Trend Analysis Report on Notable Volume Gainers: PMCM, MWIP, ZPPB, HEMP316 views 2013-02-12 03:37 Tags: Penny stock Small cap Stock Stocks under quotes
Primco (OTCBB:PMCM) ESMG, has updated that the company has bought the music catalog of D&B Music. Under the terms of the deal, ESMG will acquire the estimated multi-million dollar asset and assume all debts tied to the catalog, which currently stands at around $350,000. PMCM remained among the notable volume gainers and exchanged 8.61 million shares on Friday, while its average volume remained 415,210 shares. PMCM started the trading session at $0.18, to close at $0.0697, by scoring a negative performance of -62.32%. In its previous 5-day trend, the stock slipped about -72.12%.
Another stock that fascinated investors on Friday with notable volume was MediSwipe Inc (PINKSHEETS:MWIP). On February 8, 2013, it traded with volume of 27.69 million shares, as compared to the average trading volume of 18.34 million shares. MWIP closed at the end of the trading day at $0.0578 and showed a bullish movement of +17.96%. MWIP has reported that the state of Michigan has gained more than ten million dollars ($10,000,000), corresponding to medical marijuana legislation, from tax revenues in a report released on February 6, 2013.
On February 8, 2013, Zippy Bags Inc (OTCBB:ZPPB) plunged -13.04% and, at the end of the day, closed the session at $0.0600. ZPPB traded with volume of 4.50 million shares in the last session, as compared to average volume of 2.35 million shares. Market capitalization of ZPPB was $5.48 million. ZPPB was in bearish claws in its 5-day, one-month and 3-month trends falling -7.69%, -33.33% and -55.56%, respectively.
On Friday, HEMP, INC. (PINKSHEETS:HEMP) traded with the opening price at $0.09 and finished the business day at $0.0790 by showing a downbeat move of -3.78%. HEMP remained in the row of notable volume gainers and exchanged 21.16 million shares on Friday, as compared to its average volume of 11.95 million shares. The stock showed hot one-month and 3-month performances showing upsurges of +198.11% and +44.95%, respectively.