Month: August 2011

Patient Access Solutions, Inc. PASO

PASO traded more than twice its ten day average of daily volume on Wednesday, and achieved a higher low for the second consecutive day. .0011 was our previous level of support prior to this week, and now becomes our key resistance point, as the stock struggled a bit to breach that level.

Let’s take a look at the PR they released also, outlining a partnership that will increase the company’s effectiveness in addition to potentially generating three quarters of a million dollars in revenue.

We think that PASO qualifies as an undervalued stock, which is why we continue to hang in there and monitor the situation.

HAUPPAUGE, N.Y., Aug 24, 2011 (BUSINESS WIRE) — Patient Access Solutions, Inc. (Pink Sheets-PASO), a leading provider of information technology solutions for the healthcare industry is pleased to announce it has contracted with Partners in Care, an affiliate of the Visiting Nurse Service of New York. Since 1983, Partners in Care has provided certified home health aides and private-duty nurses who are experienced, compassionate, reliable, and highly attentive to the individuals in their care. Composed of more than 8,100 home health aides, RN’s and LPN’s, Partners in Care is accredited by the Community Health Accreditation Program (CHAP) and licensed by the New York State Department of Health.

The solution, based on PASHealth’s proprietary home healthcare Mobipen digital pen application, will pilot this month with key cluster homes in the Partners in Care organization and expand to other licensed users. Stage I of the implementation plan could have as many as 300 users, generating over $750,000.00 in income to the company. Field workers will be able to process paperwork in their usual work flow, while concurrently being able to digitally transfer the information back to the Partners in Care main office using the robust form capture infrastructure to interface patient data and caregiver digital note application.

United Treatment Centers, Inc. UTRM

Well, we were absolutely on target with our timing when it comes to re-alerting UTRM. We left this play alone for months while it sniffed out a bottom, and we called it to perfection!

Yesterday UTRM stock saw prices as high .0024, which would have represented 140% of intraday gains. The stock managed to close at .0015, holding 50% of its gains on the largest volume day of the past year!

We are so glad that it turned out exactly as we predicted, and do hope that some of you were able to catch the action and benefit.

This significant spike in volume in a strong indicator that many folks are out there accumulating UTRM at its bottom.

Patient Access Solutions, Inc. PASO

 This is a play that we made mention of quite some time ago. Nothing really ever falls completely off of our radar, and we felt that it was time to bring this stock into the conversation once again based on a few factors. PASO ran as high as .0027 as recently as August, 3rd however, on Monday, hit its 52-week low.

In early December, the stock was .004, and ran fast to .0224, for a gain of 460%, so we know about the explosive potential in this play. For another example, in July we saw .0013 spike right up to .0027 for just over 100% gained.

Now that the stock has hit a new bottom, we are going to be on the lookout for spiking action similar to that which we have seen in the past.

For those who may not remember PASO is a medical record technology solutions provider with focused service within the healthcare community, of an overall focus of using modern technology to facilitate their client’s needs. Over a span fourteen years in the industry, PASHealth has  developed a single sign-on, web-based, ASP platform which offers electronic medical verification and claims processing.

United Treatment Centers, Inc. UTRM

UTRM is another blast from the past this morning, as long as we’re dredging the old portfolio for hidden gems that are just waiting to be dusted off, and put back into rotation.

This stock also saw its 52-week low this week, yesterday bouncing up over 60% off of that bottom. From a technical standpoint, the RSI is showing signs of coming out of a huge oversold period, and in the past few days we have seen the stock priced as low as it ever has been.

Let’s not forget the past history on this play, one that has brought a run from .0035 to .0082 ( a gain of 134%) as well as one from .0018 to .0175, for a whopping 872% gain. We can only imagine the potential for monstrous gains from here at this extreme bottom.

Let’s not forget the other plays on our radars this week, DWIS, EMXC, and EXTO. We have not forgotten them, simply took a day’s hiatus present these bottom-fishing opportunities. 

 

*In March of 2010, we received 750,000 restricted shares of UTRM from the company for a 3-Month Awareness Campaign. Please note the fact that we still own ALL 750,000, and have not sold a single share.