GREY:EPWCF - Post by User
Comment by
Smokey1958on Mar 20, 2021 10:44am
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Post# 32844770
RE:RE:RE:CBDT News!! Saliva Covid 19 Test Kits Now Available!!
RE:RE:RE:CBDT News!! Saliva Covid 19 Test Kits Now Available!! That was a breath of fresh air, Chitory! Thank you!!!
Seriously, how much more news could possibly be required to demonstrate the incredible state of this company ....and a reminder, it's been just a little over a year that the team at Empower has begun to execute the plan. A 500% increase in quarterly growth from Q1 2019 to Q3 2020 hardly moved the needle. It was still undervalued! On December 4, 2020 the sp was $.09.
The sp jumped up shortly thereafter and hovered around the $.30 mark until February 8, 2021 (roughly 6 weeks ago) ....and with all the news coming and the acquisition of the Canadian clinics ....CBDT was still considered to be woefully undervalued.
As the news started to spill out on the dramatic increase in patient visits to the US clinics and the potential for Kai Medical ....the sp finally jumped up only to embark on its rocky ride over the last 6 weeks. All that has happened during this time is a deal with Rexall to enhance the rate of expansion of the Canadian clinics and most recently the potential relationship with MedX.
With projections of revenue and financials coming soon ...how could the sp not jump. That's a rhetorical question ....because the sp for Empower as is the company itself, is still undervalued. Market forces can only hold this down for so long.
Thanks again, Chitory!
GLTY and GLTA!!!
Chitoryuteacher wrote: @burnout,
The problem is shorters, the kits just went online Friday, people keep waiting for news not realizing there's been enough news to show there will be strong revenue and growth even is there wasn't another news release the rest of the year. People also don't do any due dligence and are not taking a indepth look at what this company is about to do. Most here wouln't even know the partnership they just made with Medx for example. Which will be big time.
The good news is, when this takes off, it's going to fly I'm guessing close to $3 and then pull back a bit. But my guess is we will be over or around $5 by the end of the year. Q1 2022 will push it higher again.
So rest easy :) Go Longs.