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I think the only way we will get any type of news from them, is to have people email them, and then post the email to them and the reply back on here. I see no other way that anyone will hear anything from the company.
Penny, the post is completely removed now as it has been too long. I do not remember all it said exactly now about POSC and management.
Let's hope this time he follows through. I think if it does not happen this time, then I believe the rest of the investors and MMs will show their frustration with the pps for management showing lack of follow through again.
Rick, I wish I could but I am maxed out, and wishing upon a stock certificate (if they still make them anymore) that this one does perform here this year. Need a winner by year end.
Thanks, penny. I just wished he did not say, "I hope" within front of "within 2 weeks.", otherwise in my opinion he is leaving this open to go on for months.
From what I see on volume, the selling and buying volumes are basically even. No one side really traded alot more shares in the numbers.
Buy Vol: 669,577 (buying at the Ask price)
Sell Vol: 662,641 (selling into the Bid price)
Unk Vol: 70,128 (hard to tell as the trade price was in the middle)
Rick, I hear you... I really do. I just want some (news) cake now, and then the frosting (full news with run up) to sweeting it up can come later.
I am still holding 220k shares strong.
From Yahoo Board: Here is a copy email i got from Mr.Rooney last week
This is the only thing I could find right off from last Friday on any email that may be related.
Here is a copy email i got from Mr.Rooney last week
7-Jun-10 03:46 pm
Hi -----
We put in action what we can that does not jeopardize our plans and position in the marketplace.
When I stated within weeks to a month it was an estimate as to when a multibillion dollar company what’s to allow us to state a certain relationship.
I believe they will release such news as soon as they feel its best. I too like you hope it’s soon. I to would like all the investors that need to hear a name more than the results can have peace.
Again. You know we have it..it’s what we do with it that counts.
There is potentially more than that relationship.
I would continue with POSC we are making massive progress.
Tx
Pat
From: -----------@aol.com [mailto:----------@aol.com]
Sent: Tuesday, June 01, 2010 6:35 PM
To: Patrick G. Rooney
Subject: Mr. Rooney
Dear Mr. Rooney:
I had purchased share of Positron and had hold it for awhile now before all these typical press releases from Positron and Biomed Reports. I did not sell one single share as of the recent ran up of the stock. Based from the press releases and the Nasdaq representation you and other executives did said that within a few weeks or a month, Positron will anounce its partnership. But since that time until today had went by almost a month and I have see no news or press release about such achievement take place. I don't mind holding my shares longer, though, Positron need to put the action to what it says that is going to happen. Can you please clarify on this matter for me. I appreciate you taking the time to read my email. I wish Positron the best.
Sincerely,
----------
snwbrd, I am not sure what rick has, but it was released before in a press release... "...based on candid interviews with multiple sources, that Positron has partnered with Covidien (NYSE:COV)..."
I think, like you may be thinking, that I would like to see the official public release from both of them. Otherwise you could be right that management may not be telling the truth. All we can do is hold as long as we can, and sell only if we have a bad feeling.
I hope they knock everyone for a good loop with news. I think we all need it, both the longs as well as to show the bashers.
Blue, I was just going from what he said on May 5th at MarketSite. Saying "... Yes, the next few weeks to a month or so we will ..."
I think most people would feel "or so" meanings maybe up to 3 days, maybe a week max, at least in my opinion on how I look at time. I usually do not think of doubling the timeframe, but I can see where some may look at if differently. I can easily wait the two weeks, will need to look to see when it was posted to be able to date it ahead.
It just would be nice that the Positron gives an offical update to what was previously publicly stated at an offical location like NASDAQ. That is one exchange I would not want upset with me.
Just my thoughts on how I feel Positron (and their new NYSE partner) needs to come out and provide their update.
Let's hope Covidien comes out today or tomorrow with the confirmation news. My concern is that if we do not see any news, then we may see sub .10 again since this appears to have been another 25% run up on another potential partnership rumor posted yesterday.
