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Medivolve Inc MEDVF

Healthcare Copper
Medivolve Inc. is a Canadian healthcare technology company. The Company and its subsidiaries, Medivolve Pharmacy Inc. (doing business as Marbella Pharmacy) and Kedy Ying Jao D.O., a Medical Corporation, operate a distributed network of two retail patient-care locations in California, United States. It has two business units: Medivolve Pharmacy Division (MPD) and Medivolve Clinic Services Division (MCSD). 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. MCSD provides licensed healthcare through a clinic in Brea, California, United States. MCSD is focused on developing a telehealth platform, which connects patients with physicians, and facilitates and manages the provision of virtual consultation, diagnosis, and treatment services in partnership with qualified health practitioners.


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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