months.
  • CorGreen Technologies Holding Corp. (OTC Pink: CGRT) +50%: Shares of the California-based cannabis company surged 50% on Wednesday. While there is no company-specific news out today, the rally today could be attributed to the passing of California’s Prop 64, which legalizes marijuana for recreational use. The company saw volume of 100 shares, compared to average daily volume of 6 shares over the past three months.
  • Eco Energy Tech Asia, Ltd. (OTC Pink: EYTH) +50%: The Hong Kong-based climate control agriculture company continues to see volatile moves in recent trading sessions. However, there continues to be no news or press to explain the volatility.
  • Peabody Energy Corporation (OTC Pink: BTUUQ) +49.82%: Coal mining company, Peabody Energy Corporation, was featured in one of our morning articles The company is seeing shares surge today, after Donald Trump was announced the winner of the election. Trump has been pro-coal and stated he will bring back coal jobs.
  • Marapharm Ventures, Inc. (OTCQB: MRPHF) +44.50%: Shares of the medical marijuana company rally 44.50% on Wednesday, after the company discusses the passing of Nevada marijuana legalization and plans for aggressive expansion within the state.
  • WOWI, Inc. (OTC Pink: WOWU) +43.50%: Shares of the marijuana consulting company have continued to see volatile swings over the past many trading sessions. However, there is no news or press to explain the rally. With that said, the passing of several marijuana ballot initiatives is lifting many stocks within the industry today. The company saw volume of 6,738 shares, compared to average daily volume of 244 shares over the past month.

Today’s Top OTC Losers:

  • IEG Holdings Corp (OTCQX: IEGHD) -33.33%: Shares of the online loan provider took a hit today, losing a third of its market value. The sell off comes just days after the company announced that two board members resigned, 150% in loan use, reverse split planned, and more.
  • New Energy Exchange Ltd. (OTC Pink: EBODF) -26.82%: Shares of the Hong Kong renewable energy company sold off on Wednesday, yet there is no company-specific news or press to explain the sell off. The company saw volume of 2,332 shares, compared to average daily volume of 193 shares over the past three months.
  • Tofutti Brands, Inc. (OTCQB: TOFB) -23.91%: Shares of Tofutti Brands, Inc. dove on Wednesday, November 9, 2016. The company saw volume of 4,210 shares, compared to average daily volume of 3,391 shares over the past three months.
  • Electrovaya, Inc. (OTCQX: EFLVF) -20.35%: Shares of the electric transportation battery maker skidded on Wednesday, November 9, 2016. The sell off comes after the company released a lengthy business update. The company saw volume of 65,273 shares, compared to average daily volume of 15,124 shares over the past three months.

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