Great idea - wait for another BS PR from the company and bank that the stock will climb based on what SIMH issues in a press release.
Reality check time - This is a sham company with more than $3million in debt, no inventory, no cash. At this point all they can do is issue press releases.
The facts are that according to SIMH, the CDC purchased $25k worth of thermometers to fight a potential epidemic. This does not mean that the CDC endorses or recommends SIMH. It does not mean that SIMH is the only company providing thermometers.
The stock price for this one is tricky because it could jump back to .20 or fall to .02 - IMO it completely depends on whether the pumpers can successfully make people think that this is a viable company that is positioned for growth.
Do the research - it is not a viable company, it is a penny stock. There are other companies offering no-touch thermometers. Based on the news reports it appears that the CDC is not leading a well coordinated effort to contain the outbreak. The CDC has not endorsed, recommended or even confirmed they made a purchase.
I still own 20K worth of shares of this company that I bought in at .10 . As noted, IMO I think this stock could surge or sink.
Happy Trading -
