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Bullboard - Stock Discussion Forum CareCloud Inc CCLD

Alternate Symbol(s):  CCLDP

CareCloud, Inc. is a healthcare information technology company. The Company provides a suite of cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its segments include Healthcare IT and Medical Practice Management. Healthcare IT segment includes technology... see more

NDAQ:CCLD - Post Discussion

CareCloud Inc > MTBC may be even more
View:
Post by drbob512 on Aug 08, 2020 11:00pm

MTBC may be even more

interesting now that LVGO & TDOC are seeing people sell out of their shares due to the merger. While MTBC isnt a direct competitor, they could see moneys come into their stock from those 2. OTRK also could see same thing for their stick. Now MTBC had kinda bearish shooting star candle as the upper wick is quite long cuz HOD was 13.40 but closed @ 11.95. Which implies weakness the next session. When stocks are in strong uptrends though, they can quickly regain strength such that the top of the wick can be reached again in a few days, after consolidation. MTBC did attain blue sky breakout recently, very soon after my post here about blue sky. Jmho dyodd...
Comment by drbob512 on Aug 08, 2020 11:51pm
Correction: Dario Health (DRIO), not MTBC, could be a beneficiary of moneys leaving TDOC & LVGO, as could Ontrak (OTRK). MTBC is a healthcare information technology company that is unrelated to telehealth services other than it provides SaaS for medical/health entities. MTBC has made strategic moves, iirc some good acquisitions, and is really unknown despite good revenue growth. MTBC had a ...more  
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