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Bullboard - Stock Discussion Forum 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... see more

GREY:EPWCF - Post Discussion

Empower Clinics Inc > Early Bids
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Post by Smokey1958 on Jan 13, 2021 8:43am

Early Bids

Please tell me these early bids at $.315 are a joke ....although it's not particularly amusing ...at all. After market close yesterday, Morningstar has upped the Fair Value sp for CBDT to $.55. Even after the mess of yesterday afternoon's swings their 1-star speculative valuation has jumped to over $10.00. While I think that's a little extreme, starting off the morning significantly lower than yesterday's close makes absolutely no sense. Let's hope for clearer heads at the bell.

Is this a market correction everywhere?

GLTA!
Comment by jaypi2 on Jan 13, 2021 9:03am
This decrease is due to the WSR interview yesterday, the CEO only repeated what all CBDT inverstors have known for a long time, many were expecting more, so they drop by frustration i think
Comment by Smokey1958 on Jan 13, 2021 9:18am
And therein lies the problem. While I don't disagree with you, if one is making investment choices based on expectations out of an interview they are clearly in the wrong game. No material information will EVER be disseminated in that way. It's unprofessional and more important, it's ILLEGAL! Also, an intelligent, experienced businessman will NEVER  make loud, bold projections on ...more  
Comment by inviolablspirit on Jan 13, 2021 9:21am
Didn't Steve say testing was increasing significantly each day or week and they were getting closer to being at full capacity.   Some were estimating we could be around 3000/day.  If this is the case, then that is significant news.  That's a potential $9 million a month or $108 million a year!  
Comment by inviolablspirit on Jan 13, 2021 9:58am
I'll admit I was half asleep while watching the interview, but Steve is actively pursuing more labs and you don't do that unless all indicators are pointing towards the need for them.  Even is we are still only at half capacity in testing that still works out to $6 million/month or $72 million/year.  I would say this company continues to be way undervalued.   The fact that ...more  
Comment by Ryezensum911 on Jan 13, 2021 9:28am
Morningstar is an absolute joke, you really cant give them any credence. Yesterday Steve repeated the same ole repetitive sales pitch, he's been pitching for quite some time now, with nothing new to add.  Now it's starting to appear almost desperate. If you have nothing new to add, you're better off to just remain quite until you have something of real content to announce ...more  
Comment by Smokey1958 on Jan 13, 2021 10:06am
Once again someone posts and offers no substantial evidence as to why they offer such an opinion.  Your comment on Morningstar is void of any of that. It is a tool, plain and simple, to be used with other platforms as a means of carrying out due diligence.   As for your other comments, if investors are motivated, or not, by expectations from an interview they weren't long on ...more  
Comment by Ryezensum911 on Jan 13, 2021 10:51am
Well put.. as for Morningstar, I still think your better off asking your magic 8 ball. Doing your DD is fine, but for me entities like Morningstar are completely devoid of any real connection to reality. As for Steve seeming desperate, of coarse he is obviously anything but desperate. But when you have constant repition in a very short period of time with absolutely nothing new to add, traders are ...more