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Bullboard - Stock Discussion Forum Skylight Health Group Inc SLHGF

Skylight Health Group Inc. is a Canada-based healthcare services and technology company. The Company operates a Florida-based primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for... see more

GREY:SLHGF - Post Discussion

Skylight Health Group Inc > Buy low, sell high!
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Post by ProfPennyPinch on Mar 03, 2021 1:30pm

Buy low, sell high!

Skylight is on sale today, the stock is down 4% to $1.45. Looks like some short/midterm profit taking as the stock has had a monstrous 700% run over the past 6 months. If the stock dips below $1.40 I will increase my position and hold! In my opinion, SHG is worth $2+
Comment by Eppy on Mar 03, 2021 3:04pm
I am starting to think that this might be a conserted effort to lower the current share price in order to justify a consolidation closer to 5:1 thereybe reducing the number of outstanding shares. Dont get me wrong, I am in this for the long haul. Having said that, I am of the opinion that any consolidation is not good news for the small investor.  In theory one could could go from owning 2000 ...more  
Comment by Finallytherock on Mar 03, 2021 3:45pm
Relax. The markets are getting crushed. Other comparable companies like WELL and DOCRF have been hit too. This is not just isolated to shgff. As for the reverse split, people are making such a bigger deal out of it than it needs to be, If they were doing a reverse split because the stock tanked and they needed to be in compliance, then yes, that's not good. But if it's to uplist to a ...more  
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