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Psychemedics Corp V.PMD


Primary Symbol: PMD

Psychemedics Corporation is a hair drug testing company. The Company provides testing services for the detection of drugs of abuse through the analysis of hair samples. Its testing methods utilize a patented technology that digests the hair and releases drugs trapped in the hair without destroying the drugs. The Company customizes its enzyme immunoassay (EIA) procedures to drug test hair samples. It provides screening and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, phenylcyclohexyl piperidine (PCP), amphetamines (including ecstasy, eve, and Adderall), opiates (including heroin, hydrocodone, hydromorphone, oxycodone and codeine), synthetic cannabinoids (including K2, Spice, Blaze), benzodiazepines (Xanax, Valium, and Ativan), nicotine, Fentanyl, and alcohol. The Company markets its corporate drug testing services through its own sales force, distributors, and partners. It markets its home drug testing service, PDT-90, through the Internet.


NDAQ:PMD - Post by User

Bullboard Posts
Comment by thankalmatyon Mar 15, 2006 9:17pm
116 Views
Post# 10515183

RE: PreMD Inc. Retains U.S. Investor Relations Fi

RE: PreMD Inc. Retains U.S. Investor Relations FiSo MyWay doesn't like the sound of loading up on PMD. Let me guess, he would rather sit on the sidelines, whine, and wait until the price miraculously gets up to his average cost. Sorry. This just isn't a $5 stock any more. It isn't likely to be a $4 or even a $3 stock in the near term. So get over it. There are lots of cranky people on this board who would rather complain than adjust. Witness: the person on this board who whined about a research report that called for a 2006 target price of $2.50 for PMD. That would be about a 70% gain from where we are. That would be a great first start. But people on this board would rather whine. The less cranky people on this board realize that is priced just north of $1, is undervalued because of McNeil's delay and all the people who have been jilted, and have "loaded up" on this baby to get their average cost down. The less cranky people know the odds of this going back to $7 are worse than the Leafs winning the cup, but are willing to commit a few more dollars to see this go back up over $2. A few months from now, I expect to have my money out, i won't be posting on this board, but i bet there will be a few people with serotonin deficiency whining about how a guy named Norton ruined this stock that should have gone to $10....
Bullboard Posts