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Amarantus BioSciences Inc. (OTC:AMBS), a development-stage biotechnology company, is also down sharply in mid-day trading today. At last check, AMBS was trading 17.22% lower at $0.0298 on volume of 15.07 million. AMBS has now fallen more than 27% in the last five trading sessions, which suggests that the market sentiment is bearish on the stock.

Idenix Pharmaceuticals Inc. (NASDAQ:IDIX) traded in the range of $4.65 and $5.43 during its latest trading session. The stock had opened at $4.66 and closed at $5.30, up 17.96 percent from its previous close of $4.52. The stock is up on the news of getting positive initial rating from Deutsche Bank. It is currently trading above its 6 days EMA and 20 days EMA prices and thus shows bullish trend. Its MACD also confirms its bullish trend. The stock may go as high as $6.22 level in the coming trading sessions. Idenix’s first support level is at $4.69.

Anadigics Inc. (NASDAQ:ANAD) traded in the range of $1.48 and $1.74 during its latest trading session. The stock had opened at $1.51 and closed at $1.71, up 14 percent from its previous close of $1.50. Despite its up movement, the stock’s MACD chart shows neutral.

Superior Venture Corporation (OTC:SVEN) stock closed its latest trading session at $0.33, up 3.81 percent from its previous close of $0.32. The stock opened the session at $0.35 and touched its lowest price point at $0.31. Superior Venture stock’s highest price point for the session stood at $0.35. The stock’s MACD chart shows neutral trend in the short term. Its first support level is at $0.14.

Superior Venture Corporation (OTC:SVEN) traded in the range of $0.14 and $0.32 during its latest trading session. The stock had opened at $0.17 and closed at $0.32, up 219.80 percent from its previous close of $0.10. The stock rose on the news of its acquisition of Ilustrato Pictures Ltd. Superior Venture will use the new company to co develop movies for Chinese and international market. The stock has its first support level at $0.14 and the stock has bullish stance for upcoming sessions. Superior Venture is based out of Colorado and the company was formed in 2010.

AMR Corporation (PINK:AAMRQ) stock closed its latest trading session at $0.50, down 6.43 percent from its previous close of $0.53. The company reported that it is planning to put an end to its lump sum pension payments. The stock opened the session at $0.51 and touched its lowest price point at $0.46. AMR Corporation stock’s highest price point for the session stood at $0.51. The stock’s MACD chart shows neutral trend in the short term. Its first support level is at $0.49. Upon breaching this level, the stock may fall to $0.46 level. AMR Corporation is an airlines outfit and offers scheduled jet services.

PacWest Equities Inc. (PINK:PWEID) traded in the range of $0.34 and $0.64 during its latest trading session. Its MACD and EMA charts shows neutral trend. The stock had opened at $0.63 and closed at $0.37, down 41.60 percent from its previous close of $0.63. PacWest Equities is a development stage company and offers services related to real estate assets. The company was formed in 1971 and is based out of Nevada. PacWest Equities stock may fall to $0.29 level in the coming sessions. On the upside, the stock may go as high as $0.38.

Superior Venture Corp. (OTC: SVEN) is the penny stock of the day as it soared 180% to $0.28 and made a new high of $0.30. Volume is very solid as more than 86 million shares have already been trading in the first couple trading sessions. There seems to be no logical reason for such a huge really but often penny stocks don’t need any reasons to move higher and that to huge gain. The stock might be doing well due to paid promotion, which ultimately might prove to be a pump and dump play.

Green Energy Renewable Solutions Inc. (PINK:EWRL)’s shares are showing high volatility as it was up 200% in the morning session. However, the stock quickly cools off from session high of $0.17 and was recently trading higher by 52% at $0.0910 with more than 11 million shares exchanged hands. There is no official news which could justify today’s price action. Green Energy Renewable is a development stage company without any revenue and net loss of $233K for the quarter ended Sep 29, 2012. Over the past one year, the company has been moving within a range of $0.01-$0.44.

eLayaway Inc. (PINK: ELAY), a technology company that specializes in the payment industry, was sinking at last check as traders book profit after the recent rally.