Newbie may have made a mistake. bought PMED at .018 has been falling steady. Thinking about cutting losses. It's now trading at .0105 anybody think there is hope? Also bought SEVI at .05 another bad idea it's now .026 but they will release financials on APR 19 I hope it is good news. Any and all advise is welcome. Thanks
Posted by llatffej on :
hold pmed it goes on runs to about .025-.03 everyone in awhile. im holding and bout in at .015
Posted by BULListic on :
Love PMED down here near $.01 and I would be buying at this price IMO. SEVI....played it twice from $.021 to $.028, and I would hang on or average down on its next trip to the low 2's with financials coming and maybe more Microsoft involvement.
Posted by Fuzzy1018 on :
don't sell pmed, hold it a while longer it should find its way bck up. I've invested in this in the past and it tends to bounce bck atleast to .02
Posted by edgewise on :
I'm trying to get into PMED right now at .0105, but it hasn't gone through yet.
IMO, going by how the chart looks like, it's bottom is around .010.. And it seems that once it reaches this level, then it could have another bounce.
These drastic quick falls seem to kinda be good for the stock sometimes, because IMO, it's the MMs pulling down the pps real quick before letting the thing run. Look around March 14th on a chart, and see all the red and then a nice bounce from there.
It seems to me that there's a lot of support right around .010 from the period between Feb. 4th till the 18th or so. That's why I don't think it'll go much below that level.
But your money is yours. It all depends on if you've already got another potential good play in mind. If you've got someplace to put your money that you think will give you some nice returns real quick, maybe you'll wanna do that. But I think that PMED is reaching its bottom right now, and it would be safe for you to keep it in here for the time being, cuz I think it'll have another bounce sometime soon.
And the last thing you'd wanna do is to have sold out of your position right before it goes back up.
But, it's your call. Good luck.
Posted by JimSC on :
I have good experience with PMED. It will follow the patern of BANY, which hit the top at 0.045 last week. PMED can hit 0.045 in a few weeks. See the charts of BANY, VITS, and IMNR, and you will find out how the MMs play the games -- they want to wear you out and get your shares for cheap. Patience is the key to win this game.
Posted by edgewise on :
See those couple buys between 1:06pm and 1:08pm? Yea, that's just me, trying to get 100k shares of this. I only got 40k before the thing upticked on me.
Imagine what'll happen when this thing gets real volume!
Posted by FIST13F on :
Thanks to all, like I said I am a newbie and I have alot to learn. I am currently stationed in Iraq, and I am glad I found this site. Thanks again.
Posted by edgewise on :
I guess the MMs got the memo that told them I sold this at .0104 yesterday out of impatience. As a lesson (as if I didn't get enough already today), the bid is now .0125.
One day I'll learn this thing everyone here calls 'patience'.
Posted by gryffindor on :
check it out, looks like we may be on the move again. Up to .0134 and up 5% on the day. Chart is looking good.
Posted by gryffindor on :
at .014 X .0143
Posted by JimSC on :
PMED: will follow the trend of BANY, which hit 0.045 two weeks ago.
Posted by gryffindor on :
looking great today...this thing may really pop when we get the 10K and/or some good news...
Posted by JimSC on :
PMED can run without a PR, because many investors are looking for a promising company with pps at 0.01X.
Posted by JimSC on :
Great chart for long term uptrend.
Posted by gryffindor on :
I agree Jim, but some news would certainly help to generate some additional volume!
But this is definitely a promising company, and this is a great price at the moment. I could see us getting back to the .02s in short order just on the chart and momentum alone.
Posted by JimSC on :
I agree.
Posted by JimSC on :
PMED is good for day traders too.
Posted by gryffindor on :
at .0142 X .0144 and doing nicely. If this crosses the .016 level and then has another strong day tomorrow we may be seeing the beginning of a nice trend reversal here
Posted by BULListic on :
Out at .0140 temporarily as I think it may go down after this 40% runup after the "E" is slapped on tomorrow. See you all again soon if I'm right at a better price.
Posted by gryffindor on :
just hit .0145
Posted by gryffindor on :
I think you might have gotten out just a bit too early bullistic, but good luck to you
Posted by JimSC on :
Bull, check the chart of BANY. This may be the beginning of a multi-day uptrend.
