Investor Alley Inc.

November 12th - Stocks Traders Should Be Looking out For: (PINK:MJNA), (PINK:GBEN)


New York, NY -- (ReleaseWire) -- 11/12/2012 --Medical Marijuana Inc. (PINK:MJNA), a company operating in the medical marijuana and industrial hemp markets, is extending its losses from last week in mid-day trading today. At last check, MJNA was down 9.73% to $0.102 on volume of 7.54 million, extending its losses in the last three trading sessions to over 27%.

While MJNA stands to benefit from the legalization of marijuana in Colorado and Washington, the company’s stock has not capitalized on this positive development. After rising sharply last Wednesday, MJNA has seen significant selling pressure. The stock’s MACD chart suggests that the downward slide may continue in the next few trading sessions. MJNA has support at around $0.10. If the stock falls below this level then there could be significant losses.

Find out more about MJNA by reading the free trend analysis report here:

Global Resource Energy Inc. (PINK:GBEN), a development stage company focused on acquiring interests in the clean and sustainable fuel alternative sector in the U.S. and internationally, is extending its gains from last week in mid-day trading today.

GBEN is currently trading 16.27% higher at $0.193 on volume of 2.39 million, which is more than ten times the daily average volume of 168,209. GBEN has now gained more than 153% in the last three trading sessions.

GBEN has been rallying after the company last week said that its affiliate, Kardings America, is in talks with large retirement communities company. The company also announced the extension of its licensing agreement with Patedma Group.

Find out where GBEN could be heading by reading the free trend analysis report here:

About Penny Stocks SMS
Penny Stocks SMS moves markets… Our to-the-minute reports and alerts coupled with breaking news, analysis, investment strategies, and FREE subscription email services contribute to our role as one of the leading investor relations marketing firms.

Penny Stocks SMS has a finger on the pulse of many sectors including renewable energy, oil, pharmaceuticals, mining, finance, technology and healthcare. Whenever a “breakout” micro-cap or small-cap company is about to take off, we immediately bring it to your attention. Our in depth research and analysis of NASDAQ, OTCBB, Pink Sheets, and NYSE has yielded considerable gains for our subscribers to date.

One of the biggest problems with playing the markets is simply that average investors don’t have time to research every available opportunity. We streamline this process by doing the research for you. We need you to survive and it’s in all of our interests for us to provide you with only the best picks. When you win we win.

Sign up for our newsletter now and start reaping the benefits of being a Penny Stocks SMS member. Use our alerts, trading strategies and research as a springboard for your own efforts. Keep in mind, a diverse portfolio will always outperform over the long run. Don’t put all your eggs in one basket. Penny stocks can make tens of thousands overnight but these gains can just as easily evaporate. Keep informed and you’ll improve your chance for success.

Make investing easier and signup for our valuable FREE newsletter right now. Cut your research time in half and improve your odds of winning in the markets.