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Emergency Med.Svs. - EMS - cls: 29.30 change: -1.11 stop: 32.05

Company Description:
Emergency Medical Services Corporation (EMSC) is a leading provider of emergency medical services in the United States. EMSC operates two business segments: American Medical Response, Inc. (AMR), the Companys healthcare transportation services segment, and EmCare Holdings, Inc. (EmCare), the Companys emergency department and hospital-based management services segment. (source: company press release or website)

Why We Like It:
I mentioned EMS as a stock on my watch list in the play editor's note this weekend. The stock has broken down from its sideways consolidation and did so on above average volume. This looks like a new entry point for shorts. There is potential support near $27 and then again near $25, which is more easily seen on the P&F chart. We are listing two targets. Our first target is $27.25. Our second target is $25.25. FYI: The stock does have a relatively high amount of short interest and a very small 8.57 million-share float, which raises the risk of a short squeeze.

Picked on December 17 at $29.30
Change since picked: + 0.00
Earnings Date 02/07/08 (unconfirmed)
Average Daily Volume: 193 thousand

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