Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Lenny, you got it right. Understand how NIR works this stock and you can make money. Don't buy into the FDA approval BS and all that stuff. None of it makes sense when you realize that there is nothing there to pull the company value up. Manipulation on this chat room pulls the stock price up, but there is NO VALUE to the commpany. I know all too well. I think their CEO only makes around $80K a year. Hell, that's a fraction of what I make trading penny's as well as blue chips. And he has to work 4 days a week...........
Lenny, you got it right. Understand how NIR works this stock and you can make money. Don't buy into the FDA approval BS and all that stuff. None of it makes sense when you realize that there is nothing there to pull the company value up. Manipulation on this chat room pulls the stock price up, but there is NO VALUE to the commpany. I know all too well. I think their CEO only makes around $80K a year. Hell, that's a fraction of what I make trading penny's as well as blue chips. And he has to work 4 days a week...........
Price manipultion - isn't that what these postings are all about? Short, long; buy, sell. We play the game to make a profit. Otherwise we'd be in some office unable to spend time trading, unless of course you're in a brokerage house and assigned to pump the market........ The possibilities are endless....... Still trending down. Buy back in at .001
Willie Baby - have a candy bar and chill.
I'm here cuz I'm making money. Lost my shorts on this turd when it was trying to look like a company. Offset my losses by riding the cycle that NIR creates for us. Look at their charts - EKG like predictability. Blue chips don't move as quickly as these or provide as big a gain/loss, but they provide a nice hedge against the volatility when you have a ton of uneducated penny-schmucks playing a game they don't understand because they listen to idiots like us posting our opinions. At least I do my homework - something not many out here can say. FDA? What does it really matter?????.
Ya think???????? Yes, Johnny, it really is dillution..........
.0011 guaranteed by EOW. Trending down as always. Just be patient.....
You've asked that question before and I provided the answer. Time to do a little research and you'll find out....... But honestly, does it really matter since I'm just providing facts that relate directly to the company instead of conjecture, insight and speculation? Sometimes I just get bored when the weather gets crappy outside and I can't play.
Without capital to market and sell this device, what good is FDA approval. The firm to get this after PDMI fails with it, as it has with the BFA, the PERG, the P60 UBM, the CT200, etc. will be the ones that benefit from the effort being put forth presently at Paradigm. But, the dream lives on..........
WSJ, Fri. Feb 26, 2010, Money & Investing section, Headline article: "Prosecutors Target Hedge-Fund Firm. Probe of New York's NIR Group Focuses on kickbacks in plot to inflate value of holdings....." Read the article. pdmi is part of their holdings.
NIR is the lender that has provided the vast majority of money Paradigm has received from lenders since 2004. They're the ones who get conversions at a huge discount, I speculate that they pump them and then dump them and make a killing on Paradigm's stock movement. Good work if you can get it and yea baby, I am envious.
Klinkerhoffen: You are the brightest person I've seen post yet. You actually do your homework. We should have badfart or stevoooo or buffaloboy provide proof every time they hype the FDA approval thing. That's only been hyped for 15 months now and it must be correct because there are press releases to validate this is what is truly happening. Anyone read the last paragraph of their press releases - forward looking statements without foundation or fact.......
Do you think that could be because it is more hype than reality? FDA approval for italian manufacturer product by company without capital to market or sell that products makes so much sense I think I'll go out and put tons of money into it. But it is a penny stock and hype is the name of this game. Or, pump and dump. My expectation is .0011 by the end of this week if not before. Just like its always done and after their lender has taken the profits they want out of the conversions they just did.
FDA approval is BS. I'm glad they've pulled into thye .002 range but its trending downward again. FDA approval is great for a company that has money to market and a sales force to sell. These guys have neither. what they do have is an over-90-day unpaid vendor balance around $500,000 and growing. Look at the last reports they filed. Gotta sell a lot of newly FDA approved product with great margins to pay off that debt. Then there's the debt of somewhere around $4Million to their lendor NIR who I've heard is under SEC, FBI and US Marshall's investigation. Gee, sounds like a great company to me. On the other hand, this is a deay trader and stock manipulator's dream. I love it!
