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PSID - PositiveID Corp.

post #1 of 59
Thread Starter 
chart.ashx?t=psid&ta=1&p=d&s=l

PositiveID Corporation provides radio frequency identification (RFID) systems for healthcare and patient-related needs in the United States. It offers the VeriMed Health Link system that uses an implantable passive RFID microchip, which is used in patient identification applications. The company also focuses on the development of the glucose-sensing microchip. It has a strategic partnership with Diabetes Research Institute for the development of the glucose-sensing radio frequency identification microchip. PositiveID Corporation was formerly known as VeriChip Corporation and changed its name to PositiveID Corporation in November 2009. The company was incorporated in 2001 and is headquartered in Delray Beach, Florida.
post #2 of 59
Nice second day today.... In at 1.34 out at 1.42....not bad.
post #3 of 59
Up 23% at 1.44 Nice
post #4 of 59
What is all the commotion about ??( I see no news or anything)
post #5 of 59
BMR
post #6 of 59
Anybody in on this? looks like it's starting to make a run. trying to figure out what's causing it, I know the company was mentioned briefly in a Forbes article but not sure if that's the reason (last few paragraphs)

http://www.forbes.com/2010/01/13/kra...-diabetes.html

I think BioMeds may have put out a report pumping this as well....Anyone have other info on this? Thanks.
post #7 of 59
Up 18% to 1.68 wow
post #8 of 59
in sinice 1.40 got out in the 50s now back in again till tmrw
post #9 of 59
big, quick sell off here back to 1.43, looks like it may bounce. but not sure if this just was a pump and dump or what.
post #10 of 59
Death money for the next 3 months. News expected by Q2
post #11 of 59
Up 50% to 1.76 on good new
post #12 of 59
Where the direction of the arrow ??????
post #13 of 59
Watching this one closely this morning, if there's a pullback early I may jump in. Quite a bit of buzz being generated about this one and it may make a run towards $2 again today. MONSTER volume yesterday of 12 million, if we even get half that today that should move this around enough to make for good entry/exit points. Float is 12.8 million with 65% held by insiders, so this thing can really move if the volume is there.

Those are just my thoughts, good luck everyone.
post #14 of 59
Down 13% to 1.51
May be dilution is in the air !!!
post #15 of 59
Quote:
Originally Posted by Karma View Post
Down 13% to 1.51
May be dilution is in the air !!!
could be, although it's tough to tell since the market is getting pounded this morning. Wouldn't expect this one to follow the Dow, but I think general uncertainty is in the air right now.
post #16 of 59
Sold half, not crazy about this right now. Anyone still holding?
post #17 of 59
I'm out too.
post #18 of 59
PSID mentioned in Forbes article:

PositiveID Corporation ( PSID - news - people ) is a micro-cap stock trading in the $1.50 range, but with the potential to reach $4 by the third quarter of 2011.

PositiveID is a company that focuses on two key areas: non-invasive glucose monitoring for diabetics; and rapid response tests for viruses, including the H1N1 virus. As anyone familiar with this debilitating disease knows, diabetes care hinges on the accurate and consistent monitoring of glucose levels. PositiveID's technology is vitally important to improving the control of diabetes because they are developing a glucose-sensing implantable microchip that can monitor glucose constantly without the need for the diabetic to prick his or her finger.

PositiveID also specializes in the development of rapid testing solutions for viruses--specifically influenza. The faster that contagious viruses are detected, the quicker the infected can isolate themselves and prevent the spread of the disease. Accurate detection also enables physicians to treat the patient appropriately without dispensing antibiotics in cases where they are not warranted or effective.

Just this week PositiveID announced that it has acquired Easy Check Medical Diagnostics, a private company that is developing breakthrough non-invasive glucose-level testing products and diabetes management tools. Easy Check has two primary products under development: the Easy Check breath glucose detection system to test glucose levels in the breath, and the iGlucose wireless communication device, which will automatically communicate a patient's glucose levels from the glucose meter to an online database for proper care and record keeping.

After reading January's edition of Diabetes Forecast magazine on diabetes products on the horizon, as well as on the breathalyzers (rather than finger pricks) for monitoring glucose levels, I visited PositiveID and met with the CEO, Scott Silverman, last week in Florida. I wanted to understand for myself the technology and potential for these technologies.

Again, this is a micro-cap stock. I recommend that only those investors who understand not just the rewards but also the great risks of investing in these types of start-up companies actually take the plunge.

http://www.forbes.com/2010/03/01/den...biotech_2.html
post #19 of 59
I reluctantly held half my intial shares, but looks like this may be starting to turn back up. Pretty good day today, +7% with a strong close. Doesn't take much for this to move. This may be turning around and heading back up. Will hold for a couple more days.
post #20 of 59


Hey now, a little patience paid off with this one. Finally starting to run. I feel like I'm just talking to myself here. Take a look if you get a chance, +12% on a huge volume spike that just came out of nowhere.
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