CloudMD Software & Services Inc V.DOC

I'm out - good luck everyone

[mrmoribund]

I 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.

[MB11111]

Thx for sharing.  Have to agree this is a more and more competitive sector.  Next quarter results will answer how they cope against competitors. For the record, Appletree uses Tia Health as a telehealth platform...which is 33% owned by WELL

[MB11111]

should have added...Rexal is with Tia Health as well

[Polek1here]

Yesterday DOC broke resistance of .88 on 6 Mil shares (TSX + OTC). Today 5 Mil shares traded and DOC closed above former resistance of .88 which because of a huge volume has become  solid technical support. Let's face it - over 10% of total number of shares traded above support. DOC may retreat a little (like 2-4 cents) but barring some really bad news it should stay above support and

[ThunderLips1]

None of this will matter short term. This sector will fly on speculation as it is fairly new and big money will be start buying shares in any company that has a presence in the sector. We will also see plenty of m and a and there is always the big guys who will have to overpay if they want to be the sector leader. It's going to be like the MJ sector was to start but with more respectable

[HammyG]

You do realize Maple and Babylon are just apps right? CloudMD and even WELL are do much more than that. Cloudmd is a patient centric system that encompasses all forms of healthcare connecting you to your doctor, pharmacist, therapists to give a complete circle of care all in one place.

[TheHunt]

Everyone has the right to sell or buy, but your reasoning is off by a mile   CloudMD has an exclusive agreement with Save On Foods for BC, thus they did not do another contract with someone else. Did you bother going to Shoppers and see where Maple is placed? I did and guess what I asked 5 Shoppers stores around my area in BC and they do not have it. When I asked why, most stores did not know

[tankumo]

I hope CloudMD does more deals like Save on Food deals in the US, and also all around the world. I see it is not just a North American company, but eventually a global company. Just me, I am not selling my stock.

[mrmoribund]

Interesting. I'll consider what you say here. One of the problems I had here was that I don't live anywhere near Vancouver. I very much wanted to do the pharmacy tour but didn't consider it worth it to come all the way from Toronto.

[DOCInvestor]

This post makes absolutely no sense. DOC went public in June. Shoppers choosing Maple happened in March. So if this was the deciding factor for you turning skeptical, why did you buy into it in the first place?  And even if you were somehow part of the initial underwriting, that underwriting still happened in May. So something doesn't add up.  Of course, it sounds like you were

[tom711]

doc trades on the cse since 2018.

[tankumo]

Some people put out negative words to urge people to sell, to make stock go down, so they can buy at lower price.