Notable Movers: (OTC:SWVI), (PINK:HEMP), (PINK:MJNA), (NASDAQ:NBIX)

Lakeway, TX -- (SBWIRE) -- 02/06/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

SWINGPLANE VENTURES (OTC:SWVI) had a high volume session and the stock ended lower by 12% to $0.35 on heft volume of 13.70 million shares -2X its average volume. The company provided summary of previous work program. Swingplane Ventures, Inc., a development stage company, manufactures and sells men?s and women?s golf apparels. Its clothing line consists of tailored-fit golf shirts, pants, and skirts. The company focuses on marketing its products under the Swingplane name through online sales directly to the consumer. Swingplane Ventures, Inc. was founded in 2010 and is based in Broomfield, Colorado.

Is SWVI after A Solid Pop Up? Find Out Here

HEMP, INC. (PINK:HEMP) was one of the biggest gainer among penny stocks list and soared 23.50% to $0.10, although off session high of $0.15.We have seen that marijuana companies have been riding higher over the past few trading sessions. The Las Vegas-based Hemp, Inc. states it explores "the potential worldwide benefits that may be derived from the myriad of uses for industrial hemp and recognizing the profits that could be made in making the world a better place."

Will HEMP Continue To Trend Higher After The Recent Gain? Find Out Here

Medical Marijuana Inc (PINK:MJNA) was another marijuana stock. However, the stock moved in a different direction on Tuesday and slumped 28%. The stock made a new high of $0.50 earlier in the session. Despite yesterday’s sharp fall, the stock is still up about 120% in the past one week.

Is MJNA a Buy Opportunity After The Recent Slump? Find Out Here

Neurocrine Biosciences, Inc. (NASDAQ:NBIX) was aother gainer and climbed 13%. Recently, the company was granted two additional patents related to the company's proprietary Vesicular Monoamine Transporter 2 inhibitor NBI-98854, one by the European Patent Office and one by the USPTO. The European patent is a composition of matter patent that covers chemical compositions, pharmaceutical compositions and uses of various compounds, while the second U.S. patent includes methods of treating hyperkinetic movement disorders.

Is NBIX Still a Buy After The Recent momentum? Find Out Here

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