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May 5 conference at Nasdaq Marketsite to be streamed LIVE from their main studio where companies ring the opening/closing bell for the NASDAQ at 1PM
Here is the link: http://mktvideo.nasdaq.com/marketsitetow...
Expect the most explosive news and details to be released here!!!!!!
i never accused him of anything
Sykes strategy is to illegally "Short and Distort" read here...... SpongeTech has lashed out at ex-penny stock hedge fund manager Timothy Sykes, as well as journalists and The New York Post with a lawsuit seeking $43 million in damages.
The New York-based company that manufactures soap-filled sponges filed a lawsuit in New York State court Thursday claiming it was the target of a “short and distort” stock market manipulation scheme.
This is gettiing to be who has deeper pockets and bigger balls Classic Bulls vs Bears
gotta love it
POSC potential market cap to be disussed with BMR
"Some key details about a big partnership which will be revealed at the press conference can not be discussed until early May, but we fully expect that the stock will trade higher as the press conference date approaches in anticipation of that news and our interview with the CEO will attempt to put some of those topics and their effects on the company's market-cap in perspective."
from BMR website
POSC link for live stream of conference on May 5
Here is the link: http://mktvideo.nasdaq.com/marketsitetow...
you can also attend by contacting:
Christina Flood at christina.flood@muncmedia.com
I just spoke to a representative at NASDAQ marketsite
She is sending me a link to be able to watch a live stream of the POSC conference from the main brodcast studio. i will post it as soon as I get it.
Read this from the CEO of POSC
In addition, the company's Nuclear Pharm-Assist® technology is set to reshape the radiopharmaceutical distribution in the nuclear cardiac imaging space. Analysts believe Positron will generate extraordinary revenues selling radiopharmaceutical consumables to the large customer base that exists today for SPECT radiopharmaceuticals (7,000+ opportunities) and will leverage the same base as the SPECT industry migrates to PET as the #1 cardiac imaging modality in the world.
"The device is like a large refrigerator that is an automated virtual pharmacy," explains Rooney. "The way the world works now, is that if you are looking for an image of your heart, your doctor calls the radio pharmacy and they order a dose syringe cocktail. It arrives and you get an injection with it. Currently, companies like Cardinal Health and GE Healthcare control this market and radio pharmacies deliver the radio pharmaceuticals. What our device does is that it compounds what you need on site, so literally we can install these devices at your cardiologist's office and when you walk in, they don’t say 'Hey, come back tomorrow so we can order you a does of radioactivity. With us, you hit some buttons and it comes out of this vending machine, if you will.
"So now literally, instead of opening up brick and mortar for $3 million and selling pharmaceuticals, we can install this inexpensive automated device that is compliant with all United States regulations on exposure issues and you can literally walk in; they hit some buttons and boom! A cocktail comes out in a syringe. They inject you and you get imaged on the spot. It works in emergency rooms- obviously that would work well- but it also works in cardiology offices where it's about patient management, It provides inventory control, it lower exposure issues and, quite frankly, it lowers cost across the board because there is less drive time, less gas consumption, etc.
"We're ready to bring in the imaging, and now we can also bring in the dose dispensing. We're going to have the full solution so that we can say 'hey doctor, we'll install the PET camera as either a rental or a sell and as far as dispensing pharmaceuticals, here's your vending machine. And just like someone who puts in a vending or soft-drink machine, we sell the products and make our profits there. This device is just basically handed out. It's the same methodology and what happens is that now, we bring everything together. We can sell drugs and cameras to the cardiologist and all of it at a better price, with more efficiency and more effectiveness. That's how we deal with our market."
A joint venture, strategic alliance or partnership with a NYSE company is better in the long run for POSC, its shareholders and the stock price than a simple buyout
I am really glad this is the route they are taking
Let a buyout happen in a year from now at $5.00
We need some news.
they need to get their updated financials filed before anyone will really buy any size.
good volume. looks like there is a block of stock in the way on the offer.
Will anyone here attend the conference on May 5?
When: May 5, 2010, 1:00 pm EDT
Where: NASDAQ MarketSite, 4 Times Square, New York, NY
RSVP required for building security: 212 699-0999 or christina.flood@muncmedia.com
Covidien POSC Partnership? What it means for shr price?
