quote:

---

Originally posted by alohadream:
hope so.
bought just 15000 shares of pmed at .016 back in october and its been all downhill ever since but bought 85000 more at .0064 last week to bring it to an even 100000 shares.like even numbers and think pmed is due.hope its due like oxfv last fall was and clbe was a few weeks ago.

---

quote:

---

Originally posted by Sprintpcs:
Buytex admit this PMED was a big pump and dump. This week it will drop all the way back under .005 and people will be left holding the bag. No reason for this stock to have ran. The stock was sitting at .004's for weeks with no volume then all of a sudden you guys pump it and she moves. AKA pump and dump. This stock won't go anywhere near .02 which means FG .10 IS JUST 1 big stupid nummber which will never be reached.

---

quote:

---

Originally posted by Sprintpcs:
Exactly 10 of 13 you didn't learn anything from anyone. How about you buy PMED here and sell at .005 because thats where she is going to be on friday! I have an overseas account and I will be shorting this as of Monday!

---

quote:

---

Originally posted by Sprintpcs:
Buytex I am sure you didn't even buy any shares of PMED. If you did I hope you made bank but all the people who bought .01+ will be holding the bag once this week is done. Chart factors and everything else you mentioned is just a backing for your pump and dump.
Just as accumlation and frontloading is the same exact thing. All in the way the word is used I guess. Anyway new week new runners and that's what I am looking for. You guys can continue to pump your plays and post false DD. You gents have a nice day and good luck on your bags for this new week.

---

quote:

---

Just as accumlation and frontloading is the same exact thing.

---

Nope--you are wrong, once again--my frontloafing punk: when you guyz frontload, you know you're taking money from fellow traders...most often newbies.

Jeez, you inner-circle guys even screw peeps in your own group.

I couldn't sleep at night, doing what you guyz n galz do...
 

---

Posted by BuyTex on :
 
Alex? I'll give you this-- you have an uncanny knack for picking new aliases. Given your track-record here, I never woulda' guessed the "sprint..." nick
 

---

Posted by Forrestgump on :
 
BTex

I was also in contact with Will and I pointed out to him (see other thread)that I was seeing PMED at .01 within a week... Now two weeks later, I only state here base on chart - not on my feeling - PMED can reach .10 within a week or two according to the chart. 30 day MA line about to cross 60 day MA line and so on... but I don't have any control on who dumping or pumping this stock (read external elements)...I only read chart... I was right last time...and i don't know if I will be right this time...cos I don't predict I suggest what Chart suggest me...
 

---

Posted by Forrestgump on :
 
Shares are harder to buy that what it appears...
 

---

Posted by Forrestgump on :
 
Why $.10

Chart very bullish
30 MA line already cross 50 MA line upward
A/S 250m
O/S 100m

100m x .01 = 1m market cap (very low)
100m x .10 = 10m (probably less than 10 time the opportunity of this business here)
 

---

Posted by Forrestgump on :
 
By: milesstandishproud
13 Feb 2006, 11:06 AM EST
Msg. 999 of 999
Jump to msg. #
I think what happens on these little downdrafts is mainly due to retail sellers who are in cheaper and just want out. The MMs/retail buyers step back and let them sell, pick up the shares cheap, and then the price rebounds.

It's like clockwork, and the lows keep getting higher.

It's all good, and healthy.

Gotta head out for awhile. Later

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
 

---

Posted by kt325ci on :
 
Paradigm Medical Receives Canadian Regulatory Approval for Its P60 Ultrasound BioMicroscope
Feb 17, 2006 2:14:00 PM
Copyright Business Wire 2006
SALT LAKE CITY--(BUSINESS WIRE)--Feb. 17, 2006--

Paradigm Medical Industries, Inc. (OTCBB: PMED.OB/PMEDW.OB) today disclosed it has received a Canadian Device License for its new-generation P60 Ultrasound BioMicroscope (UBM). "The approval will allow the Company to begin selling the P60 in Canada immediately," said Paradigm Medical's President and Chief Executive Officer, Raymond P.L. Cannefax.

During the last ten months, Paradigm Medical has received regulatory approval for use of the P60 UBM in the United States and in Western European countries and some parts of the Pacific Rim. "Approval from Canada's Health Canada, Therapeutic Products Directorate is equivalent to our receiving U.S. Food and Drug Administration approval and the European CE Mark for the P60," Mr. Cannefax noted.

The P60 UBM is a fourth-generation device that is a sophisticated microprocessor-based, multi-frequency Ultrasound BioMicroscope that allows practitioners to acquire and view high-resolution images of the anterior segment of the eye. High-resolution images are also obtained of the iris, the lens and other surrounding structures, retina, and vitreous body. The P60 is used for imaging of vital structures of the eye, primarily the front half of the eye. Imaging of the anterior chamber angle is one of the principal areas studied in the detection and management of glaucoma pathologies and related surgical filtering. Glaucoma is the leading cause of blindness, affects one out of every five people over age 50. Some 75% of glaucoma goes undiagnosed because of the lack of sophisticated equipment.

The UBM line is Paradigm Medical's largest generator of revenues, accounting for more than 25% of sales, and providing high gross margins.

"Our marketing strategy is to aggressively enter the international marketplace for the P60, providing this new technology to the current users of our earlier-approved versions, in addition to new eye-care specialists. We believe demand will be significant for the P60 and have adequate finished product inventory to meet the immediate market need," Mr. Cannefax said. "We will also continue to market our other UBM devices--the P40 and P45--in regions where P60 has not yet received regulatory approval."

Paradigm Medical Industries, Inc., currently develops, manufactures and markets high-tech, proprietary diagnostic equipment and consumable products for the medical industry. The Company's corporate officers are located at 2355 South 1070 West, Salt Lake City, Utah 84119. Call (801) 977-8970 or visit us at www.paradigm-medical.com.

This press release contains statements that, if not verifiable historic fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.

Source: Paradigm Medical Industries, Inc.


----------------------------------------------
Paradigm Medical Industries
Inc.
Raymond Cannefax
801-977-8970
 

---

Posted by kt325ci on :
 
It's BLOWING UP!!!
 

