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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 > When I said CloudMD was overpriced at $2.70 I meant it.
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Post by DOCInvestor on Dec 02, 2020 1:05pm

When I said CloudMD was overpriced at $2.70 I meant it.

Sorry, if you are looking for the "my God look how low the market cap is compared to earnings" play go to Skylight Health (formerly CBII insights), which is basically CloudMD at 75 cents. 

This stock deserved to be punished for its insane swings and now will have to rely on further steady growth of actual earnings instead of speculation.

You'd hope at least.
Comment by tricHOMEs on Dec 02, 2020 1:28pm
Covid gave it a good jump start and brought in funding/investors. A healthy pullback is necessary to bring in more speculators but more importantly, investors looking to get in at a good price. Either way, healthcare delivery is due for a transformation. Covid helped expose a problem that telehealth can solve. It's a massive industry and we are barely scratching the surface. It won't take ...more  
Comment by Junehyper on Dec 02, 2020 1:42pm
This post has been removed in accordance with Community Policy
Comment by tricHOMEs on Dec 02, 2020 2:34pm
Latest support is at $2.40 and we've seen it taken down a few times. But we've also been challenged with all the vaccine news so I see it as a temporary resistance. There's no reason to be concerned of the short term swings. We should be more focused on downloading the app and getting friends and family to take advantage on this solution. I am lucky enough to be averaged at $.805 but ...more  
Comment by DOCInvestor on Dec 05, 2020 1:22pm
And...Skylight Health Group (SHG) promptly went up 40% in two days.  It still has far more upside than CloudMD if you are looking for that immediate growth play (but that growth cap has shrunk by about half now, risk/reward not as compelling).  For anyone sweating the CloudMD downturn don't. Any dip below $1.90 is like Suncor dipping below $15.00 a few weeks ago...such a no brainer ...more  
Comment by tankumo on Dec 05, 2020 1:27pm
I have a ton of DOC but looking to add CBDT if it goes down.  It had a huge upside on Friday.
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