Most investors will not take kindly to a second wave of new rumors with verified pr news not following up after one was just done last month and the promises fell through. I know most of you are probably feeling the the timeline has not past yet, but I think if you ask most investors and MMs on how they deal with stock and company comments, most would say they rely on fact and follow through. As I paraphrased it before, would you expect your boss to be happy with you and letting it keep sliding when you tell them you will have the information to them by xx days, and you still have not. After several times of that happening, you better be aware you are on some type of list and probably on corrective action.
Hoping we see the news today or tomorrow.
GLTA as well as GLTPosc
I think my closing lower than we opened at, if no corporate news is out today, then we have a better chance of closing lower today to rising up. More of already peaked and now on the downslide if nothing more comes out.
Still I would like to see that news of a new rumor as was stated yesterday by that article. I think if there was a real rumor someone on this board would have heard about it on that day.
I would think if news was released even in pieces at first, on saying who the $25B NYSE partner is and follow up with more news over the week will help this more then if they released everything in one short.
In my opinion in releasing the partnership news over several days in a row and giving more better news each time would make this run up farther and longer than it would have any impact in one day one shot method. You know, like building up the excitement and getting more attention over several days, dragging more investors in, then just having it said once, getting fewer investors in on a possible very large jump in price. Some will not get in for fear it ran up too quick.
Link for article that Ed posted earlier.
The writer does not state if she is invested in the stock or not. She does point out some good concerns, as well as some good points, and that management needs to act and not falter on getting things going as it seems to be doing since approval of Attrius Cardiac PET technology .
I also do not remember hearing any rumor(s) of another partnership on Friday. If anyone heard anything, can you please post it here. Thanks
http://www.hotstocked.com/article/2271/positron-corp-otc-posc-climbs-up-again-on.html
I guess my birthday wish did not come true.
Hopefully this quck penny drop will come back.
Not sure why the bid just dropped one penny so fast. Maybe someone was selling off their shares.
I hope it comes out today. Would be a nice birthday present for turning a year older today.
Is/Would this company be worth $1/2+ Billion?
I have not thought much about this lately as things have changed. I wonder what $ value the company is at this time, or after the partnership is annouced. Would it be would be worth over $500 million dollars? What do you think it is worth?
Don, I believe the partnership that is inked si with a $25B NYSE company in what I believe tghe PR said. And I think they said Positron is also looking at another partnership. At least as I remember right off it seemed that they were stating one partnership was inked and maybe another one or two were being looked at in some way. Someone correct me if I am wrong as it has been a while now.
So long as you are not posting internal business emails, then you are ok to post the whole email on here.
I hope so, Rick, we need some good news coming our way.
I hope everyone has a good weekend.
Glad you understand that charts are good at looking at the past, how they reacted to news or events that occurred, and can be used to try to guess the future, but they can not predict the future when news will come out, or how the economy is doing for saying it will soar or fall due to eithe of those. That is why we can only look back in time and relate to past events and how it may affect something today.
I think holding the .12 wall is important. Hopefully in the last hour we rise more up to keep this hold and not drop back below .12. Though not complaining as this I feel was over due to get back to where we need to be going.
I think if we can close at the HOD then we will probably see a further rise up on Monday morning.
Thanks Jeremy.
Glad to see and hear this rise up today.
Nothing like sweating it out to the summer time, whiich has not started yet actually, but being a heat index of 105 here, it already feels like it.
Goig, When you say "...partnership deals are in "discussion"..., are you meaninig a partnership for the company your buddy works for, which I am guessing can not be Positron?
Otterby, I do understand what you were doing. I just wanted to point out what he said before on POSC, and then after seeing it falling he had to call another number. Just watch with caution is all I mean to say.
Rick, Goig, All, re: bid/ask.
In having Level II, I usually can see almost all the exchanges. I noticed on this site that they do not always show the highest bid, or the lower ask price.
I also notice the same thing when I look at my Fidelity account.
Part of why I like Level II access.
