New York, NY -- (ReleaseWire) -- 11/20/2012 --One of the most traded penny stocks today, GreenWay technology (PINK:GWYT), gained over 160% compared to the previous trading session on a tremendous volume of 19,862,560. The Stock is however still far from its 52 weeks target of $7.00 which could be a good sign from the upcoming trading sessions.
Today, the company announced the appointments of Quincy Leigh Jaeger as General Counsel and Robert G. Beers as Vice President of Human Resources. Both appointments are effective immediately and will report to Bernard A. Fried, Greenway's President and Chief Executive Officer.
This announcement could be the main reason why GWYT gained so much today and more could be awaiting the stock in the very short term. The only way to find out is by getting the free full report on GWYT here: http://www.wallstreetreport.net/market-scan/?symbol=GWYT
Another gainer on the last trading session was Cannabis Science Inc. (PINK:CBIS). Although the stock didn’t gain as much as GWYT, CBIS still managed to rise by 1,02% on a volume of 13,916,427.
The Company has a working capital deficit of $2,707,106 as of September 30, 2012 compared to a working capital deficit of $2,285,622 for the year that ended December 31, 2011. There are insufficient liquid assets to meet current liabilities or sustain operations through 2012 and beyond and the Company must raise additional capital to cover the working capital deficit. Management is working on plans to raise additional capital through private placements and lending facilities and is currently relying on continuing loans from stockholders to meet its obligations and sustain operations.
Find out if CBIS could pick up steam in the upcoming trading sessions and if not when could be the best moment to trade it by reading the full trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=CBIS
WallStreetReport.net issues momentum alerts on stocks that can provide gains to day traders. WallStreetReport.net provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. WallStreetReport.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetReport.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the WallStreetReport.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report believes traders should have a chance at successfully trading Penny Stocks and invites traders and investors you to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetReport.net
Disclosure: WallStreetReport.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Net website, for complete risks and disclosures.
Alexander K. Neumann
WALL STREET REPORT