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Sharply Exchanged Penny Stocks

  • By Jeff Mirkin
  • Published 02/21/2013
  • Non-Fiction

logo-2972366SWINGPLANE VENTURES (OTCBB:SWVI) traded with volume of 10.23 million shares, which was higher than the average trading volume of 9.96 million shares. SWVI decreased -0.97% and closed the trading at $0.610. The 52-week range of SWVI remained $0.10 – $0.67. The one-year performance of the stock was positive as it gained 306.73%. The one-month performance was also positive +165.26%. SWVI has reported with pleasure about the Share Exchange Agreement finalization which Swingplane and the shareholders of Mid Americas Corp entered into. Under the terms of the deal, Mid Americas’s shareholders will exchange all Mid Americas’ shares for 100,000,000 shares of common stock and 5,000,000 shares of preferred stock of SWVI. Green Innovations Ltd (OTCBB:GNIN) was among the sharply traded penny stocks and the volume of the stock was 4.38 million shares and average volume was 717,114 shares. Yesterday, the stock surged +17.19% and closed the day at $2.25. The stock’s 5-day and one month performances were positive +102.7% and +243.51%, respectively. The shares outstanding of GNIN were 100 million.

MediSwipe Inc (PINKSHEETS:MWIP) traded with volume of 29.48 million shares i

n the last session, as compared to average volume of 23.87 million shares. The stock escalated +2.07% and its closing price was $0.0939. Watching MWIP’s preceding 5-day trend, the stock increased +112.44%,. The stock also remained in the green in its 3-month performance and escalating +2508.33%. MWIP has made an announcement that the company has executed a preliminary Letter of Intent relating to a proposed strategic alliance with LFAP, in order to generate mobile applications for Apple and Android platforms targeting the mobile healthcare sector. Medical Marijuana Inc (PINKSHEETS:MJNA) was a sharply exchanged penny stock of Thursday’s trade, as its number of shares traded were 14.63 million, while its average trading capacity was 19.85 million shares. MJNA, after opening at $0.44, gained the high price edge in the prior trading day at $0.46 and finally closed at $0.440 by performing a bullish movement of +0.69%. The 5-day performance demonstrated the stock as a positive mover as it advanced +38.8% and the one-month performance was in the green as it increased +238.46%.

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