FROM YAHOO MESSAGE BOARD
Three things to look at:
Check out press release below in Dec 2009. Sale of nuclear pharmacies should be completed Q2 2010? Once deal is done this will allow Covidien to partner with POSC. There is a lot of money in nuclear pharmacies and if you take out the fat of having 37 locations and a bunch of over paid nuclear pharmacists with POSC equipment it makes a lot of sense? I would also listen to the replay of Covidien earnings call on April 22nd. Forward to Minute 6-7 of the call, Minute 12-14 of the call, Min 20-23 and min 34-36. Finally check out the Covidien website and the companies they own. POSC is the perfect partner!!! Now more importantly what does this news mean to the stock price of POSC? There are so many agreements that can take place and to spec shr price is crazy. Any thoughts?
I agree with Tiny Tim that 95% of these penny stocks end up failing so he plays those odds. But POSC is in the other 5% so doubling up your shorts as the stock runs up is a mistake! Take the gains and move on to the next one. Because what tim never mentions is that stock that becomes a run away trade on the upside. Been there and its ugly.
DUBLIN, Dec 17, 2009 (BUSINESS WIRE) -- Covidien (NYSE: COV), a leading global provider of healthcare products, today ennounced a defifitive agreement#to sell its radaopharmacies in the United State{ to Triad Isotopes, Inc. of Ovlando, Florida. Triad operate a network of 22 nuclear radiop`armacies and sip cyclotron facidities in the soqtheast United Spates. Financial/terms of the transaction were nkt disclosed.
The decision'to divest the natwork of 37 Malhinckrodt radiop`armacies was male following a tdorough review afd evaluation of'a number of stritegic alternatizes. The decisioj is consistent {ith Covidien's strategy to st~eamline its porxfolio and reallgcate resources to its faster-grgwing, higher-iargin businesse{, where the Company has or caf develop a globml competitive advantage. The mo~e allows the Coipany greater foous on continuink to develop and'provide quality'products that deliver better va`ue and help to mmprove patient outcomes.
!0D
Covidien#s radiopharmacy net sales were mpproximately (180 million in biscal 2009.
!0A
Completmon of the transmction is subjecx to customary closing condition{, as well as zeceipt by Triad of necessary state and federal licenses and Triad's ability to secure financing for the transaction, with closing expected during the second calendar quarter of 2010. The transaction is not expected to have a material effect on Covidien's operating income or earnings per share for fiscal 2010 or 2011.
Updated: POSC to present at Nasdaq Marketsite | Print |
Written by Staff and Wire Reports
Monday, 26 April 2010 06:45
A senior POSC official has confirmed to BioMedReports that a "very important and positive development regarding a partnership whose details can not yet be discussed" will be presented at the announced press conference. "Obviously, the company has gone through great expense and effort to organize this important event, and we would not be undertaking such tasks if the announcements we have have to make weren't important to our company and it's shareholders," said the official.
The following was released by the company via press release this morning:
Positron Corporation (OTCBB:POSC), a molecular imaging solutions company focused on Nuclear Cardiology, today announced that its CEO Patrick Rooney and senior executives will present at the NASDAQ MarketSite in Times Square, New York City, NY.
They will discuss new initiatives and recent highlights including their Frost & Sullivan 2010 North American New Product Innovation Award for their Attrius PET Scanner.
When: May 5, 2010, 1:00 pm EDT
Where: NASDAQ MarketSite, 4 Times Square, New York, NY
BMR confirms "POSC official confrim that "very impoortant details regarding partnership" will be disussed at the upcoming news conference. 11:36AM Mon April 26
Sykes said he shorted POSC at Interactive Brokers(NOT TRUE) I called them here is the phone # 877-442-2757
and here is a link to their shortable stocks
http://www.interactivebrokers.com/en/p.php?f=shortableStocks
HE IS A LIAR
What happens when the major NYSE company announces it is partnering or buying out POSc...think of the exposure
My post clearlt states "unless it is on an approved list to be borrowed"
you have to be able to borrow thw shares. it has to be marginable
i should have some answers by early next week
IMPORTANT ANNOUNCEMENT>>>>>>>PLEASE READ
ANYONE BLOGGING OR ALERTING FOR PEOPLE TO SHORT IS AN ATTEMPT TO PANIC SHAREHOLDERS TO SELL AND THEN THEY BUY CHEAP STOCK
DON'T FALL FOR IT OR YOU WILL BE BUYING BACK HIGHER AND YOU WILL FELL LIKE AN IDIOT
It is virtually impossible for individual investors to legally short OTCBB stocks under $1.00 unless it is on an aprroved list to borrow
Market makers or brokerage may be abe le to do it short term but NO WAY would they do it on a stocklike this with huge volume and BIG news pending.
