Vasomedical Inc. closed today’s trading at $0.21 a share, up $0.6 or 40% for the day. The upsurge in price has been accompanied by an upsurge in volume as well, with today’s traded shares totaling 3.8 million, which is about 18 times the normal daily volume. The company was first covered in QualityStocks Free Daily Newsletter back on April 7, 2009. At the time, the stock was trading for only $0.04 a share. Investors that bought the stock at that time have enjoyed seeing their investment grow by 425%!
Vasomedical designs, manufactures, markets and supports EECP(R) external counterpulsation systems based on the company’s proprietary technology. EECP(R) therapy is a non-invasive, outpatient therapy for the treatment of diseases of the cardiovascular system. The therapy serves to increase circulation in areas of the heart with less than adequate blood supply. The company is also expanding its operations into new areas of potential growth in healthcare. In fact, on May 24, 2010, the company’s subsidiary – Vaso Diagnostics – signed a sales representative agreement with GE Healthcare for the sale of select GE Healthcare Diagnostic Imaging products.
If you are the type of investor looking for emerging micro-cap and small-cap companies (like Vasomedical) that have been ignored by Wall Street in general, then the QualityStocks Newsletter is for you. At QualityStocks, we collate hundreds of investment newsletters into the ‘one and only’ “QualityStocks Daily”. The newsletter features a summary in which readers can view the latest stock picks from investment newsletter writers every day. Readers can follow the various newsletters to see which newsletters are making the best recommendations.
To sign up for this invaluable investing resource, please visit www.signup.qualitystocks.net.
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment