Healthier Choices Management Corp (OTCMKTS:HCMC) Stock Sees Buying Interest At Lower Level
It was a pretty difficult time for Healthier Choices Management Corp (OTCMKTS:HCMC) as its patent infringement case against tobacco giant Phillip Morris USA was dismissed by the court.
The District Court for the Northern District of Georgia granted Phillip Morris USA’s motion to dismiss the patent infringement case and it came as a severe body blow to Healthier Choices Management. While the stock dropped after the announcement, the situation has changed for the company this week.
The Healthier Choices Management stock has gone off the blocks fairly strongly this morning and has managed to clock gains of as much as 23% already. In this sort of situation, it may be necessary for investors to take a closer look at the decision from the court last week.
At the time it was announced that Healthier Choices Management had fourteen days within which it could file another complaint but after suitable amendments. The company had already announced last week that it was going to file an amended complaint. Over the past months, there had been considerable focus on this patent infringement lawsuit among investors.
There had also been considerable internet chatter about the possibility of a large settlement and such speculation had also resulted in the Healthier Choices Management stock making considerable gains. It is unclear why the stock has rallied this morning but it could be a good idea for investors to keep an eye on the stock and also on the news wires with regards to any specific news.
Net Savings Link Inc (OTCMKTS:NSAV) Stock Sees Continuous Buying Buzz: What’s Up?
In recent times, the interest in blockchain and cryptocurrency companies has grown at a remarkable rate primarily due to the rise in the popularity of cryptocurrencies. One of the companies to have come into focus among many investors in recent times is Net Savings Link Inc (OTCMKTS:NSAV). This past week the stock was in considerable focus among investors as well and delivered handsome gains.
Last week, the Net Savings stock delivery gains as much as 110%, and on Friday alone, it recorded a single-day rise of 40%. The rally in the stock had possibly been triggered by the announcement from the blockchain and digital asset Technology Company with regards to its cryptocurrency exchange on July 26. The company announced that it was on track to launch the exchange on August 9, 2021.
In addition to that, the company also announced that Yuen Wong, Net Savings Link director and managing partner of the crypto exchange Bitmart will also provide a video address to the shareholders of the company this week.
At this particular address, Wong is going to provide the shareholders’ details about the status with regard to the development of the exchange. In this regard, investors also need to note the upcoming exchange is also going to carry the Net Savings name. It is one of the more ambitious projects for the company and potentially highly lucrative. With the launch of its own exchange, Net Savings is going to enter the crypto exchange industry that is worth as much as $2 trillion at this point.