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CloudMD Software & Services Inc V.DOC

Alternate Symbol(s):  DOCRF

CloudMD Software & Services Inc. is a healthcare service provider. The Company operates through two divisions: Health and Wellness Services (HWS) and Health and Productivity Solutions (HPS). HWS operates through two models: subscription-based pricing using a price per member per month with an average contractual term of three years; and a per-case billing model at an agreed-upon rate for services that are used in disability management, occupational health, and other employer services. HPS division offers health and productivity tools intended to create a better experience for those needing healthcare. The Company’s workplace health and wellbeing solution, Kii, supports members and their families with a personalized and connected healthcare experience across mental, physical and occupational health. Kii delivers superior clinical health outcomes, consistent high engagement, and measurable ROI for payers such as employers, educational institutions, associations, governments and insurers.


TSXV:DOC - Post by User

Comment by tankumoon Dec 05, 2020 1:17pm
261 Views
Post# 32044122

RE:RE:RE:RE:RE:RE:Investor Relations at DOC received this afternoon:

RE:RE:RE:RE:RE:RE:Investor Relations at DOC received this afternoon:If you watch the interview the CEO has said they have $60 million cash and ready to make more meaningful acquisitions.  Conaccord has $3.25 target and we are in a healthy correction now. 

I bought at 0.5, 0.7, 2.4, and I actually hope if will go down more so I can buy more.

When you bought at 2.8, did you go all in?

Usually what we do is to buy a small chunk first, if it goes down, buy a second chunk, a bigger chunk.  And if it goes down more we buy even more.  That's called pyramiding, you are buying the biggest chunk at the bottom.

Really, no one is able to time it perfectly, that's why we can't go all in at a certain price and wish that is the bottom.

I am holding this for a few years so I don't sweat if it goes down.  If it goes down to 0.5 I will be jumping up and down.

Only my opinion of course.
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