Posted by BULListic on :
Jim, I haven't had a profit on a stock since 1989 so I couldn't resist....I just think it may hit the wall here a little bit because all it takes is a few sellers when the "E" pops on tomorrow and any re-entry point below .0140 for me will have made the decision a good one. If it continues up, then great for the longs, just looking for a little retracement here and a re-entry to see the good news on the way that the financing was well spent on production to meet demand Posted by JimSC on :
Great, Bull. Based on the accumulation history of the MMs, this is the beginning of the uptrend to the new 52-week high. There will be many bumps and swings, in the end it will reach 0.08 within 4 months, just like FEMO. Watch it.
Posted by gryffindor on :
hmm. well maybe you were right bull, after all. But I'm still looking for a strong close here today, and an even stronger close tomorrow
Posted by BULListic on :
Gryff, I think I'll be right in the next 50 minutes to 24 hours, and JimSC will ultimately be right longer term on with his assessment, as usual. I'm just hoping to get back in 20% cheaper so I can get an extra 50k of shares. But in the long run, if you do anything, listen to the Grand Poohba, JimSC, he will not let you down! Yikes, I think we're being watched, no trades in PMED in 36 minutes, so steady as she goes.
Posted by gryffindor on :
closed at .014...not bad, right at your exit price, bull. Up over 10% on the day.
We'll have to see what happens with the extension on the 10K, but we may just see this cross .016 tomorrow, or very shortly. When we do, I think it's going to be up from here, long term, as the "Grand Poohba" says...
Posted by hazel1401 on :
just a bump in the road! MMs want every cheap share they can get, if everyone would just stop selling,lol
Posted by BULListic on :
Got what I wanted, price fell from .0145 to .0095 and I'm back in, and cheaper than the original shares I had. 250k buy wiped out ARCA at .0095 and now 3 sitting at .01 even. 10-K is filed and the "E" should come off as soon as the SEC gets around to it, but certainly this week I would think. Now I'm ready for JimSC's .08 Posted by stockforfun on :
How come in Scottrader does not show PMED. I though it was R/S . Please tell me why ? I want to buy some .
Posted by BULListic on :
It is PMEDE as of trading today. "E" should come off in a few days.
quote:Originally posted by stockforfun: How come in Scottrader does not show PMED. I though it was R/S . Please tell me why ? I want to buy some .
Posted by Fishin4Stocks on :
they missed their filing date, thats why the E on the end. as soon as they meet their filing it will come off.
Posted by JimSC on :
Great job, Bull.
Posted by hazel1401 on :
come on PMED "E" wake up!!!
Posted by JimSC on :
PMED/PMEDE: Bull reported that the 10Q has been filed, and the E will be removed when SEC gets a chance to review it. The pps was pulled doow due to the panics. Great entry point if you have been playing with it. This stock will follow BANY's path.
Posted by BULListic on :
It's official, "E" comes off tomorrow....
13:35 04/26/2006 PMEDE PMED Paradigm Medical Industries, Inc. Common Stock ** 13:35 04/26/2006 PMEWE PMEDW Paradigm Medical Industries, Inc. Class A Warrants 7/10/2006 **
Last chance to get the sub penny!!??
quote:Originally posted by JimSC: PMED/PMEDE: Bull reported that the 10Q has been filed, and the E will be removed when SEC gets a chance to review it. The pps was pulled doow due to the panics. Great entry point if you have been playing with it. This stock will follow BANY's path.
Posted by edgewise on :
i'm in at .0095
Posted by trader2 on :
Also in at .0095, we should get a nice bounce when " E" is removed...
![[Roll Eyes]](rolleyes.gif)
so I couldn't resist....I just think it may hit the wall here a little bit because all it takes is a few sellers when the "E" pops on tomorrow and any re-entry point below .0140 for me will have made the decision a good one. If it continues up, then great for the longs, just looking for a little retracement here and a re-entry to see the good news on the way that the financing was well spent on production to meet demand ![[Big Grin]](biggrin.gif)
![[Cool]](cool.gif)