Healthier Choices Management (OTCMKTS:HCMC) stock is soaring higher on Monday as investors in the penny stock celebrate a new holiday for the shares.
The holiday is being spread around on social media by investors using the #HCMCDay hashtag. This has investors pushing for others to spend $100 on shares of the stock in an effort to squeeze out the shorts and send the stock higher.
Let’s take a look at what some HCMC stock investors have to say about #HCMCDay over on Twitter (NYSE:TWTR).
— WhyNotUs (@koowalsky_) May 3, 2021
Let’s get the job DONE today, #HCMCArmy
— King (@TradesDK) May 3, 2021
Still can't believe how affordable it is to invest in #HCMC a company with insane potential. I am in at 0.0001 but even at the current price 0.0024
50k = £87.17
100k = £174.34
500k = £871.73
1mil shares = £1743.52
Crazy, do your DD, don't miss out.#HCMCArmy #HCMCDAY #hcmcstock
— The Biz Guru (@TheBizGuru1) May 3, 2021
Today is not #HCMCDAY, but the START of #HCMCArmy taking a
stand✊✊🏿✊🏻✊🏽 to STOP "them" from controlling & making💰off OUR #investing, OUR HARD EARNED MONEY! Buy & #HOLD!
By NOT being pressured/forced to sell we are standing up against them ALL!
WE CONTROL OUR DESTINY! $pm pic.twitter.com/8BzEVNSyZQ
— 🚀🚀OTC💎BOSS🚀🚀 (@BizWrld) May 3, 2021
$HCMC This week Momentum/Catalysts
5/3 #HCMCDAY $100 Slap the ASK
5/5 HCMC Earning Report
5/6 Possible PR news/update from Jeff
5/7 FOMO/MOMO continue
If you think it will only run 1 day, you’re WRONG. Let’s make some miracles again #HCMCArmy 😉💎🤚🚀 https://t.co/CYarRPJmYH
— Retro1UP (@RetroGaming1UP) May 3, 2021
It’s worth pointing out that the hype around HCMC stock comes as the company prepares to release its earnings report this week. Those earnings will come out on Wednesday and investors are likely hoping to pump up the price of the stock before then.
Another thing for investors in HCMC stock to note is that the company is caught up in a legal battle right now. This has it targeting Philip Morris (NYSE:PM) in a legal dispute over one of its patents. PM is working to dismiss the case but no ruling has been made yet.
#HCMCDay has shares of the stock experiencing heavy trading today. That has more than 3.5 billion shares of the stock changing hands as of this writing. For some perspective, the stock’s daily average trading volume is 243 million shares.
HCMC stock was up 16.7% as of Monday morning.
Healthier Choices Management isn’t the only penny stock that has caught the attention of Reddit lately.
Several other penny stocks are also getting extra light shined on them. Among them are Helios and Matheson (OCTMKTS:HMNY), Electrameccanica Vehicles’ (NASDAQ:SOLO), and Citius Pharmaceuticals (NASDAQ:CTXR). Investors can find out more about these below.
More Reddit Penny Stocks
- HMNY Stock & 7 Other Reddit Penny Stocks Hoping for a Takeover
- Top Stocks 2021: If You Only Buy One Penny Stock, It Better Be Zomedica
- 5 Reddit Penny Stocks Seeing the Most Chatter
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article.
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