LifeMD Inc (LFMD)

[jefra1965]

Also, with all that after hour volume, the price never dropped below the closing price. The after hour trading remained bullish the whole time.

The volume last Friday almost doubled the record volume of 7.43M shares form a month ago on April 16. Hims is depressed and trading @ 11.4X ttm sales. The stock should recover a couple of P/S full points LFMD, when short hit-piece corrected, is also depressed and trading @ 4.4X ttm sales. HIMS has an estimated 2021 growth rate of 35-40%. LFMD has an estimated 2021 growth rate of 155%.

And further dilution should be minimum according to the Mgmt. plans.

I have been reading all weekend everything related to the company's financial performance and it's becoming more evident that the LFMD growth story is very real. I think that most people that did some research over the weekend will agree with me.

The daily volume will remain substantial once the volatility subsides. 0.75 to 1.0M shares minimum per day, my estimate.

Institutional investment into LFMD has increased by 400% (5X) at least in the past month.

Any financial facility planned should become a lot easier with the latest & great Q report/guidance.

Finally, the law suit against Culper should reduce the short trading action. The recent financial performance and projections are very strong and makes it very risky for the shorts anyways.

I believe that tomorrow will be another strong bullish day. And this is JMHO.

GLTA tomorrow and the rest of the week.