Penny Stocks Traders And Investors Should Watch Closely: (PINKSHEETS: MJNA) (OTCQB: PFNI)

Publishing & Media

Share Tweet

Penny Stocks Traders And Investors Should Watch Closely: (PINKSHEETS: MJNA) (OTCQB: PFNI)

New York (December 13th, 2012) - Medical Marijuana Inc. (PINKSHEETS: MJNA), a company engaged in the medical marijuana and industrial hemp markets, is flat in trading today. MJNA had risen sharply in the previous trading two trading sessions amid news that its portfolio company PhytoSPHERE Systems LLC cited broad applications of its 2013 harvest of uniquely valuable hemp oil. 

MJNA is currently trading flat at $0.11. The stock has gained more than 12% in the last three trading sessions. MJNA continues to struggle to break through $0.11 resistance level. If MJNA can break through this level then the stock could see significant gains.

Find out what traders need to do with MJNA by getting the free full report here:

Psychic Friends Network Inc. (OTCQB: PFNI), a marketing and entertainment company providing on-demand psychic advice as well as daily and weekly horoscopes, is up sharply in mid-day trading today, extending its gains from the previous two trading sessions. 

PFNI has been gaining momentum after the company on Tuesday announced that it is leveraging new technologies to beat its own $1 billion revenue mark. PFNI is currently trading 6.63% higher at $0.595 on volume of 754,286, which is nearly half the daily average volume of 1.61 million. The stock has gained nearly 32% in the last three trading sessions. 

PFNI has now gained in 7 out of the last 8 trading sessions. However, the bullish trend may be coming to an end as today’s gains have come on significantly lower volume. 

Find out more about PFNI here:

About Us: issues momentum alerts on stocks that can provide gains to day traders and short-term investors. provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains. 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 is often in the know of several large investor awareness campaigns being deployed.

Timing is everything when trading small cap stocks. Gain an Edge by joining the newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.

Simply sign up for free and start receiving exclusive alerts.

Subscribe Here:

Disclosure: 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 WallStreetScoop.Net website, for complete risks and disclosures.

Contact Info:
Thomas Greene
Wall Street Scoop
[email protected]