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Bullboard - Stock Discussion Forum Predictmedix AI Inc C.PMED

Alternate Symbol(s):  PMEDF

Predictmedix AI Inc. is a life sciences technology company. The Company, through its subsidiaries, focuses on artificial intelligence (AI) technologies which target two specific areas: workplace health and safety and healthcare. It has developed a technology for the identification and detection of infectious disease symptoms, including COVID-19, referred to as its infectious disease symptom... see more

CSE:PMED - Post Discussion

Predictmedix AI Inc > Why rush in?
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Post by badog222 on Nov 20, 2020 12:58pm

Why rush in?

When I think of the best investors in the marketplace it always comes back to the same philosophy….invest in quality companies that make money.     I never see any of those people advise to invest in an unproven products or technologies.   I understand that this is penny stocks and some just throw small amounts of investment capital at these on a hope and a prayer….but I still don't see the point of jumping in before the companies prove themselves.   There will then still be plenty of money to be made after it is proven and an investment is much safer with much less risk of losing ones money.   One of the best things an investor can do is to guard against loses.   That will keep one in the game.

Anyone that tries to get others to throw money at an unproven investment is only concerned with getting his shares to a higher price at which point they may well dump them....and often times do...leaving the others to lose if the company fails. 

Just my thoughts and all IMHO.   

Badog
Comment by patience1 on Nov 20, 2020 1:28pm
Badog, excellent use of the bold font well done. The funny thing is that you do see the point because you already did invest in the company and got impatient and sold out. (and that's prlly why you come on here to discourage new investors because you're bitter and dont want to see this rise)  OF COURSE it is higher risk investing in a company before revenues are disclosed but there ...more  
Comment by badog222 on Nov 21, 2020 10:27am
patience1....yes I threw a little at this and then sold when the promoters, like yourself, kept saying you were talking to top management who were indicating big things coming.   Big announcements next week....that didn't come.   Big announcements again the next week....that didn't come.   Goes on forever with nothing....and no results of the tests.  ...more  
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