Hey guys, none of the money from the increase flows back to Paradigm. The buys are not being filled from treasury, but from conversions being done by the lenders. All the money being made on the climb is going to those investors and lenders who will begin dumping when it reaches their target. Too bad the company has no benefit other than keeping their lenders who get convertible notes happy. And that is a good thing for the lenders and Paradigm since it keeps all their doors open for a while.
I love you guys!!!!! Keep buying this stock and drive that price up. NIR loves you guys too!!!!! Maybe we'll all make enough to pay for dinner tonight...
Wrong. Steve Davis worked there and was ousted when the company was acquired. Heard new mangement came in, met with staff in conf. room, met with Davis in his office and gave him walking papers. Also heard he worked for Paradigm before and was canned. Hope he makes this work. Would love to see .10, would also love to take a gold at the Olympics.
is that a sell or buy order?
thanks, me too, but it has long, long way to go for that to happen. Loss offsets gains from blue chips. Look at ZQK chart and get in when it drops below $2.00 next time. Or look at BPT which has a nice 10% dividend but that's close to $100ps now and probably way out of your guy's range.
I hope you're right. I'd like to see this go through the roof but that roof is far above the level at which you boys play - out of the penny realm........... Wouldn't that be nice.....
Just because of your comments, I decided to hang around and keep an eye on all the pumpers. Great day for day-traders. Real investors still waiting for real recovery which honestly, will never come. The hole is too deep and the products to shallow.
Takin' bets on how long before it drops back to .001. Hopefully you guys all did well and ride the next wave as well. They're spaced about 45 - 50 days. This is just such a pattern if you look at chart for past 18 months it looks like an EKG. Enjoy the ride and cudo's to those who cashed in. Think there's any insider trading going on here?????????
FDA approval would be great but then you need money to market the new product and it is a very crowded space. Nothing new or revolutionary about corneal topography. Everyone has one. Every company in the industry manfuactures and sells one or two or three. Money to market is the key. Sales force is next issue. I think they only have two sales reps left and no money to hire others. But then again, Alice did fall into the rabbit hole and Dorothy did get sucked up by a tornado.........
No, they should block and ban the promoters and those paid by the companies who benefit from the pump. And God knows there are more than the fair share of pumpers in this chat room. On the other hand I love the excitement when the stock moves up just a little. I predict that Paradigm's lender will do a major dump in the next 10 days bring it all right back to .001 or lower.
You have to be out of your mind. Go see Alice in Wonderland and get a reality check...........
I'm with you brother.......... Love the concept. The big problem is they can't afford to install the arch or anything else. The company is broke, B R O K E, broke and then there's the broken part about the company.
Nothing new of their design in over 7 years and their last new thing, the UBM is such a POS now that they've been completely overrun by their competition, like Tomey, Sonomed, Reichert, OCT, and the dozens of others. Once the patents expired, the competition killed Paradigm. Sonomeds sales guy, a former Paradigm sales rep. is replacing the PDMI UBMs in the US one by one. He is on a mission and succeeding.........
Saab - what's that? My SL serves me just fine.......
Current float is approx 2 billion. Selling I'm certain through conversions being exercised by NIR, the company who funds Paradigm and takes payment in convertibles purchased at huges reductions to market price. And therefore the company shall continue to exist...........
Thanks for all private msgs. I'll answer some here. We have over $140,000 in PMED, now PDMI and no, we'll never be whole so we'll never bragg about the killing we made. We believed in former CEOs only to learn from three of them that they had no control, only followed board directives. Five CEOs in seven years, and same board of directors until recent resignations by two board members - what's wrong with that picture? No, we're not bashing the company, only those who continue to try to pump this unrealistically. Even if it gets to .10 we are far from being whole. The loss offsets gains we have from blue chips. And, it's fun to occasionally get the emotions flying with the guys who have no clue why they're pumping a dead dog. Do not believe anyone has read the 10Q or 10K reports and really understands the effort that has been put forth to make this profitable by former CEOs and the reasons why it continues to fail. Remedy: Get a new board and let their CEO, Steve Davis, do his job and make this profitable. He does have the skills to make it happen, only if they would let him.
