New York, NY -- (SBWIRE) -- 11/20/2012 -- Amarantus BioSciences Inc. (OTC:AMBS), a development-stage biotechnology company engaged in the discovery and development of therapeutic proteins and biologics for the treatment of Parkinson’s disease, traumatic brain injury (TBI) and other human diseases, is up sharply today.
AMBS is soaring in trading today after the company announced that it won the MANF patent challenge in Europe. At last check, AMBS was trading 13.83% higher at $0.0535 on volume of 16.74 million. The stock has revered some of its losses from last week. It has now gained nearly 5% in the last five trading sessions.
Technical indicators for AMBS are currently giving bullish signals. The stock could face resistance at around $0.06. However, if it breaks through this level then there is significant upside potential.
Find out if the time has come to start trading AMBS by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=AMBS
Greenway Technology (PINK:GWYT), which plans to operate as Andalusian Resorts and Spas, is seeing a sharp correction in trading today following Monday’s rally that saw the stock finish more than 160% higher. GWYT is currently trading 36.95% lower at $0.120 on volume of 3.89 million as investors book profit after Monday’s rally. Despite the sharp decline today, the stock is still up more than 71% in the last five trading sessions, thanks mainly to Monday’s rally.
GWYT surged on Monday after the company announced the opening of its corporate headquarters and the hiring of two key executives. Earlier today, GWYT announced that it plans to offer loyalty program and launch Andalusian brand.
Find out if GWYT could bounce back by getting the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=GWYT
Another major gainer on the OTC market today is E-Debit Global Corporation (PINK:WSHE). WSHE, which is engaged in the non-conventional banking industry in Canada, is soaring after the company announced the expansion of its GROUP-LINK e-commerce platform.
WSHE is currently trading 44.74% higher at $0.0275 on volume of 13.91 million, which is significantly above the daily average volume of 361,621. WSHE has had an excellent run in the last few days. The stock has gained more than 1200% in just the last three trading sessions.
The upward momentum is likely to continue as technical indicators suggest that the market sentiment is currently bullish on the stock. The stock has already broken through its 50-day and 200-day moving averages, which is a strong bullish signal. The MACD histogram is also indicating increasing upward momentum.
Find out more about when to trade WSHE by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=WSHE
Santo Mining Corp. (OTC:SANP) is another major loser on the OTC market in mid-day trading today. At last check, SANP was trading 18.83% lower at $0.535 on volume of 1.16 million. SANP has now fallen nearly 50% in the last five trading sessions, which indicates that the market sentiment is bearish on the stock.
The downward slide could continue before SANP finds support at around $0.5. The stock could rebound after hitting this level.
SANP, which is a junior mineral exploration company based in the Dominican Republic, on Monday provided an update on its recent operating activities.
Find out more about SANP by reading the free trend analysis report here; http://www.wallstreetreport.net/market-scan/?symbol=SANP">http://www.wallstreetreport.net/market-scan/?symbol=SANP
WallStreetReport.net issues momentum alerts on stocks that can provide gains to day traders. WallStreetReport.net provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. WallStreetReport.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetReport.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the WallStreetReport.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report believes traders should have a chance at successfully trading Penny Stocks and invites traders and investors you to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetReport.net
Disclosure: WallStreetReport.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Net website, for complete risks and disclosures.
Alexander K. Neumann
WALL STREET REPORT
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)