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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 > Shorting question
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Post by HoldMeon Sep 12, 2020 12:22pm
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Post# 31548414

Shorting question

Shorting questioni have a basic knowledge of how shorting works but I don't get why someone would want to keep a stock price down for so long.

I would assume the shorter would want to cover the short as soon as possible so they can stop paying the stock borrowing cost. Or do they think they could push the price even further to increase the profits made on the price drop and that offsets the borrowing costs?

I just don't get how keeping our stock price low is helping anyone make money.

TIA

HM
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