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Strategies & Market Trends : LastShadow's Position Trading

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To: tom pope who wrote (6381)1/14/1999 12:02:00 PM
From: Vic  Read Replies (3) of 43080
 
Here's one that's a real sleeper: POSS (Possis Medical)

No analyst following yet that I am aware of. The following press release came out today.

biz.yahoo.com

I'm hearing that FDA approval should be just a month or two away. Management appears to be very conservative. Maybe that's why we don't hear very much about it. Once the price rises above $10 I would expect to see some analyst coverage. I've talked to the company and I think they should have steady earnings growth because of expansion of their sales force and increased interest in their products. Of course, once the AngioJet gets FDA approval who knows what the upside might be. Anybody remember AVEI?

Furthermore, there's high short interest in the stock which could cause I nice pop in the price.
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