Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Odds....
View:
Post by badog222 on Dec 03, 2020 3:14pm

Odds....

Others will tell us that there is no limit how high this could go once AI is proven and PMED gets actual customers.   How high?    I don't know....they will probably say $30...maybe $50/share.   Mabye $100/share.  

So lets say it can go to $50/share once it proves AI works.   It's all a guess by anyone.   If one waits to buy shares after announcement of success with contracts and revenues it could already be at $1...maybe $1.5 before we can buy our shares.   Who knows.....maybe $2.   Depends on annoucement.   So if it goes to $50 and you bought 10,000 shares your shares could be worth $500,000.    Sweet.

Now lets say you buy the same 10,000 shares today at $.45/share  =  $4,500.00    if it goes to $50 your shares are worth the same $500,000.    But there is no proof that this AI technology works.   So this could just as easily go to zero and you are out $4,500.    

The first way of investing give you an almost guarantee of success with your investment.   The second way is still very high risk.   How many times can you afford to lose your investment money on these high risk plays?    The first way gives one so much more assurance of not losing a dime.   Instead it would be making money every time.   

Everyone gets to choose.    Choose smart.

Badog
Comment by badog222 on Dec 03, 2020 3:19pm
Just to be clear.....I am not here to give investment advice.   That is not my profession.   This is all my opinion only.   Do with it what you will.   But it is not meant to be advice....my opinions....just options. Badog
Comment by HotFuzz on Dec 03, 2020 4:48pm
 Badog... what do you like about this company? I'm curious what you find intriguing about PMED to be on this board daily and continuously filling it with your comments?  Do you currently hold the stock... held it in the past.... or plan to buy it in the future? I truly am curious. 
Comment by badog222 on Dec 03, 2020 5:55pm
Hotfuzz.... What i like is the idea that this AI technology could bring in some good revenues if they ever prove it out.   If that happens the sp could fly.   I'll watch to see if that happens but I have seen so many of these stocks turn out to just be a money machine for those that start the company.   From what I've seen these penny stocks rarely prove out ...more  
Comment by Jinderushi on Dec 04, 2020 12:11am
I agree with Badog. Your perspective is right on. Revenues, and even better growing revenues is what you want in any investment, but a zero revenue business is not even a business. Sharks in the ocean have been around as a species for millions of years and are some sharks screening the other sharks to see if they are drunk and stoned or sick. All other species don't need this, so why humans ...more  
Comment by LaurinDE on Dec 04, 2020 3:27am
it takes at least to things for a company to be successfull... a good or visionary product and a good business/sales team. I bought shares of PMED because I speculated (speculated - not invested!) that the result of their 3000 people impairment studies in India would proove their technology. I had doubts wrt the business part of the story. I have become rather critical when they started the ...more  
Comment by LaurinDE on Dec 04, 2020 5:46am
(same posting without all the typos...) It takes at least two things for a company to be successfull... a good or visionary product and a good business/sales team. I bought shares of PMED because I speculated (speculated - not invested!) that the result of their 3000 people impairment studies in India would proove their technology. I had doubts wrt the business part of the story. I have become ...more  
Comment by badog222 on Dec 04, 2020 10:09am
LaurinDe.... With only 100 million shares I think this could easily run to more than a few dollars / share if they could ever prove / validate that the system works.   They wouldn't be able to make the scanners fast enough.  But like you I am extremely skeptical that they are having success.   Like you say, they are way overdue on reporting the results of the trials.& ...more  
Comment by Jinderushi on Dec 06, 2020 4:56am
Anything that fluctuates up and down this wildly with zero revenue and like you say sketchy promotion seems like a prime example of a stock that people can have a bit of fun with if they miss going to the casio. Zero revenue and not much evidence that it works, phony promotion -this is for amateurs. Too easy for a shrewd gambler to walk away from the table with amateur investor's $.
Comment by Invisibleclout on Dec 06, 2020 10:24am
U crack me up. 
Comment by Strathroy50 on Dec 07, 2020 12:01am
Hinderushi, you clearly have zero knowledge about PMED. You must be either short or clueless. Maybe both..... 
Comment by TruthBeTold7 on Dec 07, 2020 12:25am
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities