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Penny Stocks Decliners: (OTCQB: VKML), (PINKSHEETS: MJNA)


New York, NY -- (ReleaseWire) -- 01/21/2013 --Viking Minerals Inc. (OTCQB: VKML) was trading in the range of $0.02 and $0.06 in its latest trading session. The stock recorded the volume of 36.301 million shares, in comparison its average daily trading volume of 1.302 million shares. The stock had opened at $0.06 and closed at $0.02, down 59.67 percent from its previous close of $0.05. Viking Minerals has its first support level at $0.02 while it faces the resistance at $0.03. If the stock breaches this level, it may go as high as $0.04. Viking Minerals inked a new deal for acquiring Discovery Day Gold Mine assets, worth over $200 million.

Find out where VKML could be headed in the very short term by getting the free full report here:

Medical Marijuana Inc. (PINKSHEETS: MJNA) opened at $0.14 and oscillated in the range of $0.12 and $0.14 in the latest trading session. It closed at $0.12, down 11.11 percent from its previous close of $0.14. Medical Marijuana shows bullish trend and the stock’s first resistance level is at $0.13. Upon breaching this level, the stock may touch $0.15. Medical Marijuana deals in industrial hemp and medical marijuana. The company develops cannabinoid products and offers its products to cosmetic and pharmaceutical companies. Medical Marijuana is based out of San Diego in California and it was formed in 2009.

Find out if MJNA could bounce back in the upcoming trading sessions by getting the free full report

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