posted
Wow, didn't know PMED had warrants. Anywho, there are 1 million warrants outstanding compared to about 28.5 million shares of common, this as of 6/30/05. The warrants have an exercise price of $.20 per share and expire on April 7, 2010. Pretty much they should mirror the movement of the common and are slightly cheaper with a similar spread, and they won't expire on you for another 4 years, but they aren't quite as liquid and I would stick to the common stock at a slightly higher price. There is no guarantee if PMED common goes up that PMEDW will as they do trade independently. PMEDW has only traded 170,000 shares this month and there only 5 MM's in this one. Good Luck in whatever you chose.
-------------------- I may be wrong, but I don't think so....
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PMEDW ran about 1 month before PMED had her big run.. Appears to me Before_You_Buy was dead on so far about PMEDW popping again. Last run was from .01-.16 and with the same volume she can move right back to that price.. The play was called at .007.008 now she is .009-.01 The lack of shares makes this an easy play for Momo and gapping when ever the huge volume comes in.. The stock has no bad filings because she is just a warrant. A warrant is a stock which is used as a third party to exchange money. In this case the Warrant is use to exhange money between Wells fargo and PMED I would keep a closer eye on this. Low volume she moves very easly high volume she breaks .16 and even tries to test .50 -----------------------------------------------------------
Source of this info www.***********.com they also sent the e-mails out on PMEDW before the first one. Appears as they will be at it again..
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posted
I thought a warrant was an option to buy or sell stock in an underlying security, secured by the company... do you mean that it's being used as payment to, or from Well's Fargo? Kind of confused here...
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posted
Wow, well that's a lot different than the stuff I quoted out of the last quarterly filing. I never played warrants to excercise to common, I just always traded them like common with no intent to excercise or hold until maturity date, just to trade at usually a discounted price to the common with the hope that the price movement mirrored the common.
-------------------- I may be wrong, but I don't think so....
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posted
I remember last time i was in this thing , it was great i got in at .04 and got out at .16 400% profit in one day... i just wish i had invested more money into it could of made a ton ... I got this on radar if the volume starts to come in on this im jumping on bored
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posted
Seems to be getting some volume ... it poped up on my scanns ... im keeping an eye on it if she get more buys i think ill jump in and try and make some quick cash
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posted
Agreed FO2 could be ... but im just gonna watch it .. if a scan starts to pick this up and i actually see some volume comming in on it i may jump in and out real quick to make some money
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