I call it a virtual office. Who knows to who's house their phone number is forwarded and answered by a "secretary" who then calls the CEO and lets him know to return a call from his blackberry.
go to fda site and check out dates of approved products - 1997?
I clearly do. Excuse my NY directness since it seems to be bothersome for you. I just happen to call a spade a spade. Let them take the stock close to the level that is being projected by guys like you and I'll praise you instead of slap you across the face. Yep, we are all entitled to opinions and as you know, they like certain orafices, we all have them. I just don't respect yours and you obviously do not like that. Have a good day, give my best to your family and I am certain you are a descent guy or woman who is having fun and possibly profit from pumping the life support system of a dying dog.
my friend, you have no idea of our risk level and how much Paradigm stock our fund is still holding from the last time it got up over a cent and then rapidly dropped to its current deflated level. Thank god for blue-chips that have had such a nice run during the past six months....... But remember, you are doing an excellent job at pumping this puppy. That will be remembered during your next performance evaluation.
WOW!!!! I'm sure you'll report to us what he tells you. You must be a friend of his if you're getting through to him. Will you get us answer why they're paying for FDA for Italian company? Better yet, please ask him what top line and bottom line was for 2009 - expect he will fabricate numbers since the reality is probably shocking and since they no longer need to report.
do I detect a sense of paranoia or is it just that the truth hurts? There is no attack, just corrections of wrongful statements such as the stock going to .10, or what I call a pump.
By the way who is stevooo? Could that be the CEO behind the curtain?
They don't reply to e-mail or answer phone calls or return messages left. I don't think there's anyone at the company offices. Do you?
OMG - actually someone with intelligence. Yes, hype, maybe more fantasizing than lying. Current CEO fired first time at company for inability to perform. Seems his performance has not improved. They are now non-reporting company so none of us will know how much they lose every quarter. Scam perpetuated by those over the CEO who is puppet in this deal. I get such amusement reading the pump from the guys who are on the payroll of the lender and probably the company or most likely inside the company. SEC does't care anymore about these guys since they such a small, small potatoe and the big boys consume SEC time.
copner49... No guts no glory. Too bad you wouldn't take bet I proposed. Took my money and bought ZQK. I know at $2.00/share that's a little steep for you and your buds. But good luck. But if you do hold your breath until iPMED gets to .002 we won't be hearing from you again.
Dear Cleanheart53.
You keep talking about FDA approval news that will send stock higher. Since you are part or nir or the company you know they do not manufacture anything that is new but buy from companies in Italy and China. How and why would they pay for FDA approval process for others? They have no money for marketing. What will they get FDA approval on since they don't manufacture? Totally reliant on the goods manufactured by others. But, you do a great job continuing to hype their continually sinking stock. I would love to see it get about .03 and break even, but it just ain't gonna happen.
When one of their major unpaid vendors hits them with a lawsuit to collect unpaid money, they have no choice than to BK. That's what they've told the vendor I work with closely in China. How about that. "If you sue us you will drive us to bankruptcy" said one of their executives some time ago.
So my request - get factual data and report that. On the other hand if you're paid to hype lies about them, you're doing a great job. Just think about the poor suckers out there who have no idea what a loser this company is and put all they have into it because of your hype and then lose that? Should be a comforting thought when you go to sleep..........
Dear Neilpert - Please understand that Paradigm doesn't manufacture anything anynire that was not FDA approved more than a decade ago - except stuff made by others. Why would they be going for FDA approval since they have become nothing more than a distributor for other's products, not a manufacturer or inventor. Now selling same things that others sell but with a different brand on it and, of course, no money for a sales force or marketing. Then again, the line of getting FDA approval, even though its for nothing they build, is great HYPE - fantastic HYPE to get fools to buy more of their worthless stock.
I've got millions of shares that my broker can't seem to get anyone to pick up. Want them?
SEC person who fields Paradigm complaints is Stephanie Hunsaker at 202-551-3512. Anyone who thinks they've been and continue to be screwed by this organization should call her and file your concern. But I think the company's legal counsel who coincidentally is also the company's chairman loves to do battle with the SEC since it's more billing for his law firm.