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Penny Stocks Trades Should Add on Top of Their Watch-List: (OTCQB: AMBS), (OTCQB: FARE)


New York, NY -- (ReleaseWire) -- 01/03/2013 --AmarantusBioSciences Inc. (OTCQB: AMBS), a development stage biopharmaceutical company, is seeing a pullback in mid-day trading today after rallying in the previous three trading sessions. AMBS had been rallying since last Friday after the company announced the acquisition of neurodegenerative diagnostic intellectual property portfolio from Power3 Medical Products.

AMBS had broken through some key technical levels as a result of the three-day rally. The stock is down 6.10% to $0.162 on volume of 18.02 million in trading today. The sharp decline on significant volume suggests that market sentiment has turned bearish on AMBS. Despite the losses, AMBS is still up more than 51% for the week.

Find out when AMBS could bounce back by getting the free full report here:

World Moto Inc. (OTCQB: FARE), a manufacturer and supplier of taxi meters for the motorcycle taxi industry, is up sharply in mid-day trading today, extending its gains for the week. FARE is gaining after the company announced that the launch of Yes, a new service that marks the company’s entry into the multi-trillion dollar local commerce ecosystem.

At last check, FARE was trading 7.94% higher at $0.204 on volume of 15.47 million, which is above the daily average volume of 13.08 million. The stock has gained more than 26% in the last three trading sessions. FARE is trading close to its 50-day moving average. The bullish trend will continue if the stock crosses its 50-day moving average.

Is this the right moment for traders to trade FARE? Find out by getting the free daily trend analysis report here:

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