---

Posted by JimSC on :
 
PMED: Hit the hight of 0.019 on news.
 

---

Posted by alohadream on :
 
YES!Have 1 million shares and its up 61.62% so far!
Great day!
Also for my LNXGF AMRS FMLY XMET!!!
 

---

Posted by kt325ci on :
 
25 million shares traded...new record
 

---

Posted by Peaser01 on :
 
In PMED.
 

---

Posted by coalkickin on :
 
In at .0171...hope I don't lose my INFO green. I hate greed
 

---

Posted by gryffindor on :
 
I'm in this one, too...
 

---

Posted by kt325ci on :
 
I got in at .125 and got more at .017. With this kind of volume we should see it .02+ by the close IMO.
 

---

Posted by coalkickin on :
 
.0181..
 

---

Posted by Peaser01 on :
 
MOOOOOOOVIIIN'
 

---

Posted by coalkickin on :
 
Yes...should run hard till close...(hoping)
 

---

Posted by kt325ci on :
 
.023x.0238 WOW!!!!
 

---

Posted by JimSC on :
 
Guess how high the MMs are going to pump it.
 

---

Posted by rkh2005 on :
 
I'm in at .019 with 70k
 

---

Posted by coalkickin on :
 
headin north..
 

---

Posted by Jelly on :
 
i thought I bought too high at .0171, guess not! woo Hoo!
 

---

Posted by JimSC on :
 
Don't worry, the MMs will pump it up for you.
 

---

Posted by JimSC on :
 
BANY will follow PMED soon. It's up 20% now.
 

---

Posted by coalkickin on :
 
Jim...what is a good exit point for PMED
 

---

Posted by JimSC on :
 
No idea. Looks like Monday will reach the
high of this cycle.
 

---

Posted by coalkickin on :
 
Market closed Monday? No? Come on .025 Thanks Jim
 

---

Posted by kt325ci on :
 
I smell .03 coming today...anyone else agree. Regardless of what happens, I'm holding for the gap up next week.
 

---

Posted by JimSC on :
 
If you can hold for 3 monthe, I know
the MMs can pump it up to 0.10. For
short term, the MMs will swing a few
more times to get more cheap shares.
 

---

Posted by coalkickin on :
 
.03 today..then a gap on Tuesday?
 

---

Posted by JimSC on :
 
I will get the capital out, and let the
rest ride. It jumps up 200%, far more than
my imagination.
 

---

Posted by coalkickin on :
 
thanks
 

---

Posted by JimSC on :
 
Don't worry about the dips -- that's
MMs' trick to get cheap shares. PMED
will have positive 10Q report due next week,
which will make another run. The new
mangement will pump this stock real
hard, because they got stock option
benefits.
 

---

Posted by kt325ci on :
 
Well....this has made my weekend. Can't wait till next week. I just bought in today on the news but congrats to all the longs that have been holding this.
 

---

Posted by alohadream on :
 
closed at .0215 up 117%.this is one of my keepers come dips or spikes.
 

---

Posted by Peterx on :
 
next week????????
 

---

Posted by JimSC on :
 
The MMs took the pps down for next week's
run; 10Q is also expected soon.
 

---

Posted by gryffindor on :
 
what's the best guesstimate after 10Q report? .04, perhaps? higher?
 

---

Posted by Sprintpcs on :
 
You know you are a pumper when you..
1) Give crazy sell points so you can undercut everyone's sell order. You bring enough volume to stop the stock short with AON orders. How is this? How many people have seen a stock move 200-300% in about 3 mintues and no one see'in it run can fill on the way up. Why is that? AON pump...

2) You get about 5-6 people to keep a post towards the top of a forum so everyone can see it. And you only seem to pump the price and what you think it should. You give 0 facts of the current o/s! Call the Transfer agent. You will be surprised how much she has increased since the last 10q.

3) Once the dump comes and you sell to everyones limit order which was not canceled. You take all the cash in the pot which is going into the stock. No longer is the Market Makers inventory being sold to the public. =)

4) You also tend to never talk about the stock again till a bagholder ask's for your help on what the stock has done. Your group that buys makes the money. People fill on the way down. You have about 6 people in your group who you control to post.

5) And if you are really good like Momo was you would even get a company to dilute a stock that ran from .0015 to .0139 all the way down to .0001 then r/s Thats real power not this little pump and dump thing you are doing here. This way a way to make money in the old days.
 

---

Posted by BuyTex on :
 
wtf are you talking about, lol?

Hey, I noticed ya asking somebody why they wouldn't answer your questions--how come you don't answer mine?
 

---

Posted by bmwboyee on :
 
watch out for next week. the 10Q is not going to be something you want to see. good luck to all.
 

---

Posted by matto on :
 
yes hes here also im buying his tuesday o im alredy in yes!
 

---

Posted by JoeMillion on :
 
WOW!!!!! Nice!!!

Joe
 

---

Posted by Sprintpcs on :
 

quote:

---

Originally posted by BuyTex:
wtf are you talking about, lol?

Hey, I noticed ya asking somebody why they wouldn't answer your questions--how come you don't answer mine?

---

quote:

---

Originally posted by Forrestgump:
Since I am the one who start this thread about PMED and no one was believing me...well like I said I don't speculate I just read chart...!

A/S 250m
O/S 100m (should be around that maybe more now)
Float ? ( should be a little bit higher than half of O/S)

EVEN 250 * .10 = only $25m market cap...with patent and almost more contract in the wallet...come on...The true value is higher but I won't speculate here...enough said about $.10.

MM's accumulate shares and fill the gap for 17 days now, the pressure should bring higher low...

Chart still look VERY VERY bullish. (look at the price trend...very interesting pattern here...)
http://stockcharts.com/def/servlet/SC.web?c=PMED,uu[w,a]daclyyay[pb50!b200!f][vc60][iut!La12,26,9]&pref=G

---

quote:

---

Originally posted by JimSC:
Guess how high the MMs are going to pump it.

---

quote:

---

Originally posted by coalkickin:
Jim...what is a good exit point for PMED

---

quote:

---

Originally posted by JimSC:
If you can hold for 3 monthe, I know
the MMs can pump it up to 0.10. For
short term, the MMs will swing a few
more times to get more cheap shares.

