RE:RE:RE:Cathie WoodWhen she belives in a company she buys on every dip. She says their investment cycle is 3-5 years. Now, no need to point out that her decisions are based on thorough research. When comes to DOC, it's in a booming sector, but as a company it's a speculative buy. Rolling acquisitions are often tricky, and often don't finish very well. Again, hugh advantage of DOC is that is in the booming sector. Acquisition with so much deluting shares asures you that stocks are not going up any time soon. They are truly rolling and buying businesses too fast in my opinion.
Last Q announcemnt DOC fell 20-30%, and Dr.Hamza, basically says he does't give sh.. and they are building large sustainable business.
Problem here is that leadership has very small stock percentage in the company, and it's impossible to have bigger cake as their acuqisitions are based on issuing new shares.
The other thing, it's quite arogant statment that he does not care about daily stock movement as they acquire new clinics and issue new chunk of shares very related to SP averages.
I'm just speculating here and trying to make sense and anybody that doubts the company has right to do so. I wish Hamza comes back and talks more about the future plans... I'm getting lost in the story about mental health, than enterprise deals for health care insurance and than downplaying tele care.
In the past, I was lucky to avoid disaster with Home Patient and Convalo(not so) rolling acquisitions. But, this was different as CEO turned to be crook, and the companies got wiped out. But, their acquisition rate was as fast if not faster than DOC. Anyhow, I wouldn't put them in the same basket.