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Empower Clinics Inc EPWCF

Empower Clinics Inc. is a Canada-based integrated healthcare and medical device company with multi-disciplinary clinics. The Company provides body and mind wellness for patients through its medical clinics, digital and telemedicine care, medical diagnostics laboratories, and sale of medical devices. Its segments include Health & Wellness, comprising clinic operations, patient visits, and telemedicine services; Diagnostics & Technology, comprising the diagnostic testing services provided by Kai Medical, and the sale of medical equipment by Kai Medical Canada Corp. and MediSure; and Corporate. It is focused on offering clinical trial services, such as clinical trial design, patient recruitment, data management and regulatory compliance for the pharmaceutical, biotechnology and medical device industries. It has two clinical research sites in Dallas, Texas, becoming a site management organization (SMO) with six principal investigators (PI) with multiple clinical trials under application.


GREY:EPWCF - Post by User

Comment by Smokey1958on Jul 14, 2021 7:07pm
101 Views
Post# 33547100

RE:RE:RE:Struggle believing

RE:RE:RE:Struggle believing

The trouble with your assessment is that you sound like you expected to get rich ...."last week". Nothing negative that has happened in the last 6 months to a year can be laid at the feet of Steven McCauley, except the fact that he articulated throughout 2020 in what could BEST be described as a two year plan. Nothing that has happened from a business perspective can alter that reality. He has been both honest and transparent.

The rise of the junior markets with a crescendo near the end of February and a subsequent fall for most stocks (some more than others) coincided with some great NRs from Empower. The fruit from those announcements was going to take longer than a few months. Consequently shorters and day traders have had a field day with this GREAT stock .....and market forces have only added to that.

If you're not interested in holding long, fine, ....that you're calling a stock sitting at $.60 and more recently $.70 which is more than 20x  what it was a year ago .....with all due respect, is laughable. Clearly you bought high which was reasonable based on the news, the sentiment of the markets and market forces in the first 3 months of 2021. You invest in the company ....not the sp, you do your DD to determine an entry point based on your risk tolerance and you accept the consequences ....not whine about them.

If the sp of Empower is stagnant until the end of 2021 and in to 2022 you might have a case ....until then ....not even a hint of one.

Cheers!


Blankie wrote: Didn't short anything, simply seeing a dead fish. Yes, OK to my other holdings, some up, some down, but nothing as horrible as this pumped up thing..  Astute Investor, sure, like us all, but now and again we take flyers and some work, some do not, this is just the worst one ever!

 

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