PMTI Offers Decent Odds

Blain Reinkensmeyer
Posted on Wed 13th Dec, 2006 09:30:17 AM

After surging to a close above $55, shares of Palomar Medical Tech (PMTI) sold off yesterday down to a close of $52.49, but on very low volume compared to the breakout. The stock is set to open at about $53, and I think it is a great buy for the money at anything under $53, just look for a oversold indicator on the MACD!

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