LifeMD Inc (LFMD)

[Happy Investor]

I know it is an uncomfortable time. Short sellers are engaging in an illegal practice of selling 'naked shorts' with the assistance of certain corrupt B-D's. This is bound to change and probably soon. Bloomberg just reported that Institutions own more than 25% of float. Insiders own more than 35% o total shares and have bought a net of 335,000 shares in Q1 at prices from $17 to $22. I know my network and I and the former CEO still have almost 2 mm shares that are L-T. What this means is that legal shorts must be close to exhausted and the B-D's are bound to become uncomfortable with more 'naked shorting'. Back around 4 years ago when LFMD was still known as IMMD the stock price went from $.22 to $.94 in one dat during a short squeeze. This type of move could happen again and soon.

Despite the price decline, the company's fortunes are unchanged, if anything, enhanced. Several new add-on products and new line launches occurring now. PDF Simpli growing through the roof. Launch of Concierge Telemedicine platform next month. Rising subscriptions and falling sales and marketing costs. Currently 100 inbound telemarketing seats filled. The LFMD team has done it right and built a monster marketing enterprise with great and efficacious products.

Be savvy like the institutional investors. Add to positions and buckle up for the ride.