Premier Health of America Inc V.PHA

Suprised at the apathy

[colourama]

I am surprised at the people who a few days after the company just increased their (run rate)

- Revenue and EBITDA by about 40% per share, 
- Net income by about 100% per share,

by taking on a modest amount of debt at low interest,

decide to hand over their shares for something like 4x EBITDA.

This is a profitable healthtech company operating in Canada, in a non-cyclical business area, with substantial growth ahead. What are these people doing with their money that I am failing to see?

[Torontojay]

This must be the day traders that have no clue about the fundamentals. When a company gets stronger and the share price gets relatively cheaper there are not many other options other than to keep buying! 

[profitprophet1]

Yes, this is very strange. I am very tempted to add more but I'm already pretty heavy with this name for a such a small cap. All the same it seems unlikely I'd regret adding more. Hem. Haw. Good luck to all.

[MrBeast]

Agreed, I am already heavy on PHA but this just seems like to good of a deal to turn down, and I'm in it for the long haul. I'm thinking this might be some day traders as well.

[colourama]

Day trading with a modestly illiquid stock like PHA seems like a fool's game to me, but day trading in general I cannot understand - it is mathematically practically impossible to produce returns greater than the market over the medium to long term and more than likely leads to significant losses. Everyone wishes of course to be the exception to the rule. It also seems perhaps that few are