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Hot Penny Stocks to Watch: AAMRQ, GNIN, SWVI, ONVO

Posted March 15, 2013, at 6:27 a.m.

AMR Corporation (PINKSHEETS:AAMRQ) opened the trading session Tuesday at $3.28 and the highest price of the prior session remained $3.84 and the stock finished the session at $3.70 by scoring a positive trend of +13.85%. The 6-month and YTD trends of the stock were in the green as they surged +720.4% and +365.41%, respectively. The EPS of the stock remained $-5.70. The beta factor of the stock remained 1.74. AAMRQ’s principal operating subsidiary, American Airlines, Inc., has reported that it has closed its private offering regarding two tranches of improved equipment trust certificates for the total face value of $663,378,000.

Green Innovations Ltd (OTCBB:GNIN) gained a superb volume of 7.97 million shares and the average volume of the stock remained 4.23 million shares. The day range of the stock was $1.71 – $2.24. The stock surged +14.66% and closed the trading at $2.19. The market capitalization of the stock remained $219 million. GNIN has reported that its wholly-owned subsidiary, GHI (Green Hygienics, Inc.), has received a vendor listing number from Target Brands, Inc. Target Brands, Inc. is the Target Corporation’s operating subsidiary.

SWINGPLANE VENTURES (OTCBB:SWVI) opened the session at $0.11, traded amid the day range of $0.11 – $0.16 and closed the session at $0.147. The volume of the stock was 28.31 million. The average volume of the stock remained 25.61 million shares. One-month and YTD trends of the stock were in the red as they plunged -75.45% and -36.09% respectively. The 5-day trend of the stock remained in the red as it nosedived -51.8%.

Organovo Holdings Inc (PINKSHEETS:ONVO)’s volume in yesterday’s session was 1.54 million shares, while the average volume remained 768,562 shares. The stock opened the session at $4.14 and the day range of the stock was $3.63 – $4.15. The stock dropped -4.15% and closed the session at $3.93. The institutional ownership remained at 6%.

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