Pump & Dump: FindEx.com, Inc. (OTC:FIND), SWINGPLANE VENTURES (OTC:SWVI)

Lakeway, NY -- (SBWIRE) -- 02/22/2013 -- 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:-

FindEx.com, Inc.(OTC:FIND) was the hottest stock in Tursday’s session as the stock soared as much as 91% to $0.130, although off its session high of $0.03. Moreover, FIND made a new high 52-week high of $0.03 in yesterday’s session.

Not be surprised, there was no news which could justify such a hefty rally. So seems like pumpers are taking advantage and may have been booked partial profit after the sudden rise. It’s tough to conclude if the rally is yet over for FIND.

Let’s Find Out If FIND is Another Pump & Dump Penny pick Here

The company has total outstanding shares of 77.99 million shares, of which 14.25 million are floating shares. So seems like low floating shares are helping pumpers to spike up the stock price of FIND.

Keep your close eyes on FIND before it ends up another PUMP and DUMP play like other penny stocks in the past.

SWINGPLANE VENTURES(OTC:SWVI) finally saw a sharp sell of, which should not surprise anyone as the stock had been riding higher without any major developments.

How Should Investors Trade SWVI After Yesterday’s Sell? Get Free Research Report Here

On Thursday, the stock slumped 52.50% to $0.43. But, still the stock is up over 50% over the past one month.

On Wednesday, the stock made a new high of $1 on hefty volume. Seems like game is over for SWVI as yesterday’s sharp sell off was driven by 61 million shares in volume.

However, surprisingly, the stock is up 47% in after hours. So, it’s very difficult to trade SWVI considering the increased volatility. Investors may stay away from such high volatile stocks.

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