Some practical adviceI keep seeing a lot of nervousness on DOC day to day. When stocks dont go straight up, folks panic and get easily frustrated. DOC's behavior isnt new to an early growth stock profile....not at all!
What I suggest for folks is, dig into their story. Go to r/cloudmd on Reddit, go to the company website/download the management presentation/investors page....read the financial reports and all of the Press Releases...slowly!
Dr Hamza has NOT ONCE, lied about his vision, game plan and steps along the road.....importantly. his vision and plan didnt have to pivot for COVID19. What they have done and are doing was always the plan....
Last: take some time to really reflect on todays Blue Cross news....Blue Cross Blue Shield arent just a Canadian Insurer that DOC has picked up, theyre one of the worlds largest insurers. In America alone they have over 106 million insured customers....whats that, 3x Canada's population?........this deal is a beginning of proving then replicating like gremlins across a massive client landscape. It isnt gamestop but for "investors" it will prove to be a fantastic opportunity if you give mgmt time.
the Stockmarket is the best example of democracy, if you dont want to be in a stock, you can sell...GLTA!