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Empower Clinics Inc. C.EPW

Alternate Symbol(s):  EPWCF

Empower Clinics Inc. is a Canada-based integrated healthcare and medical device company with multi-disciplinary clinics. The Company provides body and mind wellness for patients through its medical clinics, digital and telemedicine care, medical diagnostics laboratories, and sale of medical devices. Its segments include Health & Wellness, comprising clinic operations, patient visits, and telemedicine services; Diagnostics & Technology, comprising the diagnostic testing services provided by Kai Medical, and the sale of medical equipment by Kai Medical Canada Corp. and MediSure; and Corporate. It is focused on offering clinical trial services, such as clinical trial design, patient recruitment, data management and regulatory compliance for the pharmaceutical, biotechnology and medical device industries. It has two clinical research sites in Dallas, Texas, becoming a site management organization (SMO) with six principal investigators (PI) with multiple clinical trials under application.


CSE:EPW - Post by User

Comment by Malachiteon Feb 19, 2021 6:24pm
357 Views
Post# 32616402

RE:RE:RE:RE:RE:RE:UNREAL!

RE:RE:RE:RE:RE:RE:UNREAL!

I agree that such a push might've not wholly come sheer informed stakeholder investing. However, the difference between us and many other peny stocks is that gamestop has a certain value. it may be a range, but we know what they have. With CBDT, even if some of the sp increase comes from "reddit investors", we don't actually know the value of the company because it is growing but doesn't have some of the numbers to back it up and solidify it's worth.

A pullback is for sure coming, maybe next week depending on NRs, but company will still have value above the share price. To clarify; GME went from $50 to $450 back to $50. that's because it's probably only worth $50/share, and we all know its definitely not worth $450. But if we go from $1.70 to $5 back to $1.70, well we don't know if the company is worth $1.70. Maybe $5 is what it's worth. Because of this, even if there is a large pullback, the share price is likely to return to it's old high, just more naturally and gradually.

For example, for myself, this company is worth much more than $1.70/share. Maybe it's worth $3. However, once we get to $3, the company is probably going to be worth $5 and so on, until I either find more opportunity somewhere else or need the cash personally.

 

All I know is that I will keep holding for a long time. The same for Loop as they are connected (listen to episode 5 of the Loop Podcast with Steve McAuley). That's the beauty of penny stock: subjective projected value. Have a good weekend, I hope to you you all and $2 on Monday!

 

Cheers
 

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