Puramed Bioscience Inc. (PMBS.OB) Up 50% Today
Source: http://Blog.QualityStocks.net/?p=18746Posted on Thursday, October 22nd, 2009 | In Investing Lessons, Small & Micro Cap
Puramed Bioscience Inc. is currently trading at $1.50 per share, up $0.50 or 50%, on volume of about 50,000 shares. The stock, which hit a high of $1.99 earlier today, was mentioned about six months ago – April 2, 2009 – to be exact in the FREE Daily Newsletter from QualityStocks. At the time, Puramed Bioscience’s stock was trading for only 8 cents a share! For investors who jumped aboard at that time, they have seen their holding multiply by nearly 19 times!
Puramed Bioscience engages in the research, development and marketing of non-prescription products. The company’s leading product is LipiGesic M, which provides acute relief from migraine headaches. In addition, Puramed also has plans to launch LipiGesic PM, which provides a remedy for insomnia and other sleep disorders as well as LipiGesic H for common tension headaches.
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