---

quote:

---

Originally posted by johnny14511:

quote:

---

Originally posted by coalkickin:
Jim...what is a good exit point for PMED

---

when the momo stops

---

quote:

---

Originally posted by nazpicker:
Highly important! PMED, is about to dump many new shares into the market, big time! I got the word from a reliable source. Be careful.

---

Look everyone told me the same thing when I called this as a subpenny. Here are the filings, no new shares.

http://www.pinksheets.com/quote/filings.jsp?symbol=PMED

my call was at .0048 after the s-8 churned into the market and i'm still riding freebies, pullback monday or not.

http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/2/t/010251.html
 

---

Posted by JimSC on :
 
Now, PMED got the loving care of
George's three good Friends, I wonder
how wild she will behave next week.
Watch it.
 

---

Posted by jagman925 on :
 
This definitely caught my radar screen this afternoon! Like Campbell's soup...Mmmm good!
 

---

Posted by Sprintpcs on :
 
No way a Chart can tell you a PR is coming. lol Lets be serious. Much like WHLI the company will come out with news let it run then dilute it.
 

---

Posted by BuyTex on :
 
WHLI? You ran that one, right?
 

---

Posted by keithsan on :
 
who said a chart can tell a pr.

but, through buy share counts and "dillutional division" you can aproximate the bottom of a stock. Therefore increaseing your chances of it going up. I.E. supply and demand.

To further that, A company knows it is dilluting and normally isnt stupid enough to dillute into the news. All news is withheld until dillution completed when possible, then a well timed pr will drive up price. Once dillutional shares have churned into the market price, good news will cause a rise and bad news will cause a drop.
 

---

Posted by Peterx on :
 
Press Release Source: Paradigm Medical Industries, Inc.


Paradigm Medical Receives Canadian Regulatory Approval for Its P60 Ultrasound BioMicroscope
Friday February 17, 2:14 pm ET


SALT LAKE CITY--(BUSINESS WIRE)--Feb. 17, 2006--Paradigm Medical Industries, Inc. (OTCBB: PMED.OB/PMEDW.OB) today disclosed it has received a Canadian Device License for its new-generation P60 Ultrasound BioMicroscope (UBM). "The approval will allow the Company to begin selling the P60 in Canada immediately," said Paradigm Medical's President and Chief Executive Officer, Raymond P.L. Cannefax.

...The UBM line is Paradigm Medical's largest generator of revenues, accounting for more than 25% of sales, and providing high gross margins.
 

---

Posted by Forrestgump on :
 
For thoses interestedAND PLEASE DO YOUR OWN DD...!

- PMED Chart scream to break out $.10.
- PMED will hit AT LEAST $.10 with or without any pumpers or dumpers.
- WHEN? At first I saw it within a week but that will depend of tuesday gapping... (I have a theory but I am sure no one care about it)

- Bulletin Board (opinion or comment) doesn't affect the pps OF ANY STOCK.
- WHY? THOSES WHO TAKE POSITION IN STOCK AND MAKE THEM MOVE DOESN'T READ BB. THEY ARE BASING THEIRS DECISIONS ON FUNDAMENTAL AND SOMETIME ON CHART...
- Institutional MAY have enter in this stock last week - if you look at the traded pattern - after close market.( This is normally a very good sign)
- I have been here for ALMOST three years NOW. I saw alot of pumpers and dumpers coming in and out and I survive...

I JUST WANT TO SHARE MY LITTLE KNOWLEDGE ABOUT CHART READING WITH THIS TRADER'S COMMUNAUTY FROM WHOM I LEARNED ALOT...I MAYBE WRONG...I MAYBE RIGHT... DOESN'T MATTER...I don't predict anything just TELL WHAT I SEE IN CHART AND OTHER INFO SOURCE.

THANKS AND HAVE A NICE WEEKEND.
 

---

Posted by Forrestgump on :
 
Chart:

http://stockcharts.com/h-sc/ui
 

---

Posted by Forrestgump on :
 
This one should work:

http://stockcharts.com/def/servlet/SC.web?c=PMED,uu[w,a]dallyyay[pb20!b50!f][vc60][iut!Ub14!La12,26,9]&pref=G
 

---

Posted by 7 of 9 on :
 
the pump is on...
 

---

Posted by Forrestgump on :
 
Continue your bashing 7 to 9...you are doing a GREAT job!
 

---

Posted by gryffindor on :
 
I'm with you, forrest...

run, PMED, run!
 

---

Posted by Forrestgump on :
 
Thanks Gryffindor

After three years posting here from time to time info on stock, it is about time I move on. Allstocks almost look like Raging Bull now...I use to love this site but now...Anayway I won't post anymore and this is fine with me and you know what this is not going to affect pps of any stock... I will keep my chart evaluation for me...
 

---

Posted by stocks1984 on :
 
looking for .05 short term here!
 

---

Posted by Peterx on :
 
I´m with you, forrest....

I´m with you, Stocks1984....

See you tomorrow!!!
 

---

Posted by rob_seller on :
 
Its would be a shame forest. Dont respond to any crticism. Keep up the good work.....
 

---

Posted by stocks1984 on :
 
remember i;m saying short term as in a month or so that it could hit .05. Might have a pullback tommorrow. JMHO
 

---

Posted by gryffindor on :
 
I dunno, stocks1984...it's looking good so far...!
 

---

Posted by indytrader on :
 
Nice gapping!

Indytrader
 

---

Posted by Peterx on :
 
whats the problem today???
 

---

Posted by stocks1984 on :
 
i would wait for the pullback to settle
 

---

Posted by stocks1984 on :
 
seen it happen to many times on PMED
 

---

Posted by stocks1984 on :
 
dont worry it will go back around march
 

---

Posted by indytrader on :
 
How much lower do you think it will drop stocks1984? I'd prefer to get out about now (breakeven for me) and buy later if you think its going to bottom out before it spikes again.

Indytrader
 

---

Posted by stocks1984 on :
 
is all your money thrown into this stock?
 

---

Posted by indytrader on :
 
No - only have about 5000 shares.

