RE:When I said CloudMD was overpriced at $2.70 I meant it.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 overnight either and investors are aware of that.