Goig, Please do not take this the wrong way, but with you being new to the board, yet alone to the site less than one month, and coming in with news like that just has me a little shy.
I hope you are right, and I am not meaning to imply you are lying or bad in any way, just finding it odd is all. I have seen names come and go and some changing their names but still hanging around.
Thank you for the inforamation and GLTY in life and in trading.
otterby, blacktruck was the one who used his charts to predict POSC was going to hit .17 last month on a Thursday if I remember right. After it dropped that day, and I think maybe even before while it was slowly drifting down, he never showed back up on the board.
Just as the boy who cried wolf, eventually it usually comes about. Nice to see it rising today for sure.
JJ, Thanks. I will go back and look for them. Surprised they did not update their website or I am just looking in the wrong place.
JJ, do you mean it was 3 weeks ago for their last news release?
The last one I see on their website is from May, 21, 3 weeks ago.
Could it be they are not keeping their board updated?
http://www.positron.com/news.shtml
May 21, 2010 - Positron Sees Tenford Increase in Attrius Quote Proposals
April 29, 2010 - Positron's Revolutionary Nuclear Medicine Device for Use in Both Cardiac and Oncology Sectors Gaining the Attention of Industry Leading Companies
April 28, 2010 - CEO of Positron Corporation Bullish About Upcoming Press Conference Announcements
April 27, 2010 - Positron Corporation Announces CEO Agenda for Media and Analyst Conference
April 15, 2010 - Positron Hosts Cardiac PET Seminar at MedAxiom Spring Conference
March 29, 2010 - Positron Corporation Cites Espicom Business Intelligence Report that States Molecular Imaging Market Valued at $5 Billion; Future of PET Looks Bright
March 23, 2010 - Positron awarded Frost & Sullivan 2010 North American New Product Innovation Award for Attrius PET Scanner
March 12, 2010 - Frost & Sullivan Lauds Positron Corporation for Cardiac Focused PET Molecular Imaging Scanner Attrius
March 9, 2010 - Positron Cites JACR Study that Reports a 737% Growth Rate in PET Among 5 Specialty Groups Incuding Cardiology
March 4, 2010 - Positron Sells Attrius PET Scanner to Ochsner Health Systems
March 1, 2010 - Positron Receives Radioactive Materials License from Nuclear Regulatory Commission
February 18, 2010 - Positron Receives US Patent on Tech-Assist
January 20, 2010 - Positron Sells Attrius PET Scanner
December 16, 2009 - Positron Sells PET Scanner to Prominent New York City Cardiologist
November 19, 2009 - Positron Announces Installation of their Attrius™ PET Scanner into the Heart Center of Niagara, New York
November 12, 2009 - Positron Sees Cardiac PET as the Future of Nuclear Cardiology
Novemeber 9, 2009 - CMS Reimbursement Fee Schedule Changes State a 20% Increase in Cardiac PET and a 36% Decrese in SPECT
October 22, 2009 - Positron to Exhibit at Radiological Society of North America Annual Conference
October 8, 2009 - Positron's Attrius in High Demand after Recent American Society of Nuclear Cardiology Conference
October 1, 2009 - Positron Announces Sales of Tech-Assist Units to Top Medical Institutions
September 28, 2009 - Positron Exhibits at the American Society of Nuclear Cardiology Annual Conference to Promote Their Cardiac Optimized Pet Scanner
September 24, 2009 - Positron Anticipates Cardiac PET Demand to Increase Due to Expanding Reimbursment Differential Between PET and SPECT Imaging
September 23, 2009 - Positron Sees Global Growth in Nuclear Cardiology and Announces Pulse CDCC® Sale to Pakistan Institute
September 18, 2009 - Positron Joins Exhibitors at MedAxiom Fall Conference to Promote the Attrius, Positron's Cardiac Optimized PET Scanner
September 14, 2009 - Positron Corporation Sees Significant Opportunities in Canadian PET Market with Ontario's Approval of PET
August 25, 2009 - Positron Offers Full Line of Products Through Technology Imaging Services (TIS)
July 16, 2009 - Positron Joins MedAxiom as a Corporate Partner
July 2, 2009 - Positron Introduces Attrius and Tech-Assist at Society of Nuclear Medicine Annual Meeting
June 15, 2009 - Positron Announces the Addition of Northeast Business Director, Peter Webner
April 30, 2009 - Positron Joint Venture Receives FDA Approval for Attrius™ Scanner Product Line
March 27, 2009 - Positron Corporation's Attrius™ Cardiac PET Device featured in AuntMinnie.com
March 3, 2009 - Positron's Portable Injection System, Tech-Assist™ Reduces Radiation Exposure by 50-75%
Jan 9, 2009 - Positron Announces PosiRx™ Program for a Total Solution
in Cardiac Nuclear Medicine
Dec 19, 2008 - Positron Delivers SPECT Based Automated Radiopharmaceutical
Dose Dispensing Unit to South American Nuclear Pharmacy
Dec 16, 2008 - Positron Corporation Announces Appointment of Medical Director
I thought the deal was signed already, are you saying that the deal is no longer "inked"?
