Top 3 OTC-BB and Pink Sheet Market Movers
China Armco Metals, Inc. (CNAM), Yasheng Eco-Trade Corporation (YASH), and Direct Insite Corporation (DIRI) were among today’s top OTC stock market movers.
China Armco Metals, Inc. [[CNAM.OB]], which imports and distributes metal ores and non-ferrous metals to the metal refinery industry in China, saw its shares jump more than 50 percent after announcing strong results for the second quarter. The company’s revenues jumped 71.2%, while net income increased 82.2% over the same period a year ago.
Yasheng Eco-Trade Corporation [[YASH.OB]], an independent natural resource company focused on the acquisition and development of undervalued assets, saw its shares jump more than 12 percent after being featured in several newsletters.
Direct Insite Corporation [[DIRI.OB]], which operates as a software as a service (SaaS) provider focused on financial supply chain automation, saw its shares jump more than 60 percent after announcing record revenues of $2.88 million and net income of $684,000 for the second quarter year-over-year.
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