Lakeway, NY -- (SBWIRE) -- 02/25/2013 -- ThePennyStockProfiler.com, 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:-
MediSwipe Inc (PINK:MWIP) shares gained 10.58% and closed at $0.0690 in the last trading session. The company, on Feb. 20, announced that after the trading session on February 19th, the state of Michigan introduced new proposed legislation titled as House Bill 4271 outlining new requirements for Michigan's medical marijuana statewide program.
A Republican state lawmaker introduced the bill that would allow individual cities to decide how medical marijuana caregivers and provisional centers could continue to operate within their boundaries. Under the bill, municipalities could also set up regulations covering the location of centers and possibly institute other operational rules.
Is MWIP a Still a Buy after the Solid momentum? Let’s Find out Here
AMR Corporation (PINK:AAMRQ) shares gained 4.20% to $2.73 after JPMorgan Chase started coverage on shares of AAMRQ in a research report released on Feb. 21. The firm issued an overweight rating and a $6.50 price target on the stock.
Additionally, AMR Corporation, the parent company of American Airlines, Inc., and US Airways Group, Inc. (LCC) announced recently that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies will combine to create a premier global carrier, which will have an implied combined equity value of approximately $11 billion based on the price of US Airways' stock as of February 13, 2013.
Is AAMRQ a Strong Buying Opportunity After The Recent Gain? Find out Here
Green Innovations Ltd (OTC:GNIN) shares jumped 12.70% and closed at $0.710 after the company, on Feb. 22, announced that its wholly-owned subsidiary, Green Hygienics, Inc. (“Green Hygienics”), has received two separate purchase orders from Cardenas Markets, Inc. (“Cardenas”), a California-based family-owned chain of supermarkets. The two purchase orders totaling 3,000 cases of SENSATIONAL brand bath tissue have a value of $41,400. Two separate shipments and deliver dates were necessary due to the total size of the orders (46,785 lbs.) and Cardenas warehouse requirements.
Additionally, the company last week also commented regarding recent volatility in the market for the Company's shares. It has come to the Company's attention that there have been negative third-party reports by anonymous sources concerning Green Innovations and its business.
Should GNIN Buy After The Recent Movement? Let’s Find out Here
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