NEW YORK, March 01, 2013 - vb-news.net, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Swingplane Ventures, Green Innovations Ltd, Red Giant Entertainment, Medical Marijuana Inc.
SWINGPLANE VENTURES (OTC:SWVI) is one of the most talked about penny stock in few past weeks as we have seen a very high and unusual volume and price activities in the stock.
Shares of SWVI started to gain momentum in mid January when the stock was hovering around sub 20 cents. Then the stock saw a sudden spike up in price to as high as $1 by late February, which was a new high of SWVI.
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As the stock was moving up and up on very high volume, every penny stock lovers started to track the stock and many have shown trust on the stock. However, as soon as more and more people started to track SWVI, the stock saw a sudden sell off which had pulled the stock to $0.40 range in a single day on February 21, 2013.
By then, investors were cautious, but some bounce back happened in the following days and the stock recovered to 75 cents. But... the stock never bounced back above its new high. Since the stock was attracting huge volume, the company came with a statement stating that it was aware of the volatility in the trading volume and price of its stock. Company officials are taking issue with a lot of chatter on Internet blogs and chat rooms that they say is not accurate.
As the stock has been falling, the company has been trying to push investors by releasing multiple press releases about the company’s updates on Sampling Program related to the Algarrobo property.
However, investors continued to sell the stock. Although SWVI may bounce back, buying SWVI at the current situation is like catching a falling knife. So, one should need to wait and watch for SWVI.Green Innovations Ltd(OTC:GNIN) is another stock which is getting hotter as the stock has jumped about 55% in one week. The stock is now up 17% at $1.10 after announcing that its wholly-owned subsidiary, Green Hygienics, Inc. has completed a category review process with Whole Foods Markets and has been approved for sale at their stores across the United States.
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Earlier this week, the company had completed a category review process with Whole Foods Markets and has been approved for sale at their stores across the United States.
Red Giant Entertainment Inc(OTC:REDG) is gaining some ground and the stock rose 7% to $0.142 after slumping from its high of 26 cents to as low as 6 cents in a week.
Yesterday, the stock was down 50% at $0.10 after hitting a new low of $0.06. Yesterday, the company launched new intellectual property showcase. The new version of the site spotlights thirty-six comic properties, the cornerstone of their development platform. Of these, more than twenty transmedia projects are already in production, with most building immense audiences worldwide as serialized online webcomics.
Has REDG Reached The Bottom and Ready To Move Back To New highs? Get Free Trend Analysis Here http://vbtrendreport.com/aw/?code=REDG
Medical Marijuana Inc(PINK:MJNA) is a stock which has been showing continuous buying activities as the marijuana industry has been exhibiting resurgence in the last few months.
Recent government regulators have been in favor of the sector and this is reflected in the rise in stocks of the company in the segment.
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Recently, New York City became the latest city to announce that it would no longer arrest individuals on possession of marijuana, if they can provide an ID and do not have any outstanding warrants. Shares of MJNA have jumped about 300% in past couple of months.
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