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Top Penny Stocks on the Move: (OTCQB: FARE), (OTCQB: MWIP)

 
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New York, NY -- (SBWIRE) -- 01/04/2013 -- World Moto Inc. (OTCQB: FARE), a manufacturer and supplier of taxi meters for the motorcycle taxi industry, is soaring in mid-day trading today, extending its gains from the previous trading sessions. At last check, FARE was trading 9.87% higher at $0.245 on volume of 25.61 million, which is nearly two times the daily average volume of 14.19 million. FARE has gained more than 40% in the last three trading sessions.

The stock has been gaining momentum after the company announced the launch of Yes, a new service that marks the company’s entry into the multi-trillion-dollar local commerce ecosystem.

FARE has crossed its 50-day moving average as a result of the rally. This is a strong bullish signal. The stock could continue to gain momentum in the next few trading sessions.

Find out if this is the moment traders have been looking for before trading FARE by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=FARE

MediSwipe Inc. (OTCQB: MWIP), a company providing transaction processing and security solutions for the medical and healthcare industries in the U.S. and internationally, is soaring in mid-day trading today, extending its gains from the previous trading sessions.

MWIP had surged on Thursday after the company announced that it moved its headquarters from South Florida to Birmingham, Michigan. MWIP is currently trading 10.45% higher at $0.0296 on volume of 28.09 million, which is more than two times the daily average volume of 11.36 million.

MWIP has gained more than 98% in the last three trading sessions. The stock has broken through some key technical levels as a result of the rally this week.

Find out if MWIP could maintain its bullish momentum by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=MWIP

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