RE:RE:Stock May Be OversoldDisagree.
Cloudmd collected the cash in the best possible time. They got cash with the best possible SP price. Right after that we entered bear market, and small cap stocks crashed after immiteting Tesla future growth outlook. Simple as that.
They are forced on internal organisation and organic growth now, and all this SP punch might be good thing for them and for us as retail investors. I've always thoutht they had moved with acquisitions too fast. Obvious reason was to get a girl before someone else does. Now, they are in perfect position to get all acqusitions plugged in, with 60MM can only help.