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Author Topic: PMED - Not hard to imagine this going to $.10
hazel1401
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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

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gryffindor
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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.

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gryffindor
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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!

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hazel1401
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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!
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gryffindor
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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...
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hazel1401
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.015/.016
would be nice to eventually see a hod.
could be possible if we see some more big buys

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gryffindor
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now pps at .0167...
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hazel1401
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.015/.0155
whats going on?

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hazel1401
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.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.

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hurricanematt
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I think this one will go down a little more before it goes back up.
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hazel1401
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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.
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gryffindor
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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.
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hazel1401
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.016/.0165
would be nice if we could break this barrier

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Stockstar69
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Kind of stuck in the mud now. Waiting for some catalyst to go up/down?
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KingKory
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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.


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Stockstar69
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Maybe I spoke to soon...This may unstick it!
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amer12ca
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Good volume as well as bottomed at 0.0145. Should see the trend reversal tomorrow.

Support at 0.0122 and resistance at 0.0192. I think the volume surge today will not let it hit the support and we should see a trend reversal starting from tomorrow. However, I don't see this surpassing the 0.024 resistance anytime soon unless there is a great news.

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gryffindor
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I like your analysis of the numbers america. But this stock has had a history lately of shooting up rather quickly, even with no news at all. I wouldn't be a bit surprised to see this shoot past .024 on any given day. Remember that we were right there not too long ago. Just needs a little push to make it fly.
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hazel1401
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looks like the resistance is keeping up from breaking the .017 mark, where we have been lingering.

.015/.0166

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amer12ca
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It held the support very nicely. This could have been convinced as a nice trend reversal If the volume stayed high. Let us see what tomorrow brings.
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