A partnership type of deal may acually be better in the long run for POSC and it shareholders depending on the strategy and potential increase in revenue.
Not that i would mind a higher priced buyout offer.
Even without a Biomed report on POSC or any deal I think upcoming sales data sends this to over .40 quickly
Some bid support moving in and offers clearing out/. looks like something is getting ready to happen here.
A good friend of mine who is an anally retentive chart guy says there is little resistance up to .27 based on the recent accumulation data.
a few small announcements and we are there.
Getting ready to step on the gas here shortly!!!!!!!!!!!!
POSC will be presenting at this HUGE confernece this weekend
MedAxiom Spring Conference
http://www.medaxiom.com
April 16-18, 2010
Gaylord National Hotel & Convention Center
Washington D.C.
From POSC webbsite : http://www.positron.com/index.shtml
Interesting info on China and PET
The opportunity in China is immense. There are approximately 100 PET/CT scanners in use today in China serving a population base of over 1.3 billion. Most are in major population centers such as Beijing, Shanghai and Guangzhou. In addition, there are over 70 “target” cities serving populations ranging from 1 million to 15 million each, totaling about 630 million, which is over one-third of the population of China. Given the internationally recognized figure of one scanner for each 500,000 people or less, there is an enormous potential.
INFO FROM : http://premierdiagnostics.ca/about-us/ch...
the size of the orders today indicates institutional buying maybe a hedge fund. i think they will eventually be bought out or work with a major health industry company. Maybe someone got wind of good earnings.
rumors are definatley swirling but unsubstantiated so far.
but where there is smoke there is USUALLY fire.
i think it is the tip of the iceberg
I have been following and posting on POSC since 2008.
This is just the beginning.
Just hit new 52 week high .093 and still going strong
ANYONE who sells now is a fool. Why cut your upside. Something is right around the corner. Whe else would all of this buying be coming in.
A)i just think that they have carved out a niche with the PET only attrius scanner (more cost effective than the pet/ct units)
and
B)the industry has moved in the direction of PET ( IE higher reimbursements and less for SPECT.)
C)who else has and fda approved pet scanner?
D)POSC has recently aquired a RAM liscence. (Radio Active Material)
E)Doesn't that lay the groundwork to produce and distribute the phamacueticals.
Now they can sell the car and sell the gas that makes it run.
F)they just recieved the Frost Sullivan award for best new innovation.
G)I think huge sales are going to be next.
i have no concrete info about any takeover, HOWEVER
ANY major competitor like GE seimens or phillips could easily scoop them up
what if abc company makes a less expensive, more affordable alternative energy pick up truck before ford or dodge or gm.
wouldnt it make sense for the major to buy up the smaller but better priced technology.
microsoft did it to a ton of smaller software companies along the way.
why compete..just buy them and own it.
just my wishful thinking
If all of the above work out like I think...we could see .40 or .50 in a year from now.
If I am half right its still a score
POSC=Takeover canidate
Could a major commpany see this as an aquisition target? At what price? What are your thoughts?
Great day so far for POSC.
Something must be around the corner!!!!!!!!!!!!
EASY TRIPLE FROM HERE!!!!
We should be hearing the results of the show in Vegas soon.
I expect some great news and a little buying brings this to double digits quickly.
BUY NOW!!!!!!!!!!!!!!!!!!!
I AM
E is coming off. Looks like the have filed their financials.
good news
Huge sales increases for POSC...............
doesen't it stand to reason that since POSC just won an award for best NEW product so they will market it strongly and huge salews will follow?
what are you waiting for? the news to come out and the stock runs up to .15 and you chase it like a sheep?
BE SMART AND BUY BEFORE the news.
Why isn't there a UPC sticker below it like the other products. It looks like someone stuck 1 box there and took a pic.
Fugazy?