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What Does Current Movement of Cannabis Science Inc (PINK:CBIS) Indicates?

 
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Las Vegas, NV -- (SBWIRE) -- 04/25/2013 -- Cannabis Science Inc.(PINK:CBIS) has gained more than 5 percent today till mid day and is trading at $0.05.

Currently Cannabis Science seems to be going nowhere remaining stagnant in the range of $0.05 and $0.05 from past few days. The stock has remained not highly active and is not energetic enough to report gain by the end of its trading period.

Taking a look at its previous months the activity of the stock was at its highs in February and earlier in March as well, which could be derived from a number promoters playing at the back and of course company would haven’t resisted paying heavily for such promotions.

However, as for now there isn’t any pumper behind neither the company seems in an outlook of spending for promotions that would force the stock high up in the market. Yet, investors seem to be supporting the trade, which is a good sign for the current activity.

The current traded volume of the company stands at 2.3 million shares which is modestly higher as compared to its average shares of 5.59 million. Currently Cannabis Science is trading at a market valuation of $35.66 million and holds 714.54 million shares outstanding,

To find out what OTCMAGIC projects for Cannabis Science Inc., for both short term and long term please click here: CBIS

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