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last few minutes are going to be insane.. but have to blaze 4 now.. hold down the fort..
intra day breaking out.. eom
says POSC details.. eom
get it now.. BMR new alert in 30 min.. just texted me..
who.. me or timmy?.. I dont even look at that site..
dont need to look at your site Timmy.. you just said you dont short these.. whatever..
careful now.. I got tossed in jail for going after people in that fashion.. lol..
lol.. you were supposedly shorting 40k the other day..
he cant/doesnt play at that level.. that was a cover IMO..
would bet my bottom dollar that was a cover..
well spent.. eom
just got back.. NICE.. think its safe to say we have a green day..
CEO of Positron Corporation Bullish About Upcoming Press Conference Announcements
Date : 04/28/2010 @ 9:24AM
Source : MarketWire
Stock : BioMedReports (POSC)
Quote : 0.185 0.025 (15.63%) @ 8:37AM
CEO of Positron Corporation Bullish About Upcoming Press Conference Announcements
LOS ANGELES, CA -- (Marketwire)
04/28/10
Patrick G. Rooney, the Chariman of the Board of Positron Corporation (OTCBB: POSC) -- a molecular imaging company focused on Nuclear Cardiology -- has confirmed in an interview with BioMedReports that his company is about to grow significanlty given various new partnerships and shifting market conditions: "When we say that we will be leaders of this Cardiac Pet market, I think that will be evident to everyone within the next few months."
"The standard of care throughout history has been SPECT technology, but really it's inferior to our PET technology," explains Rooney. "The financial reimbursement for these services from places like CMS, Medicare and Medicaid have just increased PET Reimbursement and decreased SPECT reimbursement."
"The first thing is that now all of reimbursement money from insurers and Medicare/Medicaid has increased for PET and decreased for SPECT. These insurers are now pushing physicians to a better imaging modality, a better medical practice.
"The other thing that has occurred is that there is a worldwide shortage of Moly, or Molybdenum (also known widely as Mo 99), which is a necessary isotope used for SPECT imaging. It's the primary drug used in SPECT imaging procedures. So SPECT imaging has just taken another hit, if you will and we're seeing physicians in droves move away from SPECT sooner and going to PET."
During the last three months alone, requests for proposals at Positron have increased three-fold, according to the CEO.
Positron recently won the 2010 Frost and Sullivan "North American Molecular Imaging Systems New Product Innovation Award."
The complete special report is available at BioMedReports.com
surprised no one has mentioned that "news" is out.. lol..
decreasing though.. nice.. eom
target 1 (just over .19) fast approaching
thats not how I read it.. they have said before they cant talk about it till after early May.. conference is May 5th..
I like this part..
Rooney: I think we want to bring to market, exactly the position that the company is in. We do have some big important strategic alliances that we will be talking about for the first time. Some of them are already in contract form and we cannot discuss them until after early May, and others involve radiopharmaceutical companies that will be getting into the radiopharmaceutical market with us, in other words, they have the drug, but they may not have the device to image this drug on.
well.. today is a big day.. Im in this up to my hips and Im thinking Garza is in deep (but not hurting in any way).. Im sure his average is much lower than many on this board (myself included) who started buying high.. The close yesterday wasnt bad considering.. technically I would say this has bottomed.. gonna post a chart in a bit.. Im actually sorry I called the close yesterday green pre-maturely but I was out a lot of the day - should have retracted when I saw the intra days and the failure to confirm.. hang in there Ace.. really hoping we get a clue as to potential market cap of POSC today..
ur nuts.. eom
one last quick post.. from new BMR.. this will be what gives us an idea of future PPS..
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.
gotta go pick up the wife.. no worries.. eom
I thought Id read this on seeking alpha but it biotech blog..
http://chasingthealpha.blogspot.com/2010/04/posc-value-proposition-of-positron-inc.html
Garza made an effort to change disclosure.. "Disclosure: I am still long POSC and have not sold or transacted any shares since my initial buy."
he's my hero.. eom
thx rick.. eom
Garza still long.. or long again.. eom
sweet.. eom
kewl.. eom
gawd.. are MMs TIMING my post.. Im shuttin the hell up..
just stepped back in a little while ago.. added @ .156.. Elder Ray turning bullish... feel 2:20 will spark new trend.. up.. intra day recovering..
would really have liked to seen it over .18 but I do.. confirmation for me would be going in to 11:30 and again around 2:20 - 2:30.. need to re-mount the 20 period on the 5 min at around .195.. kinda riding the center band on the 13 period bollies..
5 min chart.. nice uptick and big fat bullish engulfing at 10:20.. followed through till 10:30.. we close green.. mark it.. thats all I needed to see today.. have great day guys and girls..
Im very long on this.. but this particular PR really says nothing new to me.. and Im no dummy.. the "language" has constantly changed.. form buyout/partnership to "strategic alliance".. a strategic alliance could be interpreted in a variety of ways.. In the case of POSC, I feel like it IS something substantial.. but its friggin vague, and we dont need any more of it.. the more prs like this, the more it looks like fluff..
I tell ya.. specially the micros and small caps.. made a small fortune on ANX but boy was I gettin a spanking in the early stage of the trade.. If I had dry powder I would probably double up again.. be in good shape if we can get over .18 and hang on..