Psychemedics Corp. (NASDAQ:PMD)

CAPS Rating: 3 out of 5

The Company provides testing services for the detection of abused substances through the analysis of hair samples by utilizing a patented technology to perform radioimmunoassays on enzymatically dissolved hair samples.

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Player Avatar majakblue (< 20) Submitted: 7/13/2007 9:57:31 PM : Outperform Start Price: $15.31 PMD Score: -48.19

Good IP, they hold the patent for drug testing using hair. Good customer base and they are slowly growing. I see potential. It is somewhat overpriced but not severely so. Long-term hold.

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