Indytrader
 

---

Posted by stocks1984 on :
 
its too hard to say but i jmho, remember just my opinion, it looks like .019 is the low base today, but it could drop down to .016 this week or next before another leg up.
 

---

Posted by indytrader on :
 
Okay, I just dumped them. There's too many other hot pennies today to tie up my capital in this. I'll get back in later. Thanks, stocks1984.

Indytrader
 

---

Posted by stocks1984 on :
 
well you could of waited to see what it does during lunch hour and after, but i understand
 

---

Posted by gryffindor on :
 
I may be wrong on this, but I think we still might have a good day here.

Either way, I'm staying in...
 

---

Posted by gryffindor on :
 
yeah, indytrader could have already made at least a couple of bucks if he had just stayed in a little longer
 

---

Posted by llatffej on :
 
here we go again .023 and climbing!!
 

---

Posted by gryffindor on :
 
yup we're moving here.... .025
 

---

Posted by stocks1984 on :
 
again .05 short term
 

---

Posted by gryffindor on :
 
.027 we're flying now...!
 

---

Posted by alohadream on :
 
Should have waited indy.Dumping only 5000 shares isn't too bad but I decided to hold my 100000 no matter what and this morning's dip was the shakeout for this afternoon's rise.Love patents and Canada is a big market.Should see .05 this week and in March it could hit .10.
 

---

Posted by rkh2005 on :
 
Any prospect as to where this will be on Thursday? I can't sell until then.
 

---

Posted by gryffindor on :
 
this is so going to break .03 today...
 

---

Posted by llatffej on :
 
.028 i think im going to sell my shares at .03
 

---

Posted by indytrader on :
 
That's okay - I made my money in VRDM this morning :-). Like they say with pennies, never look back, no?

I'll keep this one on my watch list for a while to see if it dives again.

Indytrader
 

---

Posted by gryffindor on :
 
.03 baby...hang on...
 

---

Posted by llatffej on :
 
yes!! still going strong
changed my sel to .035
 

---

Posted by stocks1984 on :
 
.05 maybe sooner than i expected!
 

---

Posted by llatffej on :
 
profit taking going on now
 

---

Posted by stocks1984 on :
 
might hit .04 or close to .04 today jmho
 

---

Posted by gryffindor on :
 
you may be right...it's still holding up pretty well, even with people grabbing profits
 

---

Posted by stocks1984 on :
 
if it dips alittle more i'm buying
 

---

Posted by doling2005 on :
 
I'm hopin for a dip to get in to. 40 million shares traded on this puppy
 

---

Posted by llatffej on :
 
still holding strong. eod run to .04 im very possible
 

---

Posted by llatffej on :
 
more profit takers
 

---

Posted by gryffindor on :
 
seems like it's hitting a wall at .031...if it gets past there, we're golden
 

---

Posted by Peterx on :
 
if it gets past .0350 we´re golden
 

---

Posted by gryffindor on :
 
that too...
 

---

Posted by narbeh on :
 
or you're all wrong, and it dips back to the mid 2 cent range
 

---

Posted by Peterx on :
 
tomorrow we´ll get it!!!
 

---

Posted by gryffindor on :
 
nope..still looks like it might close at .03 (or higher)
 

---

Posted by gryffindor on :
 
oops..maybe you're right narbeh...somebody just took a nice profit!
 

---

Posted by Peterx on :
 
I like this close.... 0.0265! +23,26%!!!!
 

---

Posted by Peterx on :
 
Tomorrow open at .0280 min!
 

---

Posted by alohadream on :
 
Only 23.26% may sound like a letdown from 117% but any other stock that goes up that much had a rare great day.Still more upside to go with big volume buying interest and high demand and news coming out any day.
 

---

Posted by Forrestgump on :
 
MM's were not filling large orders...

PMED hit SMA 200 day...but close under...

New high low...

Very difficult to get fill...

Data forming a triangle on chart pointing around .10...

Waiting for some news about Revenues and contract at this point to see more movment...

That is how I saw PMED today...
 

---

Posted by Rich735 on :
 
What is the O/S and A/S?

Thanks
 

---

Posted by Peterx on :
 
when the next up???? soon????
 

---

Posted by Peterx on :
 
Nobody sell! ?
 

---

Posted by Forrestgump on :
 
FACTS:

Volume:
113,056,034 shares traded in two days

AVG VOLUME (3m) was around: 2,016,760

Each time MM's bring the bid lower more buying pressure come...

MM's trying to equilibre the bid and ask by playing with fraction...to cover.

I saw ARCA yesterday trying to break the ask by putting a fake volume of sell at 800 on level 2.

MM's need to cover before the new CEO drop news about China Market...
 

---

Posted by Peterx on :
 
-28,30%
 

---

Posted by alohadream on :
 

quote:

---

Originally posted by Peterx:
-28,30%

---

quote:

---

Originally posted by alohadream:

quote:

---

Originally posted by Peterx:
-28,30%

---

Was up almost that amount yesterday so it is breaking even so far this week.Still up over 100% from last Friday and with the higher base and volume and buyer interest,this will explode soon.Imagine China's market size and PMED getting in there.Hold this puppy and get more on the dips.

---

I Hope IT!!

Good luck!!!
 

---

Posted by Forrestgump on :
 
Latest news

CEO is in China and will be back on Friday. A PR may be issued on his visit.
 

---

Posted by gryffindor on :
 
Here's a question: anybody happen to read this part of the employment agreement btw. PMED & Raymond Cannefax?

"Notwithstanding the requirements of the preceding sentence,
Employee shall be permitted to perform work relating to Chinese
regulatory matters pursuant to a potential consulting agreement with
Escalon Medical Corp."

Does this mean that Cannefax is allowed to do private consulting work with Escalon IN ADDITION to his responsibilities as CEO, or doees it mean that part of his responsibility as CEO is to ESTABLISH a potential consulting agreement with Escalon on PMED's behalf? And are these "regulatory matters" in relation to getting Chinese approval for opthalmic equipment (the same approval that we are all looking for)?

It also looks like Cannefax will receive some nice stock options if the company performs well.

hmmm...

