New York, NY -- (SBWIRE) -- 11/12/2012 -- Cannabis Science Inc. (PINK:CBIS), a medical marijuana company, is seeing a sharp correction in mid-day trading today following last week’s rally. Despite the sharp fall today, CBIS is still up more than 52% in the last five trading sessions due to last week’s rally. The stock had rallied last on the back of some positive developments. CBIS surged after voters in Colorado and Washington approved measures allowing adults to use marijuana for any purpose. The stock extended its gains after the company provided guidance on its preclinical initiative and also provided an update on recent corporate developments.
Get the latest full trend analysis report on CBIS here: http://www.wallstreetreport.net/market-scan/?symbol=CBIS
Ludwig Enterprises Inc. (PINK:LUDG) is amongst the major gainers on the OTC market in mid-day trading today. LUDG had a strong run last week as well and is extending its gains from last week in trading today. The stock has gained more than 65% in the last five trading sessions and the technical indicators for LUDG suggest that the rally will continue. The stock crossed its 50-day moving average in trading today, which is a strong bullish signal. LUDG, which operates as a radio broadcasting company in the U.S., is surging today after it announced that it’s The One™ radio will add applications targeting 6 million ethnic business professionals.
Find out what could be the next move for LUDG and could the stock maintain its momentum by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=LUDG
TagLikeMe Corp. (PINK:TAGG) is extending its loss from last week in mid-day trading today. The stock has now fallen more than 75% in the last five trading sessions. TAGG, which is a provider of Internet cloud-based software application related to online search and social media, has seen a sharp fall in its stock price in the last few trading sessions. The sell-off began after TAGG hit $0.400 resistance level. The stock is now trading at a key support level of $0.0750. If the stock falls below this level then the downward slide will continue. TagLikeMe has not made any major announcements in the last few days. Earlier this month, the company said that its TaGLikeMe mobile app downloads for iPad/iOS are gaining momentum with high customer satisfaction ratings.
Find out where TAGG could be heading in the very short term by reading the free trend analysis report here; http://www.wallstreetreport.net/market-scan/?symbol=TAGG
Another major gainer on the OTC market in trading currently is Dominican Republic-based junior mineral exploration company Santo Mining Corp. (OTC:SANP). At last check, SANP was trading 11.21% higher at $1.19. SANP is extending its gains from last week and has gained nearly 50% in the last five trading sessions. Santo Mining has been gaining momentum on the back of some major announcements. While last week SANP said that it is ramping up exploration on its gold claims, today the company announced that that it is continuing aggressive expansion by acquiring Nathaniel Gold Claim, which is located just East of Moncion in the Dominican Republic.
Find out more on SANP by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=SANP
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