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This is no simple run today. This seems to just be the market correcting itself IMO. We are onto something good with this stock.
At this rate we close over .002
No that is unrelated.
Don't be afraid to flip. I transferred extra money to my brokerage account so that I will be able to flip and rebuy within a matter of hours if we get another run like this. Anytime there is green there is money to be made.
Also, if we keep getting numbers like these we won't have to worry. Just good to see stuff like this all over the internet.
International Stock Targets: Begins Preliminary Research on Paradigm Medical Industries Inc.
International Stock Targets has announced a "Strong Buy" recommendation along with a one-month and six-month price target for our newest "Stock Target".
Wednesday, December 19, 2007 Paradigm Medical Industries Inc. had a news release that caught our attention at International Stock Targets. We therefore have also added Paradigm Medical Industries Inc. (OTC BB: PMED.OB) to our "OTC BB" stocks to watch list, their recent market activity has made them a possible candidate for a full analytical research report
Actually there are 400,000,000 shares issued.
I am watching the bid get slammed with my own two eyes.
No need for all the caps.
Closed 14x15. Pretty good.
Considering that the year is over in two weeks I have to agree. But I honestly think one penny is a small goal for next year.
Tempted to flip but that one deal is worth half the company. Don't know how this could go down again but heck its a penny. Hope I am not wrong in holding this.
0.0007 8,618,367 OBB 13:26:47
That is kinda worrisome. Really cant believe this stock is trading here. I hope Cannifax holds up to his shareholder letter--he usually does.
no one here today?
Just put the order in yesterday......filled a little too quickly. I sure hope that I just was lucky off people selling from the PR. It is probably gonna go down lower through december but oh well.
I had an order for 500,000 at .0009 and 400,000 went through so far
I was estimating those numbers so your exact math is pointless. I always think this stock is at the bottom then it goes lower. I would recommend buy on rumor sell on news. This stock goes down as fast as it goes up.
That is why this ran from .0035 to .05 in a few days last year. I would call that quite a reaction.
Yea but still about 4,000 times more shares out there now as compared to when it was that price.
Because there are way way way more shares issued now than then. Plain and simple.
The most disheartening part is the fact that they are diluting at such a low level. Usually they dilute when it runs up which usually causes the run to stop. If they were expecting some good news to be released you would think they would wait. I think the reward still outweighs the risk in this one. I would not recommend investing a large sum of money in this company, but a few hundred dollars at these levels stills seem pretty good to me.
No way this is the bottom although may be close to it. December is extremely bad for penny stocks and I doubt pmed releases anything till after the holidays. I may be wrong who knows.
I am planning on buying 400,000-500,000 shares next week but these huge volume days at these levels scare me. It has to be them dumping shares. Went from 250,000,000 in the past 3 months to 400,000,000. I hope they are done diluting as that is the only thing that is keeping this down.
Make sure it is not an AoN order.
247 mill shares outstanding. I really do not think they are diluting right now.
Hope we close green again tomorrow.
Glad to see some life in this stock. Hope this run keeps going.
I personally think this stock is awful but it is pointless to sell at this point.
If we close red today this ain't going to be pretty.
Etrade says 3x4
Why all the volume?
Really hard to believe how stupid I am holding this stock for so long.
Seriously I have no clue what I was thinking. Oh well you live and you learn.
Finally getting that volume!
My pont is that I do not think it is very likely that this stock will recover anytime soon.
But yea....basically just felt like posting.
Pretty sure if I sold all my shares and bought lottery tickets with the proceeds I would have a greater chance of turning a profit.
I bought close to the 52 week low last year so wouldn't say I bought high. This thing is just a bottomless pit sucking the life out of everything it touches.
I am starting to think I made a poor investment decision with this stock.
And then there were four.
I mean I don't know....that is assuming they can not pay it off. They had some major breakthroughs getting FDA approval and such. This stock just always seems good for a flip. Would not recomend buying a huge position and holding forever I just look at the charts and go by the history.
Obviously there are lots of risks with all pennies.
Death spiral financing? Please explain.
Sure hope its not more dilluting......
We always seem to have a small run then crash and burn down to a lower level. Lets hope this is not the case.