Anyway, you can read the document for yourself at

http://sec.edgar-online.com/2006/01/18/0000096313-06-000017/Section5.asp

Well in any case, let's hope for a strong end of the week. We're down today but not out. I'm still looking for .03 + by Friday's close, higher if the PR that forrest is talking about comes out.
 

---

Posted by gryffindor on :
 
Hmm. I don't get this selloff. Some serious limbo action going on. The lows are getting tested here?
 

---

Posted by gryffindor on :
 
perhaps bottom around .015 to .016...? if so, this might be a good time to get in/add, if this starts moving north again
 

---

Posted by gryffindor on :
 
yup, here we go back up again
 

---

Posted by gryffindor on :
 
am I the only one still in this here? Feel like I'm hearing echoes. Geez...

anyway, I just read on another board that someone who called PMED learned that Cannefax is back from the China trip today and that a PR may be issued as early as this afternoon.

remember we were here at .017 last week and this week this thing shot to .031 on the Canada news? If this China thing is true, it's gonna be huge.
 

---

Posted by gryffindor on :
 
whoa...I stopped watching this for a while and suddenly we were up to .0196!
 

---

Posted by gryffindor on :
 
running...at .021
 

---

Posted by gryffindor on :
 
.022...

this bodes well for tomorrow...
 

---

Posted by dbrownRC on :
 
i saw that bottom a little while ago as well...i was wishing i had some funds to get in but no luck...just lettin you know youre not alone gryf
 

---

Posted by gryffindor on :
 
thanks dbrown!

good to hear some other voices out there!

looks like we ended at .023...nice!!!

up 21% on the day!
 

---

Posted by stocks1984 on :
 
told you that it should dip down to .015 or .016 level before heading back up!
 

---

Posted by alohadream on :
 
.023 21% is a nice end of day.This is one of my 20 pennies that I am just holding so don't keep track of its daily ups and downs like most of the others.Not looking to sell on a spike unless its 1000% or more.
 

---

Posted by gryffindor on :
 
hey--if this thing goes up 1000%, I'll be saying aloha to MY travel agent
 

---

Posted by narbeh on :
 

quote:

---

Originally posted by gryffindor:
hey--if this thing goes up 1000%, I'll be saying aloha to MY travel agent

---

amen to that brotha... spring break will be paid off... actually, only need a grand to pay off a eurotrip to ireland and amsterdam
 

---

Posted by alohadream on :
 
Looks like this afternoon is going to be big after a neutral but bubbling morning.
Anticipation of China news next week could bring in a rush of buying to end this week near .03.
 

---

Posted by gryffindor on :
 
I would have liked to have seen the China news today, but I guess we'll have to wait until next week. Looks like we'll close about even for the day. Maybe nice gap up on Monday, though?
 

---

Posted by Forrestgump on :
 
Estimation

2005 Revenue = 2,7m (estimated)
O/S = 100m ( estimated)
Revenue per share = .027
multiple X 10 (conservative) = .27pps (should be around that)

At .02 pps is under revenue per share. I still believe .10 it is not inapropriate at this time for PMED. Even with no news or contracts from China this Co is undervalued. Can you imagine the affect on pps of any good news this weeks? I do!
 

---

Posted by gryffindor on :
 
looks like we're moving again, up 24% so far on the day at .025
 

---

Posted by gryffindor on :
 
even with a little dip, this is holding strong...doesn't seem like there's a lot of sellers here...people are holding and waiting for the news
 

---

Posted by gryffindor on :
 
back up to .0239 - .024 and still holding nicely...I think we're getting poised to move up to .03 and .04...and then that .10 might come sooner than later when we get the good news
 

---

Posted by narbeh on :
 

quote:

---

Originally posted by gryffindor:
back up to .0239 - .024 and still holding nicely...I think we're getting poised to move up to .03 and .04...and then that .10 might come sooner than later when we get the good news

---

amen to that. MarketCaster is being a b*tch (Etrade's live streaming quote popup), so im stuck mashing keys to get real quotes from the website itself. it says realtime quote and that its droppin to .022 right now.
 

---

Posted by gryffindor on :
 
yeah I'm on etrade, too...i agree, marketcaster is acting weird.

Did you see when the price said .0024 just before it dropped to .022? I'm thinking that somebody typed something in wrong, but i dunno
 

---

Posted by narbeh on :
 
yea, thats happened before with AGMG, which i bought way back when on its dip (which actually dipped lower than i expected and stayed there at its 52 week low.... a crap stock now).... one day, out of the blue, instead of .00x it was .0x so off by a decimal... change % matched, and so on. but after about 4 hours of me panicking to get to a computer and sell before this random boom died, it got fixed. But i guess with these penny stocks, you can't always expect accurate amounts
 

---

Posted by narbeh on :
 
snoreeeeeeeeeeeeeeee, my patience is growing thin... but that's a good sign because whenever im on the edge of selling, i end up doing it, then the stock goes up. so this time, ill just hold, and ill be holding when it does god im so good at this, yet im not rich yet
 

---

Posted by gryffindor on :
 
hang in there buddy. The volume will explode when we get the news.
 

---

Posted by narbeh on :
 
0.025 for a sec. why is this thread so quiet? its just you and i now gryf haha
 

---

Posted by gryffindor on :
 
looks like it...lol

this thing wants to get to .03 so bad today...
 

---

Posted by gryffindor on :
 
weird spread... .0217 x .024
 

---

Posted by gryffindor on :
 
sorry looked at it wrong...the price is below the ask...price at .0217...ask at .023

weird stuff going on today
 

---

Posted by gryffindor on :
 
i mean bid at .023
 

---

Posted by gryffindor on :
 
somebody's selling some big chunks here
 

---

Posted by gryffindor on :
 
suddenly back up to .024 from .020...that was definitely a weird sequence there
 

---

Posted by gryffindor on :
 
somebody started another thread that said that PMED was "soaked in gasoline". Although we haven't seen a lot of movement today, this statement is true, at least in terms of the fact that this stock will definitely catch fire if and when this China news comes out. We've been holding strong around the .02 - .025 range since the news of Canadian approval of the P60 biomicroscope came out almost two weeks ago, with a low around .016 and a high around .031. Now that the stock has settled in the low .02's we are ready for a nice move to the next level. Predictions that would carry this to .10 and higher in the near future are not unrealistic.
 

