MedeFile International, Inc. (MDFI.OB) Up 1,680% to 52-Week High after QualityStocks Newsletter Coverage

By IBTimes Staff Reporter | January 12 2010 12:01 PM

Shares of MedeFile International Inc. hit a new 52-week high today. The stock closed trading at $0.0107 a share, up $0.003 a share, or 38.96% for the day. The surge in the company’s stock is accompanied by an incredible surge in volume – over 53 million shares versus the average trading volume of about 436,000 shares. MedeFile International was mentioned in the QualityStocks Newsletter back on August 21, 2009. At the time, the stock was trading at $0.0006, just above the 52-week low of $0.0004. Since then shares have increased more than 1680% in value.

Sponsorship Link

MedeFile International is a leader in portable electronic medical records management. The company has developed a proprietary system for gathering and digitizing medical records so that individuals can have a comprehensive record of all of their medical visits. The company’s primary product is the MedeFile system, a secure system for gathering and maintaining medical records that can be accessed 24 hours a day, 7 days a week.

If you are an investor interested in the micro-cap and small-cap markets, then the QualityStocks FREE Daily Newsletter is for you. The newsletter covers undiscovered, emerging companies like MedeFile International on a regular basis. The QualityStocks Newsletter gathers data from hundreds of microcap newsletters and puts it together into the one and only “QualityStocks Daily”, featuring a summary format in which you can view the latest stock picks from newsletter writers every day. To sign up for the free newsletter, please visit www.signup.qualitystocks.net.