Red seems to be the color of the morning on Friday with the Dow Jones (INDEXDJX: .DJI) down more than 150 in early trading. Much of the over-the-counter bulletin board is not faring any better. Federal National Mortgage Association (OTCBB: FNMA) is the most active on the day with over 600 trades so far; shares of FNMA are up more than 6% to $0.3876. Nanoviricides (OTCBB: NNVC) is also active today with 460 trades in the first hour and a half of the trading day. NNVC has dropped to $1.092, down more than 12%.
Rounding out the rest of the most active this morning on the OTCBB on Friday are:
Federal Home Loan Mortgage (OTC: FMCG) is up 4.5% at $0.418 after 352 trades.
Constitution Mng (OTC: CMIN) is trading down 5.23% at $0.89.
Elray Resources (OTC: ELRA) is up nearly 7% to $0.1122 with 163 early trades.
Global Earth Energy (OTC: GLER) is off more than 20%, currently trading at $0.0399 after its first 141 trades. GLER announced Wednesday, August 4th that its subsidiary, RCI Solar, installed its first solar car wash system.
Neah Power Systems (OTC: NPWXZ) is trading off over 10% from yesterday’s close. NPWZ is currently trading at $0.094 after 121 early trades.
A5 Laboratories (OTC: AFLB) traded 115 times in Friday’s early hours, down 5% to $0.94.
Sierra Resource Group (OTC: SIRG) is off more than 30% this morning, trading at $0.28. Early in today’s trading session SIRG has 113 trades.
Closing out the top ten, Tamm Oil & Gas (OTC: TAMO) is the tenth most active bulletin board company this Friday morning. TAMO is up nearly 5.5% after its first 113 trades to $0.58.