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Healthcare

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

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GREY:EPWCF - Post Discussion

Empower Clinics Inc > Hedge funds shorting

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Post by 7Twiggy on Jun 15, 2021 10:02am

Hedge funds shorting

Suspect most of the sales are hedge funds shorting. Now would be a good time to release news on the U.S. expansion.

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Comment by inviolablspirit on Jun 15, 2021 10:09am

Catch them in their short, that would be nice. Quite the overreaction, considering Q4 was 6 months ago. I thought the market was forward looking?

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Comment by 7Twiggy on Jun 15, 2021 10:14am

For sure. I am sure this was what they have planned for any company delaying their financials.

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Comment by inviolablspirit on Jun 15, 2021 10:14am

Steve could have at least releasd the statement after hours yesterday and then we may not have had such an overreaction in the market today. Other then the Trump audit, this may be one of the slowest audits in history. Did Steve hire graduates out of an accounting class in high school?

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Comment by Bonsai on Jun 15, 2021 10:22am

Need to replace MNP auditors and go to a larger more experinced firm!!

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Comment by RiskyBiz928 on Jun 15, 2021 10:28am

That's a good one. Freggin' bean counters, maybe they lost count of the beans and they had to start over. Regardless, the bashers use this delay as a tactic to sow fear and panic. Can you feel it? If so, go back and read the NR's for the last few weeks (that is, if you're not 'illiter8') - Medisure, 6 more clinics on the go (more to come), thousands of covid tests a ...more

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Comment by inviolablspirit on Jun 15, 2021 11:07am

I'm a big supporter of this company and the direction it is going, but even as a long term investor I have to admit I am losing patience with these delays. Look on the brightside, by the time Steve gets these financials out he'll be able to release Q1, Q2, Q3 and the 2021 year-end financials. Maybe it would be better if Steve just had the stock halted until the release of ...more

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Comment by 7Twiggy on Jun 15, 2021 1:13pm

Sounds like they operate like the guy who updated our kitchen.

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Comment by whateveryousay on Jun 15, 2021 10:28am

I am not sure why covid would effect timing on financial audits as far as I know acccountants did not stop working.My companies finacials were done on time as usual.

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Comment by DeepValie on Jun 15, 2021 10:15am

Of course short would jump in Empower again opened free fall scenario... no doubt it'll go under 0.5.. till they announce Q4 .. maybe under 0.4... no brainer

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Empower Clinics Inc