PMDX Breakout

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September 25, 2006

One of my 1 year holds broke out today to a new 52 week high, PMDX. PMDX is buying RGX and today there was a post that made the headlines on Yahoo Finance that may or may not have been the reason for the 11% move today. Either way this stock was going to go higher (imo). Today shows the potential for another big up day tomorrow because of the breakout and because it did not get overbought. Technicals look great on this one. Currently up 52% in PMDX, but some well timed buys along the way in other accounts has me up over 66% in this stock. I plan on holding for the full year.


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