Paradigm Medical Industries Inc. (PDMI)

[lakeshore555]

something to consider:

I had 45 million shares at .0001 pre-split. I got sucked in here by the pump in December 2009. I've been averaging down for over a year.

The shareholder letter from Davis on the website in December has us "longs" concerned that the company could go BK at any moment, but, at .0001, it was pretty safe -- it wasn't dropping below that line.

None of us know what the O/S really was, because the transfer agent wouldn't say. But I'm pretty sure the current float is higher than 5 million, post split.

When they did the R/S yesterday, I thought "oh crap, now there's plenty of room below, it's going to .0005 in a heartbeat." But I didn't have my PDMID shares in TDA yesterday. Many retail investors like me couldn't sell yesterday.

Well, this morning, around 9:30, I got my new shares -- 450,000 of them -- and I've been selling for whatever I can get.

The price went high yesterday because there weren't many shares available, IMO. Different story today. I think we all got our new PDMID shares at the same time.

I think I'll be able to buy this back next week at .005. Just my opinion. I realize that you momo players don't plan on holding this stock through the weekend, so you don't care. I'm just saying: if you think there are a lot of shares available today -- I think I know why.

GLTA