Investor Alley Inc.

Penny Stocks Gainers on Mid-Day: (PINKSHEETS: ONVO), (OTCQB: FARE)

 

New York, NY -- (ReleaseWire) -- 01/17/2013 --Organovo Holdings Inc. (PINKSHEETS: ONVO), a developer of 3D bioprinting technology, is up sharply in mid-day trading today, extending its gains for the week. At last check, ONVO was trading 6.84% higher at $4.06 on volume of 650,249. The stock has had an excellent run this week, gaining nearly 25%.

ONVO has broken through $3.80 resistance level as a result of the rally this week. This is a bullish signal. Technical indicators suggest that the upward trend could continue in the next few trading sessions. ONVO currently has support around $3.80.

Find out for how long could ONVO maintain its momentum by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=ONVO

World Moto Inc. (OTCQB: FARE), a manufacturer and supplier of taxi meters for the motorcycle taxi industry, is soaring in mid-day trading today, reversing some of the recent losses. FARE has fallen sharply since the beginning of last week. The stock, in fact, has finished lower in each of the previous seven trading sessions.

However, FARE has rebounded sharply in trading today after the company announced that business and technology editors of The Bangkok Post and Manager Daily conducted an in-depth interview with its management. CEO Paul Giles said that the company is very pleased to be getting ongoing media attention from such prestigious publications as Bangkok Post and Manager Daily.

At last check, FARE was trading 7.21% higher at $0.0580 on volume of 12.15 million, which is less than half of the daily average volume of 28.59 million.

Find out if this could be the right moment for traders to trade FARE by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=FARE

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