New York, NY -- (SBWIRE) -- 11/19/2012 -- Greenway Technology (PINK:GWYT) is amongst the biggest gainers on the OTC market in mid-day trading today. At last check, the stock was trading 80.56% higher at $0.130 on volume of 15.56 million, which is significantly above the daily average volume of 65,156.
The sharp rise in GWYT today on significantly higher volume is a bullish signal. The bullish trend is confirmed by GWYT’s performance in the last few trading sessions. In the last three trading sessions, GWYT has gained more than 160%.
The rally in today’s trading was sparked by some major announcements. GWYT, which plans to operate as Andalusian Resorts and Spas with properties located in Palm Springs, California and Las Vegas, Nevada, today announced the opening of its corporate headquarters. The company also announced the hiring of two key executives.
Find out how these announcements could benefit GWYT by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=GWYT
Cannabis Science Inc. (PINK:CBIS), a medical marijuana company, has fallen sharply in mid-day trading today. At last check, CBIS was trading 9.09% lower at $0.0800 on volume of 8.91 million.
The sharp fall in CBIS today has been accompanied by significant volume, which indicates that the market sentiment has turned bearish on the stock. CBIS had fallen nearly 1.7% last week. The weekly loss came after the stock rallied in the prior week on some positive developments for the medical marijuana industry. CBIS is currently trading close to $0.075, which is a key support level for the stock. If CBIS falls below this level then there is significant downside potential.
CBIS recently appointed Chad S. Johnson, Esq., a Harvard Law School Graduate, as a Member of its Board and General Counsel.
Find out if a bounce back is imminent with CBIS by reading the free trend analysis report here; http://www.wallstreetreport.net/market-scan/?symbol=CBIS
Santo Mining Corp. (OTC:SANP), a junior mineral exploration company based in the Dominican Republic, is also up sharply in trading today, reversing some of the losses from previous trading sessions. SANP is currently trading 16.09% higher at $0.650 on volume of 1.24 million, which is nearly half the daily average volume of 2.40 million. Despite the gains, SANP has fallen nearly 22% in the last three trading sessions.
SANP is soaring today after the company provided a corporate update. The company said that it is currently in discussions with Gexplo for additional precious and base metal claims in the Dominican Republic. The company also said that it is looking to acquire two other promising claims.
Get the latest trend analysis report on SANP by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=SANP
eLayaway Inc. (OTC:ELAY) is extending its gains from last week in mid-day trading today. The stock is currently trading 70.27% higher at $0.0063 on volume of 46.55 million, which is more than three times the daily average volume of 14.94 million. The stock has gained more than 384% in the last three trading sessions.
ELAY, which provides centralized payment processing solution, has been rallying after releasing its 2012 Online Layaway Retain Trends report last week.
ELAY has crossed its 50-day moving average, which is a strong bullish signal. The bullish trend is further confirmed by the stock’s MACD chart. The MACD histogram is indicating increasing upward momentum. ELAY could face resistance at around $0.01.
Find out more about ELAY by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=ELAY
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