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6 pts

Opinion on  Palomar Medical Technologies Inc (PMTI)     Sector: Healthcare  >  Industry: Medical Equipment & Supplies
Check out the short interest

Jan 24, 2007 11:51 PM GMT
Picconnor
Return Risk
+9.22% HIGH
Associate

Fundamental Analysis   Technical Analysis  

Palomar Med Tech has been on a great run for 3 years!!!  This stock must pull back a rest a while.  Earnings are due to decrease in '07 and we witnessed an exhaustion gap on Dec. 11.  This has been a great company to own but it will come down to about 42, then anything lower could make it slide considerably.  Short Interest is about 28%.  Wow that is out of control.

PMTI:  This call was made on 01/24/07 @ $49.53
Rating:   Negative   $49.53 (01/24/07)
Closed:   02/05/2007 @ $50.28 (-1.51% in 12 days)
Target:   $42.00 (-15.20%) in Three months


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