Barbershop, to keep this short and not keep harping on what is wrong, I will say I hope you are right. Losing 25% in pps in 3 days better be an eye opener to management.
Single Stock Circuit Breakers
(Taken from my E*Trade news this morning.)
What is the new Single Stock Circuit Breaker Rule?
If an S&P 500 stock rises or falls 10% in a 5-minute time period, a market-wide trading pause will occur in the stock for at least 5 minutes. The pause would give the markets the opportunity to attract new trading interest in an affected stock, establish a reasonable market price, and resume trading in a fair and orderly fashion. Initially, these new rules would be in effect on a pilot basis through Dec. 10, 2010.1
Why has this rule been implemented?
In response to the market disruption of May 6, 2010, the Securities and Exchange Commission (SEC) sought public comment on proposed rules that would require the national securities exchanges and Financial Industry Regulatory Authority (FINRA) to pause trading in certain individual stocks if the price moves 10 percent or more in a five-minute period. The rules were proposed by the national securities exchanges and FINRA and have been approved by the SEC.1
Is this rule permanent?
The new rule will be in effect on a pilot basis through December 10, 2010.
Which securities are subject to this rule?
Initially, only stocks in the S&P 500 will participate in the pilot. The markets will use the pilot period to make appropriate adjustments to the parameters or operation of the circuit breaker as warranted based on their experience, and to expand the scope to securities beyond the S&P 500 (including ETFs) as soon as practicable.1
How are the underlying options of a halted stock affected?
Typically, when trading in a stock is in a regulatory halt, its options also stop trading during that period.
What happens if I have an open order when a stock goes into a trading pause?
Open orders will remain open during the trading pause, but will not be eligible for execution until the stock resumes trading.
Can I cancel my open orders and enter new ones during a trading pause?
Yes, you may submit cancel requests, change requests and place new orders during a trading pause.
Will the opening and closing print be subject to the 10% move threshold?
No, the markets will begin calculating the threshold move at 9:45 AM ET and cease calculating at 3:35 PM ET. For stocks re-opening after a trading pause, the calculation will start again immediately.2
How will a stock in a trading pause resume trading?
The primary listing market will reopen the stock at the end of the 5 minute pause, unless there is a significant order imbalance. If the primary market is unable to open the stock after 5 minutes for a reason other than an imbalance, that market will send notification that it will not reopen. After a 10 minute pause all markets can resume trading regardless if the primary market has re-opened or not.2
1 http://sec.gov/news/press/2010/2010-98.htm
2 http://www.nyse.com/pdfs/NYSERule80c_FAQ.pdf
Hoping to see the public news today, and not just an email from Rooney alone to someone on here that hopefully will get back to them soon.
It was nice to see a very small rise yesterday, though if we have no news today then I think the market and investors again may continue to show their feelings more on this stock today and/or on Monday.
GLTA and Happy Friday.