Stamford, CT -- (SBWIRE) -- 02/11/2013 -- OTC Stock Picks is engaged in providing the most up to date and useful information on Best Penny Stocks poised to breakout. Our newsletter alerts the market with picks that Wall Street stock traders have ignored or haven’t found out about yet. These are the awesome penny stocks that the ‘underground penny stock experts’ brag about in our penny stock blogs.
World Moto, Inc. (OTC:FARE) opened its shares at the price of $0.07 but soon went down but near 10AM the company gained a massive surge and stocks moved up sharply, recently almost around 12 noon its moved up 15.38% at the trading price of $0.0900. Stock’s total trading capacity till 12 noon was 4.93 million shares while its average trading volume is 32.97 million shares. Its total market capitalization is $29.20 million. FARE’s 52 week trading price range is $0.03 - $2.50.
What FARE’s Charts Are Signaling for Traders? Find Out Here
World Moto, Inc. (OTC:FARE) reported that the Company has begun discussions to regulate the implementation of Moto-Meters on moto taxis in Bangkok, Thailand. Changing the way the world goes around, World Moto is a global authority on the $500 billion dollar a year motorcycle taxi industry and inventor of the Moto-Meter, the world's first motorcycle taxi meter.
During last one month of trading the company gained more than 6% while in last 5 trading sessions it heaved up more than 12%.
Another active morning mover in news is TRANZBYTE CORPORATIO (PINK:ERBB), its shares went up 25.64% after opening at $0.01 at 12 Noon, its recent trading price was $0.0099. Stock’s total trading capacity up till now was 65.97 million shares whereas its average volume was 48.43 million shares.
How Should Investors Trade ERBB Now? Don’t Miss out a Special Trend Analysis
Its beta value stood at 2.20 points which is indicating its risk level and its market capitalization is 5.02 million shares. During last three months of trading the company grew up and soared 133.33%. In last one month of trading it gained 145% also in last 5 days of trade, company gained 145%.
Tranzbyte Corporation, through its subsidiaries, operates independently owned retail dispensaries under the Altitude Organic Medicine brand name in Colorado, California, and Arizona.
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