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Medivolve Inc MEDVF

Healthcare Copper
Medivolve, Inc. is a Canada-based healthcare technology company. The Company has two business units: Medivolve Pharmacy Division (MPD) and Collection Sites Diagnostics (CSD). MPD provides retail pharmacy and mail-order pharmacy services related to COVID-19, antibiotics, dermatology, family medicine, immunology, neurology, pain management, pediatrics, preventive medicine, and psychiatry to patients in Southern California. CSD’s software platform, Electronic Health Records app (EHR), is focused on supporting clinical staff, is a series of assets and functionalities that enhance the customer experience and provide an end-to-end lab solution. The Company, through its subsidiaries, Medivolve Pharmacy Inc., and Kedy Ying Jao D.O., a medical corporation, operate a distributed network of two retail patient-care locations in California, United States. The Company has served hundreds of thousands of patients across the United States and facilitated more than 1,533,000 clinical tests.


OTCPK:MEDVF - Post by User

Medivolve Inc > Half of the float have been traded...
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Comment by oxinoson Aug 06, 2020 7:14am
131 Views
Post# 31371126

RE:RE:RE:RE:Half of the float have been traded...

RE:RE:RE:RE:Half of the float have been traded...
north40 wrote: im not a bright guy, please summarize what this means to us juniors,laymen PLEASE
regards,
north of 40



What this means is that the over 33.0 million shares that have been traded in the last few days have an average purchase price at over $.20
There is no incentive to sell again unless they would be willing to incur a loss. Most of those who  bought shares in this price range are looking forward to an increase in the share price so that when they sell they will realize a profit.
Thus, there shouldn't really be many who would be willing to sell at the current market price. In such an environment the share price should be trending up!
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