Major momentum breakout alert in SIMH right now
PennyStockGeneral Newsletter
Sanomedics International Holdings, Inc (SIMH)
Traders ,
We have something really special for you tomorrow. A ticker that has started to bounce from technically oversold lows. Serious momentum has come into Sanomedics International Holdings, Inc (SIMH) today, and we think tomorrow could be even bigger.
SIMH has a history of making some major runs. Just a couple of months ago in October, SIMH ran from $0.02 all the way up to $0.60 on massive volume. That`s a 2,900% gain! And last month, SIMH bounced from around $0.016 to over $0.04 in two days. A 150%+ gain. Today SIMH started to bounce from 52 week lows, hitting a high in the morning and then consolidating the remainder of the day. We think there could major follow through and even bigger gains tomorrow. SIMH has a tiny market cap of less than $2m. And according to OTCmarkets.com, the float is an astonishingly small one million shares, or around $19k at today`s closing price.
Sanomedics International Holdings, Inc. (SIMH) is a medical technology holding company that focuses on game changing products, services and ideas — a place where physicians, entrepreneurs, and medical companies can work together to drive innovative technologies through concept, development, and ultimately commercialization. Specifially, SIMH manufactures and distributes innovative professional medical, as well as, home health diagnostic devices and products. Sanomedic`s goal is to act as a bridge between the high-technology medical world and the home healthcare environment. All Sanomedics professional and home healthcare products are designed to be easy to use while providing a high degree of health benefits and accurate results.
SIMH plans to grow existing business organically and through strategic acquisitions specifically relating to healthcare technology and services. You can learn more about SIMH on their website www.sanomedics.com Major news announced today…
Sanomedics Signs Comprehensive Distribution Agreement With Henry Schein, Inc.
MIAMI, Dec. 9, 2014 (GLOBE NEWSWIRE) — Sanomedics International Holdings, Inc. (SIMH) ("Sanomedics" or the "Company"), a medical technology holding company that focuses on providing game changing products, services and ideas, announced today that the Company`s Thermomedics, Inc. division, makers of the world`s leading TouchFree(TM) Clinical Thermometer, Caregiver(R), has signed a comprehensive distribution agreement with Henry Schein, Inc. (HSIC) ("Schein").
Schein is the world`s largest provider of healthcare products and services to office-based dental, animal health, and medical practices with operations and affiliates in 28 countries and sales of over $9.6 billion in 2013. They recently came to an agreement with Cardinal Health, Inc. in which the physician office sales team and physician office distribution business of Cardinal Health`s Medical segment, with annual sales of more than $300 million, will be transitioned into Henry Schein`s Medical Group, servicing the medical product needs of more than 25,000 physician office customer locations and approximately 200 employees.
Keith Houlihan, President and founder of Sanomedics, commented, "The addition of Schein`s premier sales and service organization for Alternate Care sites will perfectly complement our existing national sales organizations for Acute Care facilities. We expect that this distribution agreement will create immediate sales and service opportunities and increase our penetration into the fast-growing healthcare providers market."
Ron Benincasa, VP Sales and Marketing for Thermomedics, commented, "Sales of our TouchFree clinical thermometer, Caregiver, are continuing to soar based upon the demand from new infection control protocols being implemented at many of the world`s hospitals and healthcare facilities, with an emphasis on reduced contagion. Our Caregiver thermometer provides medical professionals, especially in urgent situations treating highly infectious diseases such as Ebola, Flu, and other Viral and Bacterial entities, with a TouchFree(TM) thermometer that will help minimize contact and enhance infection control." See press release in full at http://finance.yahoo.com/news/sanomedics-signs-comprehensive-distribution-agreement-132700471.html
With such tiny market cap and float, and technically oversold levels, we think the momentum that started in SIMH today could very well continue, and accelerate, tomorrow. We urge you to do your research on SIMH now and be ready to trade at the opening bell.
The Team www.PennyStockGeneral.com
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