---

Posted by gryffindor on :
 
no sooner did I speak than this thing start moving...looks like we're going to end on a nice high here...moving fast up to .027 +
 

---

Posted by Goodones on :
 
Great terms to this financing. PMED is soaked in gasoline.
 

---

Posted by gryffindor on :
 
news just out:

Paradigm Medical Completes $1.5-Million Financing

March 01, 2006 15:31:01 (ET)


SALT LAKE CITY, Mar 01, 2006 (BUSINESS WIRE) -- Paradigm Medical Industries, Inc. (OTCBB: PMED.OB/PMEDW.OB) today announced it has completed the sale of $1.5 million in secured convertible notes, through Laidlaw & Co. (UK) of New York City, and an institutional investor. The notes are to purchased by the investors in three traunches of $500,000 each. Paradigm Medical received the first traunche upon signing definitive investment agreements on February 28, 2006. The Company will receive the second traunche upon the filing of a registration statement with the Securities and Exchange Commission and the third traunche upon the effectiveness of the registration.

"Additional capital is needed at this point to provide the Company will adequate funds to expand global sales and marketing programs, especially for the P60 Ultrasound BioMicroscope," said Paradigm Medical's Chief Executive Officer, Raymond P.L. Cannefax. "Moreover, we will now have adequate funds to purchase additional inventory to satisfy expected strong customer demand for all of our products."

The notes are due three years after issuance and are secured by Paradigm Medical's assets, including inventory, accounts payable and intellectual property. The notes are convertible into shares of the Company's common stock at anytime during their term. The conversion price is equal to the lesser of (a) $0.02 per share or (b) the average of the lowest intra-day trading prices during the 20 trading days immediately prior to the conversion date discounted by 40%.

Interest on the notes is payable at 8% per year, payable quarterly in cash, with six-months of interest payable up front. The notes are callable, with prepayment allowed at any time that the price of Paradigm Medical's stock is $0.10 per share or less.

In addition, Paradigm Medical is required to issue warrants to the investors to acquire an aggregate of 12 million shares of the Company's common stock, at an exercise price of $0.10 per share. The warrants will have a five-year term from the date of issuance, with cashless exercise permitted in the event there is not an effective registration statement registering the warrants.

Paradigm Medical is required to register the shares of its common stock issuable upon the conversion of the notes and the exercise of the warrants. The registration statement must be filed with the SEC within 60 days of the February 28, 2006 closing date and the effectiveness of the registration is to be within 135 days of such closing date.

Paradigm Medical Industries, Inc., currently develops, manufactures and markets high-tech, proprietary diagnostic equipment and consumable products for the medical industry. The Company's corporate offices are located at 2355 South 1070 West, Salt Lake City, Utah 84119. Call (801) 977-8970 or visit us at www.paradigm-medical.com.

This press release contains statements that, if not verifiable historic fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.

SOURCE: Paradigm Medical Industries, Inc.


Paradigm Medical Industries, Inc.
Raymond P.L. Cannefax, CEO, 801-977-8970
Copyright Business Wire 2006
 

---

Posted by gryffindor on :
 
clearly it's not only us, but PMED itself that has a short range goal of stock pps at .10 +
 

---

Posted by stocks1984 on :
 
dont forget about this one today!
 

---

Posted by narbeh on :
 
today supposed to be the run? i've been in for a few weeks, still deciding where to cap my profit... how far you guys lookin for the run? or is this .10 run the short term one compared to the .50 that was claimed for a few months
 

---

Posted by redgurl19 on :
 
.50
 

---

Posted by narbeh on :
 
haha redgurl, how long for that mark?
 

---

Posted by gryffindor on :
 
my goal will depend on how fast this thing runs and how news pans out. Personally, I'd be pretty satisfied with .10, but I've read posts on other boards with goals of .13 - .20 +
 

---

Posted by gryffindor on :
 
my goal will depend on how fast this thing runs and how news pans out. Personally, I'd be pretty satisfied with .10, but I've read posts on other boards with goals of .13 - .20 +
 

---

Posted by gryffindor on :
 
To be honest, I'm a bit surprised that there hasn't been more of a positive reaction to the financing news. Obviously in order to increase their sales, they're going to need more capital. The fact that they sought financing tells me that they mean business about increasing their sales figures. And the fact that the investors are willing to give them such positive financing terms tells me that they also feel that PMED has what it takes to make the sales increase happen. Add that to the expansion of sales operations in China and you have a winning combination.
 

---

Posted by gryffindor on :
 
at .021 X .022...

just an observation, but it seems to always be a good sign when we're looking at only three decimal places instead of four (plus)...usually means less manipulation going on
 

---

Posted by gryffindor on :
 
chart is ugly today and yesterday. Seems like there is either some dilution going on (investors who provided the financing are already cashing in?), or some small-time investors got nervous and were scared off by the financing news. I'm still bullish on this stock though. Once they release any positive news on China we should be back over .03 and should head up from there. Seems to me that smart people should hang on to their stock or add on dips like these, IMHO.
 

---

Posted by narbeh on :
 
anybody still holdin on? it took a dip on Friday and bounced back up to 0.019. I'm still holding, this company seems to have good potential. gryf, where are you? anybody else still in?
 

---

Posted by gryffindor on :
 
Hey narbeh, glad to hear you're still hanging in there. I'm still here.

I still agree that the company has a lot of potential. But I think some people got nervous when the financing news came out instead of the China news that we were looking for. Now it looks like we are running in place or drifting in a downward direction here until we hear the next bit of positive news. I hope this isn't the case, but that's how it looks, based on the last few days.

At the same time, it wouldn't take a whole lot to get this fired up again. Looking at L2s, if we can get back over the hump quickly again at .02 then we only have a few bids in the middle .02s to sail past before we can get back into the .03s. I think that there are still plenty of people holding on to see what happens, and plenty of people who can still see this going to .04 + in a very short period of time. However, if dilution is in fact going on (difficult to tell right now), then the selling will have to be absorbed by an influx of new buyers. With volume down right now, we will need to see more new buyers coming on the scene to get where we want to be. That's why news is crucial here. Now that momentum has slowed down, we could really use a confidence booster soon. But if we get it, this could easily take off again in no time.

