SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PACIFIC MEDICAL GROUP (OTC BB:PMGI) -- Ignore unavailable to you. Want to Upgrade?


To: The Osprey who wrote (104)3/31/1999 8:15:00 AM
From: DR.  Read Replies (2) | Respond to of 421
 
It seems to me that the company is being run in a cautious and diligent way. They have announced that they can, and may or may not have bought back shares from the market. They make no bones about telling whoever asks that they will sell 504d stock as and when they need to spend but the float remains small. They seem to have suffered by the fact that one or possibly several of their initial backers has for whatever reason decided to come off his position. He has probably got a really low average, depending on how and when he acquired his stock but now that he/they are gone or going the path is wide open for investors in the stock to grab the opportunity to ride this one. Remember, PMGI is a very young co. that has a long and profitable future ahead of it, as we saw from their recent announcement on revenue!!
I am long and happy. If a little momentum is maintained we should see the stock continue to climb back up. I am sure there is much more good news to come so settle back and enjoy the ride!!