Today's Largest Implosion: Power Medical Interventions (PMII)
It looks a lot like Power Medical Interventions, Inc. (NASDAQ: PMII) should have had its own intervention. The company released earnings yesterday and Wall Street isn’t trusting its addressing challenges that slowed the adoption of its new products. Sales were only $2.2 million, which was flat and more importantly the company lowered its guidance. It [...]
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