Volume Gaining Champions of the Penny Market: BMSN, FARE, AMBS, MJNA
Bio Matrix Scientific Group Inc (PINKSHEETS:BMSN) closed the session at $0.0026, by surging +18.18%. The beta of the stock remained 0.43. On January 22, 2013, the number of shares traded by BMSN was 103.83 million, compared to average trading volume of 118.66 million shares. BMSN’s earlier performance showed it an upward mover as the one-month trend showed a increase of +766.67%. If we take a look at its previous three month’s trend, it also demonstrates a positive move of +8.33%.
Net Profits Ten Inc (OTCBB:FARE) was a strapping volume stock of the preceding trading activity, as its number of shares traded in the last trading day were 54.89 million, while its average trading capacity was 30.39 million shares. The stock was a negative mover in its three month’s performance as it plunged -60.33% and its 5 days performance was in the red as it dropped -27.44%. On January 22, 2013, the stock showed a positive movement of +91.32% and had a market capitalization of $17.97 million.
The third stock among the volume gainers was AMARANTUS BIOSCI INC (OTCBB:AMBS) trading with volume of 18.56 million shares, compared to its average volume of 21.61 million shares. Here is an outlook of some prior trends of AMBS: The 6-month performance was positive and the stock surged +884.69%. The 3-month performance was also hot as it moved ahead +1456.45%. The one month performance also showed it a gainer of +52.21%. AMBS has filed form 8-K to the Securities and Exchange Commission, regarding Financial Statements, Company’s exhibits, as well as other events.
Medical Marijuana Inc (PINKSHEETS:MJNA) traded with volume of 18.04 million shares. Its average volume was 7.52 million shares. The percentage change of the stock was also hot as MJNA surged +23.42% in the previous trading period. The year-to-date performance of the stock remained active as it escalated +46.63%. The stock was a big bull when taking a look at its 6-month performance, as it advanced +393.67%. MJNA has reported its 4th quarter financial results ending December 31, 2012. The Company reported net income of roughly $3.39 million on gross revenues of $5.10 million, gross revenues advanced in excess of $2.0 million, versus the quarter ended September 30, 2012.
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