New York, NY -- (SBWIRE) -- 12/27/2012 -- Amarantus BioSciences Inc. (OTCQB: AMBS), a development stage biotechnology company engaged in the discovery and development of therapeutic proteins and biologics for the treatment of brain disorders, is rallying in mid-day trading today, extending its gains for the week.
AMBS has been gaining momentum amid some major developments for the company. On Wednesday, the company had announced the acquisition of neurodegenerative diagnostic intellectual property portfolio from Power3 Medical Products. Earlier today, the company announced that it will present at Biotech Showcase 2013.
AMBS is currently trading13.76% higher at $0.124 on volume of 17.83 million. The stock has now gained more than 92% in the last three trading sessions. The recent rally has allowed AMBS to break through some key technical levels. This is a strong bullish signal. Technical indicators suggest that the rally could continue.
Find out for how long AMBS could maintain its momentum by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=AMBS
TAMM Oil & Gas Corp. (OTCQB: TAMO), a petroleum exploration company engaged in the identification, acquisition and development of oil sands prospects in Canada, is amongst the biggest gainers on the OTC market in mid-day trading today.
The stock is soaring after Ernest C. Schlotter, a senior analyst at Switzerland-based SISM Research, said that TAMO is significantly undervalued and the current market valuation represents only a fraction of the company’s true value.
TAMO is currently trading 56.72% higher at $0.210 on volume of 4.33 million, which is more than ten times the daily average volume of 36,522. TAMO has crossed its 200-day moving average as a result of today’s rally. This is a strong bullish signal. The stock could face resistance at around $0.25.
Get the latest news and hints traders need to successfully trade TAMO by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=TAMO
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 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.
WALL STREET REPORT
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)