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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 > Shorts going to get burned
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Post by 7Twiggy on Jul 14, 2021 9:47am

Shorts going to get burned

I would bet that most of the selling this morning is coming from traders working for hedge funds shorting the stock.  Dosn't seem to be working for them as the stock is recovering nicely.  They will have to buy them back at some point.  Most real investors have a pretty good idea of what is going on.  The basher they  have working for them pretty obvious.  Would be nice to know the dollar figure of their shorting limit. When they start covering should add to the upward price pressure on the stock. I am betting we get an operation update shortly.
Comment by 7Twiggy on Jul 14, 2021 10:07am
Fun to watch the shorts trying to throw more fuel on the fire and bring the stock price down. Most real investors know the loss is mainly due to the warrant exercise.  I don't see anything but good news coming down the pipe so those shorting are most likely in for a big surprise.  I would not bet against this being back in the green within a few hours. Don't think you will see ...more  
Comment by inviolablspirit on Jul 14, 2021 10:09am
I definitely have no problem watching the shorts burn on this as they are vultures who prey on the weak.  They certainly don't care who they hurt in the process.  They may regroup and try again tomorrow though.   I'm sure Steve has some news coming.  However, I feel bad for those investors that actually panicked and listened to the bashers and sold at the open.   ...more  
Comment by 7Twiggy on Jul 14, 2021 10:18am
iv, I have a feeling very few of those sales came from panicked investors.  Most of us here have followed the stock and have been in at much higher levels.  I have a fairly large position and do not feel the least bit worried.  Moderna hit a new high today and it was handled much the same way by Money Managers shorting and having bashers put up all sorts of garbage.  Look at it ...more  
Comment by inviolablspirit on Jul 14, 2021 10:24am
Yes, I would agree, but I'm sure some did panic.  Most are probably shorters.  CIBC put up a big sell at $0.55 to start the low price then pulled it and were probably accumulating the stock.  I think we are seeing more and more shares moving into the hands of the institutions and stronger hands because they know this stock is going to do very, very well in the coming months and ...more  
Comment by 1Hornet on Jul 14, 2021 12:54pm
Hey there Pumper, where would we be without you continually offering up your own special interpretation of what we can all see for our selves. Why continually try to sway opinions? I think you have provided us all with the reason. Why not look in the mirror and repeat your own words. "Vultures who prey on the weak.  They certainly don't care who they hurt in the process."  ...more  
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