Recent trend of following TDOCBefore you think I am a massive bull I am here as a MBCN shareholder. I dont plan on being a long term Doc holder as it tends to follow the market not just what is Doc doing.
The whole telehealth sector has been following Teladoc and subsequent declines since February with seldomly company news influencing SP.
Good news expect big things to happen today off a TDOC Motley Fool article. Just being sarcastic and hope people actually do their own DD instead of blindly following any type of articles or even analysts.
Hopefully (unless TDOC suddenly sky rockets) that trend will end soon and it can go back to the responding to what DOC does.
The new release with regards to sun-life, and mindbeacon have been good news. Instead of they are diluting and buying a company at a premium think of it as if this was done in February it would be a discount to the market price, and less of a platform designed. Past transactions are going through (cannot say anything about current lf future transactions) and Doc has been able to integrate without big operating cash losses like TDOC has.
Takes time to integrate but the last month has been excessive selling. Yesterday for example over 50% of shares traded on TSXV were done at above Mondays close.