Empower Clinics Inc. C.EPW

US news outlets

[RiskyBiz928]

talking about testing like crazy this morning. Government desperate so could help expedite approval of getting kits out there.

[khyber2]

At least, Morningstar has a $0.79 target on cbdt again. GLTA

[burnout29]

This post has been removed in accordance with Community Policy

[Mayberry1]

agreed, would be nice but they are way over on all stocks I've looked at through them. Just checked and they have fair value of CBDT at 94 cents. Again would be nice but won't be anytime too soon.

[rmaddtrader]

Why do you say that? December 30th 2020 the sp was $0.265 and by February 22 2021 the sp closed at $2.28. That rise in price was based on the rise of COVID cases and the need for PCR testing which Empower could provide through KAI Labs. Now fast forward to one year later and COVID cases are much higher than they were last year and there is more of need for both PCR tests and rapid tests which

[Mayberry1]

To clarify I would love to see this hit $1.94 again let alone $0.94. However the reason I have doubts in it hitting those heights quickly is based on a few factors. The parabolic rise turned out to be an equally great cash cow for the shorters and bashers. The Klein issue followed by the delayed financials during an overall down turning market then throwing the net loss reported due to the warrant

[Smokey1958]

Solid overview, Mayberry! The only critical piece missing is that for some reason there was a massive bull run on numerous stocks during January and February. Manipulation, probably, over zealous investors, for sure. You can take the graph for many, many companies and see EXACTLY the same pattern. Many, including myself, got too caught up in individual stocks and didn't notice this developing.

[Goldzjim]

Actually the rally was penny stock hype, 100s of penny stocks went parabolic in February 2021, it had NOTHING to do with fundamentals, Covid, prospects, or the the business model.