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Bullboard - Stock Discussion Forum 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... see more

TSXV:DOC - Post Discussion

CloudMD Software & Services Inc > $1.38 does that mean this stock will fall to that amt
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Post by BrankoInvests on Sep 02, 2020 10:18am

$1.38 does that mean this stock will fall to that amt

$1.38 does that mean this stock will fall to that amt SINCE 13 MILLION SHARES ARE BEING SOLD at that price ?
Comment by Capitulation on Sep 02, 2020 10:22am
First day hey?  No ..these will not settle for 3 weeks... buy 100,000 at $1.50 bro!
Comment by LatAmBull on Sep 02, 2020 10:51am
No! It means those investors (most likely institutional or HNW) think the business is worth MORE than $1.38. This should be validation of the business and it should actually trade up. The company will also be able to expedite their growth plans due to better access to capital. As well, given the Company's more robust capital structure, there is a lot less risk. I like this deal - I feel like ...more  
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