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.
Posts: 165 | From: Waikiki Beach | Registered: Feb 2006
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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.
posted
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.
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.
Posts: 181 | Registered: Feb 2006
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posted
Hmm. I don't get this selloff. Some serious limbo action going on. The lows are getting tested here?
Posts: 181 | Registered: Feb 2006
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posted
perhaps bottom around .015 to .016...? if so, this might be a good time to get in/add, if this starts moving north again
Posts: 181 | Registered: Feb 2006
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posted
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.
Posts: 181 | Registered: Feb 2006
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posted
told you that it should dip down to .015 or .016 level before heading back up!
Posts: 1088 | From: Dallas, Texas | Registered: Feb 2006
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posted
.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.
-------------------- Despite the high cost of living it remains popular Posts: 165 | From: Waikiki Beach | Registered: Feb 2006
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posted
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.
-------------------- Despite the high cost of living it remains popular Posts: 165 | From: Waikiki Beach | Registered: Feb 2006
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posted
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? Posts: 181 | Registered: Feb 2006
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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!
Posts: 1335 | Registered: Oct 2003
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posted
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
Posts: 181 | Registered: Feb 2006
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posted
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
Posts: 181 | Registered: Feb 2006
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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.
-------------------- double commas and climbing Posts: 285 | Registered: Jan 2006
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posted
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
Posts: 181 | Registered: Feb 2006
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posted
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
-------------------- double commas and climbing Posts: 285 | Registered: Jan 2006
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posted
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
-------------------- double commas and climbing Posts: 285 | Registered: Jan 2006
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