All in my opinion, of course.
 

---

Posted by gryffindor on :
 
well not a whole lot to cheer about, but the spread has tightened up in the last couple of hours and we have inched up a couple of millimeters at .0188...

I think we need to break .021 or so to get this thing signififantly moving again, though
 

---

Posted by gryffindor on :
 
up another microblip at .0189 X .0194
 

---

Posted by gryffindor on :
 
i'm gonna go out on a limb and say we close at or above the open of .0194
 

---

Posted by gryffindor on :
 
yup, up another microblip to .0190...

c'mon, let's see .02!
 

---

Posted by narbeh on :
 
:::::fingers crossed:::::
 

---

Posted by gryffindor on :
 
bummer--down a tenth to .0184...darn that last few minutes! Still drifting downward

Based on the last few days, it does seem that there is a lot of bid support in the .015 - .016 range, so hopefully it won't go below that. And hopefully we will hear some positive news before we dip that low.
 

---

Posted by gryffindor on :
 
Did you read this section of the 8K?

"Under the terms of the notes, the unpaid principal balance of notes, together with any accrued interest thereon, are due and payable three years after the date of issuance. The unpaid principal balance on the notes that were purchased on February 28, 2006 is due on February 28, 2009. Interest is payable on the notes at 8% per annum, payable quarterly in cash, with six months of interest payable up front. However, the interest rate resets to zero percent for any month in which the stock price is greater than 125% of the initial market price, or $.0275, for each trading date during that month."

I dunno, but this tells me that PMED is going to do everything that they can to keep the stock price over .0275, in order to avoid paying interest rate on the newly borrowed funds. If PMED does its job, then, that means that anybody who gets in at this price range should see a nice return on the investment. No?

The way I read this, if they put the money to good use and sell some units, we should them doing everything they can to get this back into the .03+ range that we saw, briefly, not too long ago. So maybe news will be issued sooner rather than later? Let's hope so!
 

---

Posted by Forrestgump on :
 
With almost 90m of new shares throw in the market from now til June... may stay there for a while but don't really know how long. I still believe in the potential of PMED...
 

---

Posted by gryffindor on :
 
looking good for today, up 9 % on the day so far at .02 and holding strong
 

---

Posted by gryffindor on :
 
there's been some large buys here at around .0199 - .020 among the last few transactions. At 12:03 someone bought 400K shares, and there have been a number of other large buys this morning and yesterday afternoon. Somebody's loading up here...?
 

---

Posted by gryffindor on :
 
humph. well at least we didn't close down today
 

---

Posted by narbeh on :
 

quote:

---

Originally posted by Forrestgump:
I still believe in the potential of PMED...

---

me too
 

---

Posted by gryffindor on :
 
Yeah, I'm still with you and forrest, narbeh, but these end of the day sales are starting to worry me. Seems like a pattern has developed lately where a lot of shares are sold in the last fifteen minutes or so of the trading session. Huge chunks were sold today, right near the end. We're still hanging in here in the high .01's, with what looks like strong bid support. But the downward drift will probably continue until we hear something positive to counter the negative reaction to the financing news.

I'm still optimistic though. I'm hoping that this turns around real soon, and I know that it definitely can. I still think that a well-timed positive PR will give this a shot in the arm.
 

---

Posted by narbeh on :
 
yea im thinking people are draggin this down by bidding on it low... just so they can buy big later... i dont have L2 access so i cant post it, but just IMO, just a guess.... kind of like a domino effect... sounds crazy, but i noticed it with this stock's downward plunge last year (AGMG in january through february and march... in case you wanna do some research)...

anyways, I'm still in and holding... I'm not selling for a loss or a small gain, this is going for a strong gain sooner or later and i wanna stick around for it. I missed LFWK, because i got impatient after weeks of holding it at 0.0035... now its in the .03x range, and people are claiming a climb into the high 4 cent range tomorrow, and possibly spikin 5's.... definitely a KICK MYSELF moment... its not happening anymore

GO PMED!!!
 

---

Posted by Goodones on :
 
Any news about China or any PR about sells of the P60 and we are gold.
 

---

Posted by gryffindor on :
 
hmm...will tomorrow be the big day?
 

---

Posted by gryffindor on :
 
at around .013 this should be at or near the bottom. There is just way too much potential in this stock. Reversal should happen soon.
 

---

Posted by JimSC on :
 
PMED: 0.0122 -- great entry point.
 

---

Posted by Forrestgump on :
 
I am not sure cos PMED on SHO list

http://www.nasdaqtrader.com/aspx/regsho.aspx
 

---

Posted by JimSC on :
 
PMED: 0.0139 -- up 14% from the bottom of
0.0122.
 

---

Posted by JimSC on :
 
PMED: among last 10 trades -- 9 buys vs. 1 sale.
Strong uptrend. Watch it.
 

---

Posted by JimSC on :
 
PMED: 0.0168. Running.
Watch it.
 

---

Posted by gryffindor on :
 
looks like the reversal is in progress
 

---

Posted by gryffindor on :
 
at .0175 and climbing
 

---

Posted by JimSC on :
 
Thanks to Gryffinder for his great
call this morning. PMED is on her
way to her 52-week high. Just be
patient and watch it.
 

---

Posted by JimSC on :
 
PMED: 0.018 up 46% from the bottom of
0.0122 this morning.
 

---

Posted by gryffindor on :
 
thanks jim.

.0185 and still moving up! will it hit .02 today?
 

---

Posted by gryffindor on :
 
we're moving here !!
 

---

Posted by gryffindor on :
 
.02 and climbing!
 

---

Posted by gryffindor on :
 
vol near 14 million already...
 

---

Posted by lucid on :
 
almost 17m...
 

---

Posted by gryffindor on :
 
vol 17 mil...up 26 % on the day so far with nice buying pressure.

This thing breaks .021 - .022 and it should really go nuts!
 

---

Posted by Peterx on :
 
GO PMED!!!!!!!!!
 

