Viemed Healthcare Inc VMD

Over sold

[beancounter11]

We are oversold based on an RSI basis. I am not a technical expert, but hold a core position and add to it when RSI gets very low.  I have a bid in right now and we are getting close to it, we will see better days and for VMD to be down so much doesn't make any sense. 

I understand the phantom share issue, but show me a company that management is not overpaid.  The structure of the plan could change to stock options and will not have the fluctuations in earnings, however don't be fooled managemnt is still going to look out forthemselves first.

I am not as keen on an acquisitions as per managements reasons not to do so in the past.  They said that buying another company for 1 year of revenue doesn't make sense.  Customers would all be dead basically in 12 months.  Maybe the thoguht is now they are buying ongoing referrals through an established  RT network?  This would make some sense as it is getting harder to add RT's to grow at the same pace.  Thoughts?

[esifor]

I am wondering why with no news, VMD is down around 6% while the rest of NASDAQ is down by 1.5~2% today. It is out of character. PTQ said they will be listing in NASDAQ, so I am wondering if the investment in this particular area sees potentially more options. Or if there is some insider news that we are not aware of. Or maybe an instituition is pulling out, but they are not doing a good job of

[checkup]

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[EStreet]

Try down 30 % in 4 weeks while the rest of the market was making all time record highs, my experiance has been that these small cap moves to the Nasdaq are not all they are taughted up to be,,. Should see support in the high nines, just above our 52 week low,,!!

[donmayne]

esifor: I agree that if it is an institution selling, then they did a poor job.  Some institutional investors will negotiate a price with another institution to sell (or buy) a holding.  But sometimes, they just have instructions to dump the shares and cannot be bothered. We will see the institutional holdings (as of Mar 31) next week with the quarterly filings.  I would not be

[donmayne]

Agreed beancounter.  I also follow the RSI and it suggests we are oversold.  It being a thinly traded stock, it is difficult for institutions to enter and exit.  It appears like one is exiting at the moment and it pushes the RSI down to about 25.  The problem with RSI is that many institutions have learned to sell off just before it reaches an overbought level.   The

[LongTerm3]

I think they mentioned on the call, that they wanted a company with a HR department. That means it would probably be established, and has its own way of getting new clients.

[donmayne]

I imagine HR is a big issue. Viemed is expanding at such a fast pace.  Currently VieMed has 115 postings on their website.  By this time next year, we might see 75 additional employees. It is tough times post pandemic finding new employees.