Friday, December 14, 2012 3:45:20 PM
MarketWatch
MediSwipe Inc. (otcqb:MWIP), a provider of online and wireless merchant payment solutions in the U.S. and internationally, is continuing to rally in mid-day trading today. At last check, MWIP was trading 14.08% higher at $0.0081 on volume of 19.25 million, which is more than three times the daily average volume of 6.04 million.
MWIP has gained more than 88% in the last three trading sessions. The stock has been rallying on the back of some major announcements. On Wednesday, MWIP announced the launch of its proprietary security software application for digitization of medical marijuana patient records. On Thursday, the company updated shareholders on 800 Commerce Inc., and S-1 registration statement filing.
MWIP has broken through after trading sideways for nearly a month. Technical indicators suggest that the rally will continue.
http://www.marketwatch.com/story/stocks-traders-should-be-looking-out-for-pinksheets-nsrgy-otcqb-mwip-2012-12-14
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