Is Healthier Choices Management Corporation (HCMC) stock A Good Buy After The Fall?

This past Friday the Healthier Choices Management Corporation (OTCMKTS:HCMC) stock suffered from a bit of a selloff and ended up 6% in the red.

There was no fresh news about the company on Friday but it might be a good idea for companies to take a look at an announcement from Healthier Choices Management earlier on in the week. The company was issued a United States patent for its Electronic Vaporizer Cartridge with Encased Heat Source on July 20, 2021and it goes without saying that it was a significant milestone for c.

This particular patent is related to the unique technology from Healthier Choices Management by way of which the cartridge of a vaporizer is cased within non-reactive materials like quartz or ceramic among others.

If an individual uses such a cartridge then it is unlikely that there is going to be any adverse reaction with CBD oil or cannabis and other forms of e-liquids. The patent is going to allow Healthier Choices Management in pushing a product that can further strengthen the company’s initiative to promote healthier vaping. Although the stock tanked on Friday, it remains to be seen if it can actually mount a recovery on Monday.

Market Reaction:

On Friday, HCMC stock fell 6% at $0.0008 with more than 759.46 million shares, compared to its average volume of 290.31 million shares. The stock had moved within a range of $0.0008 – 0.0009 after opening the trade at $0.0009. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0065.

Related Posts

About The Author