record revenues may drive up price

NASDAQ:PMD   Psychemedics Corporation
PMD is making money and paying 18¢ dividend per quarter. Yesterday they announced that the 2nd quarter revenues were their largest ever and they anticipate more growth... read the report online. You can see from the chart that most of the movement in the price this year has been stuck in an extended rectangle ranging from about 19.25 to 22 dollars; today's rise (around 2%) pushed up to about the center of that range, but the rise came with nearly 4 times the average volume so it may be useful to be aware of that.

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