VANCOUVER, Oct. 25, 2012 /PRNewswire/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: TagLikeMe (PINK:TAGG), Titan Iron Ore (OTC:TFER), MEDICAL MARIJUANA (PINK:MJNA), POSEIDON CONCEPTS (PINK:POOSF), and PACWEST EQUITIES (PINK:PWEI).
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TagLikeMe Corporation (TAGG) continued to advance on Wednesday and ended higher by US$0.036 (or 19.24%) at US$0.221 with more than 43.44 million shares exchanged hands for the session compared to its average volume of 27.84 million shares. TAGG has traded as high as US$0.28 per share in the past 52 weeks.
Titan Iron Ore Corporation (TFER) crossed above the 50-day moving average in the last trading session and soared 9.09% to US$1.02. Abnormal trading volume of TFER was found reaching 6.29 million shares, 8 times heavier than usual day trading.
MEDICAL MARIJUANA INC. (MJNA) began the trading session with a price of US$0.10 and throughout the session made a new 52-week high of US$0.12. When day-trade ended, MJNA finally soared US$0.018 or 17.95% to US$0.115.
POSEIDON CONCEPTS CRP ORD (POOSF) gapped open sharply higher in the session and closed higher by US$0.65 (or 4.40%) to US$15.33. There were 246,162 stock shares traded, which was 5 times more than average volume.
PACWEST EQUITIES INC. (PWEI) climbed US$0.055 per share (equivalent to 10.68%), where stock prices went up to US$0.570. Its price, as of the latest close, was up 470% compared with the 52-week low and was 28% below the 52-week high.
Today Pennystocksinsiders.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. It will take some time for insiders to report their trades. Read these reports and add these companies into your Insider Trade Radar.
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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