---

Posted by gryffindor on :
 
********* named pmed a "hot pick"...

check this out:

http://www.the*********.com/
 

---

Posted by gryffindor on :
 
that's s-t-o-c-k-s-t-e-r
 

---

Posted by gryffindor on :
 
HUGE volume today. We haven't seen this kind of volume since the last huge run
 

---

Posted by gryffindor on :
 
thing is, if it can nearly double yesterday's low of .0122, and jump 30% today on no news at all, imagine how far and fast it will fly when we actually GET news....
 

---

Posted by JimSC on :
 
Thanks, Gryffindor, for your DD.
I love PMED.
 

---

Posted by narbeh on :
 
pmed is losin steam, .0185 now. should be just a slight pull back, anybody sell short today at over .02?
 

---

Posted by gryffindor on :
 
I wouldn't be too concerned about the pullback here. I'm not selling any shares until we hit the .03s again.

even then i'm not selling the lot. I still expect this to reach .05 + long term
 

---

Posted by narbeh on :
 
yea not worried. back to .02. GO PMED, lets rollllll
 

---

Posted by JimSC on :
 
PMED: up 34% with high volume.
 

---

Posted by Repoman75 on :
 
Stock ster pick
 

---

Posted by superman7 on :
 
PMED...i am finally in took 10 min to fill way above the ask!!

this will go big imo being pumped by so many websites today and breaking HOD as we speak!!...this has to go big today and tommorow

Goodluck!
 

---

Posted by superman7 on :
 
PMED now listed as Stock of Day on 4 sites including Wall Street News......HERE WE GO. .0249 resistance going BYEBYE!!!
 

---

Posted by JimSC on :
 
Cheers to all.
 

---

Posted by gryffindor on :
 
looking great...let's see .03 + !!!!

 

---

Posted by lucid on :
 
good run but didn't end as high as I would have liked...
 

---

Posted by gryffindor on :
 
after a brief dip, nice finish at .02...up .24 % on the day. This looks good for tomorrow.
 

---

Posted by Peterx on :
 
gap up tomorrow??? possibly
 

---

Posted by gryffindor on :
 
holding nicely here above the open price at .0205 thru the lunchtime break...looks like people are holding on after the high volume of yesterday...and all's quiet on the MM front (for the moment at least...)

now let's see a nice rise in pps as we head toward the close!
 

---

Posted by hazel1401 on :
 
this should be strong at close, should pick up steam if we can keep the volume high
.019/.0195
could see .025 today if all goes good, nice and easy
 

---

Posted by gryffindor on :
 
I agree hazel, we could easily see .025 or higher today, esp. if volume stays high and we have enough buyers..

at the same time, it looks I spoke too soon in the last post-- MM's are back in business-- shaving down the pps, w/ NITE and UBSS leading the way, edging the price downward in an environment of reduced buying pressure.

It sure would be nice to see some positive news today, to send the MM's packing.
 

---

Posted by gryffindor on :
 
I may be wrong on this, but I think we found a bottom again today around .0149 and we're prepping for a move up.

To quote The Jeffersons: we're movin' on up!
 

---

Posted by hazel1401 on :
 
I agree, that could be possible with the bid at .015 and the ask at .0167, we just need a couple of good buys, and little or no sells. I guess we will find out a bit after their lunch break!
 

---

Posted by gryffindor on :
 
volume is picking up. 3 million shares just traded in short order, up from 6 million to 9. Volume is significantly up from Friday's low vol day. I think something is happening here...
 

---

Posted by hazel1401 on :
 
.015/.016
would be nice to eventually see a hod.
could be possible if we see some more big buys
 

---

Posted by gryffindor on :
 
now pps at .0167...
 

---

Posted by hazel1401 on :
 
.015/.0155
whats going on?
 

---

Posted by hazel1401 on :
 
.015/.0155
whats going on?
spoke to soon
.015/.0167
I think we might see a big move here in the next 1hr or so. I just hope its in our favor, lol.
 

---

Posted by hurricanematt on :
 
I think this one will go down a little more before it goes back up.
 

---

Posted by hazel1401 on :
 
I hope your just guessing... I also hope you're usually wrong! lol. if we can see another upward move, I think I will add to my pmed collection.
 

---

Posted by gryffindor on :
 
ouch hurricane matt, maybe you were right...down to .0145 now. But the ask is still up at .0165. Weird. We're starting to get some big spreads here in the last few hours.
 

---

Posted by hazel1401 on :
 
.016/.0165
would be nice if we could break this barrier
 

---

Posted by Stockstar69 on :
 
Kind of stuck in the mud now. Waiting for some catalyst to go up/down?
 

---

Posted by KingKory on :
 

quote:

---

Paradigm Medical Names Luis Mostacero VP Finance
Monday March 20, 2:08 pm ET

SALT LAKE CITY--(BUSINESS WIRE)--March 20, 2006--Paradigm Medical Industries, Inc. (OTCBB: PMED.OB/PMEDW.OB) today announced that Luis Mostacero has rejoined the Company as Vice President Finance, effective immediately. Mr. Mostacero, 41, previously served as Controller from June 2000 to August 2005.

"We are extremely pleased that Luis Mostacero has accepted our offer to return to Paradigm Medical. He has a long history with the Company and is a tremendous asset to our effort of rapidly increasing our global presence within the ophthalmic industry, and the upcoming introduction of our enhanced product line," said Paradigm Medical's Chief Executive Officer, Raymond P.L. Cannefax.

Mr. Mostacero, a native of Peru, served as Controller of Distinctive Creations, a Utah-based manufacturing company, from September 2005 to March 2006. He has more than 10 years experience, mainly in business and finance, in the U.S.

"My goal is to create a more disciplined financial-controls structure at Paradigm Medical," Mr. Mostacero noted. "The Company has superior products and technology and is diligently working on sales and marketing programs to expand its operations and improve its performance. Coordinated internal financial planning and metrics will bolster the Company's performance and improve its balance sheet."

Paradigm Medical Industries, Inc., currently develops, manufactures and markets high-tech, proprietary diagnostic equipment and consumable products for the medical industry. The Company's corporate offices are located at 2355 South 1070 West, Salt Lake City, Utah 84119. Call (801) 977-8970 or visit us at www.paradigm-medical.com.

This press release contains statements that, if not verifiable historic fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.

---