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Viemed Healthcare Inc VMD

Viemed Healthcare, Inc. through its subsidiaries, is a provider of home medical equipment (HME) and post-acute respiratory healthcare services in the United States. The Company’s service offerings are focused on effective in-home treatment with clinical practitioners providing therapy and counselling to patients in their homes using cutting edge technologies. The Company’s products and services include Home Medical Equipment, In-home sleep testing, and Healthcare staffing. Home Medical Equipment provides respiratory and other home medical equipment, including home ventilation, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) devices, percussion vests, and other medical equipment. In-home sleep testing provides in home sleep apnea testing services. Healthcare staffing provides healthcare staffing and recruitment services. The Company provides home medical equipment services through its interest in East Alabama HomeMed, LLC (HomeMed).


NDAQ:VMD - Post by User

Bullboard Posts
Post by MBAon Feb 23, 2019 11:32am
160 Views
Post# 29403908

The Trend Is Becoming Our Friend Again

The Trend Is Becoming Our Friend AgainIf you look at the one year chart, you can see VMD is regaining investor confidence, investor sentiment is slowly changing to becoming more positive and the longer term trend is again UPWARD (which doesn't mean every day and will include consolidation periods like we are experiencing around $5.90 to $6). We are now 3 months past the big drop off in price. We have a good Q4 announcement along with year end numbers (39% growth) and are 2 months into Q1 2019. Some institutions likely waiting to hear what management has to say on the conference call and as more clarity is provided, I suspect the upward trend will simply continue. The big drop got rid of institutions using stop losses but it didn't get rid of Stone Castle, Keystone Financial and BT Global Growth - all of these guys are long term investors now day to day traders.
Bullboard Posts