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Jeff Mirkin is an expert in small amd microcap stocks and manages the site providing market information at www.activepennystock.com.
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  • Volume Gaining Penny Stocks: MWIP, MCET, ERBB, PHOT 0 comments
    Feb 28, 2013 6:14 AM

    MediSwipe Inc (PINKSHEETSD:MWIP) traded with volume of 30.53 million shares in the last session, as compared to average volume of 21.53 million shares. The 52-week range of the stock was $0.00 -$0.13. The stock, on February 21, 2013, showed a negative percentage change of -24.73% and traded at the opening bell at $0.08, gained the utmost price level of $0.08 and then ended the day at $0.0624. The year-to-date performance of the stock remained in the green as it surged +310.53%. The 3-month trend was positive 1542.11%. MWIP has informed that the company has gained commission based revenues in excess of $1,000,000 in elective medical consumer financing meant for the January and February 2013 months. MWIP's CEO, B. Michael Friedman, commented that this new vertical market has rapidly confirmed to be a significant revenue flow for their company as it made use of their exclusive and long-time banking relationships as the company begins to roll out its payment kiosks over the next 2 quarters.

    Another hot stock of Thursday's trade was MultiCell Technologies, Inc. (PINKSHEETS:MCET), as it traded with volume of 86.04 million shares, while the average trading volume of the stock was 30.96 million shares. MCET was a loser in the prior trading activity and plunged -23.26%, to close at the end of the trading session at $0.0033. The one-month trend chart showed MCET as a gainer of +200%. MCET's one-year performance was in the red as it tumbled -34%.

    TRANZBYTE CORPORATIO (PINKSHEETS:ERBB) was a hot stock and remained among the volume gainers as it traded with volume of 75.85 million shares in the last session, compared to average volume of 81.68 million shares. The stock on Thursday showed a bearish movement of -15.66% to finish the day at $0.007. ERBB was a loser in the 3-month's activity and nosedived -57.14%.

    On February 21, 2013, Growlife Inc (OTCBB:PHOT) traded with volume of 10.90 million shares, as compared to average volume of 12.60 million shares. The stock showed a negative percentage change in Thursday's session and decreased -18.37% and finished the day at $0.06.

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