December 28, 2012 at 16:23 PM EST
Penny Stocks On The Move: (OTCQB: FARE), (OTCQB: CTIX)

New York (December 28th, 2012) - World Moto Inc. (OTCQB: FARE), a manufacturer and supplier of taxi meters for the motorcycle taxi industry, is soaring in mid-day trading today after the company on Thursday announced the launch of a new technology that displays advertisements in stunning full motion graphics on revolving motorcycle wheels. Paul Giles, CEO of FARE, said that circulars will provide one of the only truly effective and dynamic advertising options for the millions of small, privately-owned establishments around the world.

At last check, FARE was trading 23.78% higher at $0.150 on volume of 22.11 million, which is more than two times the daily average volume of 10.34 million.

Find out if FARE could maintain its bullish momentum in the short and long term by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=FARECellceutix Corp. (OTCQB: CTIX), a development-stage biopharmaceutical company engaged in the discovery and development of small molecule drugs to treat diseases mainly in the areas of cancer and inflammatory disease, is sinking in mid-day trading. CTIX is currently trading 22.50% lower at $1.86 on volume of 1.53 million, which is nearly three times the daily average volume of 535,148. CTIX had an excellent run prior to today, finishing higher in 7 of the previous 8 trading sessions.

CTIX had been rallying amid some positive developments for the company, including the publication of article in the New York Times last weekend heralding p53 drugs as the new age in cancer research. However, volume activity in today’s and Thursday’s trading session suggests that market sentiment has turned bearish on the stock. CTIX has support at around $1.60. The stock could continue to slide before rebounding from this level.

Find out more on CTIX and where could the stock be in the upcoming trading sessions by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=CTIXAbout Us:

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