PAVmed Inc. (PAVM)

[bUrRpPPP!]

Next week all the flippers return...the profit takers didnt turn bearish on the story ....they just did what experienced traders do...they sold 1.50's-1.60's when RSI had reached overbought territory and on the news that put a timeline on the FDA decision...that allowed a whole new wave of buyers to enter in the 1.30's for longer term gains likely in the $2-$3 range prior to FDA decision

This action has 2 major effects...

First there are likely few traders left from the sub$1 range now that we had our first pullback/profit taking...they have been replace with what I will call the $1.30 crowd...

Secondly there are fewer shares available in the float now that the new buyers will be holding into the FDA date.

FDA clearance for a device is a less complicated and risky decision vs and FDA approval for a drug... thus we will have far more people holding thru the FDA date...

Next week will be very very interesting to see how my decades of trading experience will play out...good luck!