Morning all, Keep your eyes on MTCH, Opened strong this morning and is trading with strong volume and some nice gains so far. Looking at the charts the stock is bullish and is heading north. Were going to have a great run on this one. Nice reversal play here. Imo its time to load up on this one. Good luck all.Remember to do your dd you can start here with the latest news
Medical Connections Holdings, Inc. Seeing Positive Trends in First Half of 2010
BOCA RATON, Fla.--(BUSINESS WIRE)--Medical Connections Holdings, Inc. (OTCBB:MCTH - News), a national provider of medical recruitment and staffing services, reported today on the positive developments that the Company is experiencing during the first half of this year.
The Company reported that contract “travel” appointments have increased 47.1% during the last 90 days which should translate into higher revenue going forward. Looking back, contract revenue has increased 34.2% during the period January through April 2010. In addition, the Company has completed further staffing and compensation refinements that will reduce operating expenses by an estimated $382,000 over the next twelve months.
Anthony Nicolosi, Company President, stated, “Our continuing efforts to improve operations combined with a gradually improving employment environment in healthcare staffing are delivering results. Our new COO, Jeff Rosenfeld, who was recruited here in the first quarter of this year, has already made significant improvements in our selling strategies and in the management of departmental expenses. We believe these positive trends will continue through the balance of the year.”
Medical Connections, Inc. is a national provider of medical recruitment and staffing services. Established in 2002 to satisfy the increasing need for highly qualified healthcare professionals, the Company’s business is to identify, select and place the industry’s most talented healthcare specialists, nurses, pharmacists, physicians and hospital management executives. The Company provides recruiting and staffing services for permanent and contract positions, leaving options for both clients and candidates to decide the optimal formula for working together.
With headquarters in Boca Raton, Florida, Medical Connections is ideally positioned to increase its presence in the U.S. healthcare market. Medical Connections Holdings, Inc. is a fully reporting company trading on the OTC B/B under the ticker: MCTH.
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