I'm out - good luck everyoneI turned sceptical about DOC when Shoppers made the decision to go with Maple in BC. And then Rexall also went with someone else.
My sense is that although this will be a huge area, it is easy for competitors to get into it. One of our kids was sick a few weeks ago and we needed a dial-a-doctor. There are tons of "places" you can go. I had an appointment with Appletree for 15 minutes later. CloudMD was for the next morning. But my wife got a doctor on the phone even before the Appletree appointment time.
If CloudMD had landed Shoppers that would have given it a tangible advantage over competitors in terms of name recognition and free advertising. But without Shoppers?
Dumb luck for me that I was able to come out modestly ahead. I lost $$ on the common shares after they dipped a few weeks ago but I had quite a few warrants that I was despairing of ever being able to sell and then all of a sudden they went for their moonshot over the past week. Whoever was buying them at 30 cents today, well, I wish them well. It may be that I've got it all wrong.