Added to YB: 2024-08-15
Pitch date: 2024-08-15
PMD [bullish]
Psychemedics Corporation
-22.47%
current return
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
Psychemedics Corporation, together with its subsidiaries, engages in the provision of testing services for the detection of drugs of abuse and other health markers through the analysis of hair samples in the United States and internationally.
Market Cap
$14.4M
Pitch Price
$2.27
Price Target
2.35 (+34%)
Dividend
N/A
EV/EBITDA
-148.49
P/E
-7.34
EV/Sales
0.72
Sector
Health Care Providers and Services
Category
special_situation
Unlock a Risk-Free Profit: Psychemedics’ Reverse Stock Split Presents a Unique Arbitrage Opportunity
PMD: Delisting from NASDAQ & reverse split (1:4000-1:6000) with $2.35 cash-out for small holders. Trading at $2.26, potential $360 profit on 3,999 shares. Low-risk arb opportunity. Illiquid in after-hours. Peter Kamin-style move.
Read full article (1 min)