why hcmc stock going down?

HCMC exploded into the public sphere in 2021 when retail investors, led by the social media message board, Reddit, started investing heavily into the stock. This page explores what the experts think about the price and the value it might reach over the next few years.

There are few stock forecasts or price targets available for HCMC. The company became briefly popular with investors looking to make a quick profit in 2021 and has not been able to sustain that interest.

What that means in practice is that there is no majority guidance and what targets there are tend to expect the price to stay relatively flat at around $0.0002 per share unless there are significant changes to the company’s business model and outlook.

We have used the best available information to source the price predictions on this page. HCMC is an unusual and unpredictable stock, however, so these forecasts are much less reliable than they would be with a more high profile company.

There are very few experts who have made a public forecast on the future of HCMC stock. As HCMC is a small, ‘meme’ stock that trades on a speculative exchange known as the ‘pink sheets’, it does not receive the same attention that companies who trade on the NYSE or NASDAQ do.

Most HCMC stock price forecasts are that the price moves between $0.0002 and $0.0003. There are a lot of shareholders who bought stock in early 2021 and still hold them, so the best case scenario involves a big share buyback from the company to stabilise the price and push it up above that channel.

Some analysts have the price at between $0.0003 and $0.0004 in 2023. The most bullish estimate is around $0.0007. This relies on it ending its legal struggle with Phillip Morris and perhaps participating in a share buyback to reduce the total number of shares available, and boost the price of those remaining.

The most optimistic Healthier Choices Management Corp stock price forecast puts the price above $0.001 by 2024. It is worth noting there may well have been significant changes to the company and its business model by then, so this is a speculative forecast.

There are no reputable long term predictions for HCMC stock. What information there is out there concerns a few months or the next year, there are no serious forecasts that look beyond 2023.

We have used the best available information to provide forecasts for 2024 and beyond but note that it is hard to predict into the future even for the biggest names. For HCMC you should be sceptical and focus on the short term unless there is a fundamental change.

What predictions there are for 2025 expect the price to still be around $0.0002. Some forecasts had the price as high as $0.005 within five years, but they were made during the stock’s bull run in 2021 and a lot has changed since then.

There are no predictions that look at where HCMC’s price will be in a decade. The best hope for investors looking to hit the 2021 highs of $0.001 is that there are some share buybacks and a fundamental improvement in the business outlook.

The best way to get your hands on HCMC stock is through an online broker. You can sign up and start investing in just a few minutes by clicking one of the links to our recommended platforms below.

The most important influence on the HCMC price is hype, particularly from social media platforms like Twitter and Reddit. As with any stock, however, there are a number of other factors at play as well and we’ve summarised the most important ones below.

HCMC has traded at fractions of a cent for a long time but it has been in steady decline since early 2021. It reached highs of $0.0018 in the midst of the GameStop, Wallstreetbets meme stock storm, but quickly fell away from those heights. It has traded below 0.0005 throughout 2022 and 2023.

You can learn more about the company by following our guide on how to buy HCMC or you can read the latest stock market news to help you decide when to invest. If you’re ready to buy shares right now, you can invest straight away by signing up to an online broker using the button below.

The HCMC stock forecast for 2022 and 2025 is provided. What hope for a bullish outcome is there for holders of this stock?

With HCMC, it is all about health and wellness. Its product base spans organic foods, vitamins and supplements, and chef-prepared, ready-to-eat meals. The flagship Greenleaf Grill is available in its in-store restaurant. A full-service grocery store in Fort Myers, Florida, serves natural fruit juice.

The company operates several Paradise Health and Nutrition locations in Florida and holds various patents that it warehouses within its intellectual property subsidiary company.

In December 2021, there was an HCMC stock news update regarding its court case with Philip Morris International over alleged patent infringements. The statement put out by the company typified the disappointment the situation has brought to investors and shareholders. The court denied HCMC’s motion to amend its complaint and dismissed the case.

The latest HCMC stock news on the matter comes from a Tweet which indicates that the company has been given a 2-week extension to file the opening briefs on its appeal.

It is not all doom and gloom, though, as HCMC has inked a licensing agreement for a Healthy Choice Wellness Center, which will be sited in the Casbah Spa & Salon, Fort Lauderdale, Florida.

One of the things going for those who want to invest in HCMC is that it is a stock that is already so down that users may probably not need to fear any fall. It is trading at rock bottom values and is the qualification of a true penny stock because it sells at 1/5000th of a dollar.

But therein also lies the risk. Such penny stocks listed in the Over-the-Counter market carry many downside risks. There is a lot of downside potential, and whenever there are upward moves, they hardly last. There is always the stock’s chance to keep falling until it becomes worthless.

Is HCMC a good investment? It has the potential of being a good investment if you buy the stock, forget you even own it and leave it in the cooler for several years. It can sometimes take that long for a penny stock to jerk back to life.

The HCMC stock forecast 2022 outlook is quite conservative and does not exceed the 0.001 price mark this year. Bullish momentum is lacking, and there is not much happening on the stock fundamentally speaking to grant it some uplift from the 0.0002 resistance.

The weekly chart, which shows the medium-term outlook for the stock, indicates that the 0.0002 support level remains under pressure, and there is a chance of a breakdown, which will send the stock below the 0.0001 price mark.

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On the flip side, a remarkable bounce off the 0.0002 price support could target 0.0005 in the first instance (7 September – 1 November 2021 lows). Even without recovering 2021’s highs, an upside move from the current level can deliver superb returns on the stock if the recovery is initiated. This in itself would represent a 150% bounce from current levels. Above this level, 0.007 and 0.001 could form additional targets to the north.

The HCMC stock forecast for 2025 does not provide for much improvement from the current price. There are several pointers to this.

The FY2021 results need to show vast improvement in these indices for the HCMC stock forecast to turn bullish. Otherwise, it is hard to see where demand will come from to push the price off its current levels.

HCMC is considered a highly risky buy at the moment. Yes, the price may appear cheap, but this is a penny stock being sold on the OTC market, and there is always the likelihood of the price falling further. However, the price appears to have found a bottom at the $0.002 support, but this does not equate to a potential for immediate reversal as bullish momentum is currently absent. Any positions taken now will be purely speculative, hoping for a quick spike towards the nearest resistance level on a Healthier Choices stock forecast.

HCMC is listed on the OTC market, an illiquid market with lesser regulation than the mainstream US markets. After completing the double top pattern, the stock is presently trading at $0.002. HCMC benefitted from the meme stock mania of 2021. But with this craze effectively done and dusted, HCMC has to pull on more robust fundamentals to deliver on any bullish stock forecasts.