Viemed Healthcare Inc VMD

Understanding This Latest Trading Pattern

[Tropicalsun]

So gentleman and ladies if there are in fact any female posters for Viemed, this is where I can't help but get a little frustrated with the stock. My gut was asking the question as to why the SP was moving up so much, like many of you I thought forsure news was coming. I quickly reminded myself that Viemeds news wire has always been very slow to date, however the uptick in trading volume and price surely had to mean news of somekind right?

Admittly I grew more nervous each day that passed with no news to support the recent run in the stock price. Now some would say that VMD is still cheap at $12.75 CAD, some would say the recent rise is do to technical trading patterns, and combined business fundamentals. Recent analyst's reports have mentioned that a 30 million dollar acqusition could add $2.00 to the SP. We have no idea what, or if anything is in the works. It is certainly taking a long time to pull the trigger. 

Many believe that a VA contract will eventually get put in place, however that is yet to be seen. I believe the company is in stage two of the pilot process with the VA, which has been going on for quite sometime now. The Viemed staffing division seems quite interesting as a stand alone business, this is still quite new and I must admitt I don't know much about it. Perhaps LongTerm3 can shed more light on this business, numbers and future growth forecasts.

Scotty19, what say you on the technical side, how much really comes into play with this company at this time and current market conditions? I was expecting a quick rebound on the stock price, however volume has slowed and most buyers are not hitting the ask. GLTA.

[Moemoney42]

I'll go out on a limb and say we trade higher tomorrow.. today's action tested the ~$12.50 support level and ended only a few pennies from even... to me today was the final 3 day stop loss raid/tree shaking that was needed to grab some cheaper shares.. on good volume I might add..  IMO

[westcoastlogger]

I would say some people obcess and fuss to much about nothing around VMD. So the SP pulls back a bit. Big deal. Its called profit taking and stop losses getting hit. Remember the OIG debacle that some tossed and turned and lost months of sleep over and obcessed with dozens of different scenarios?? YAWN!! Relax folks. Everything is fine.

[Moemoney42]

Well I only missed it by one day.. although yesterday at one point we were in the green.. I'll take the win today though.. LOL.. ;-)

[Moemoney42]

That call is looking even better today..!!  ;-) Have a great weekend everyone.. hope you bought my call when I posted it..??

[Moemoney42]

Lovin that 5% bump this AM.. mike drop... hehehe..  ;-)

[Moemoney42]

Wow.. how about that $12.50 buy call of mine.. wish I could call them all that accurately.. LOL..!! AGAIN, Good luck to those that followed my buy alert..!! ;-) Hehehe..!

[Moemoney42]

Once that $15 level is broken I think we'll be off to new all time highs.. $16.21 here we come.. ;-)

[westcoastlogger]

Dont break your arm patting yourself on the back too much Moe. Most of us here have been long for several years on this stuff.

[Moemoney42]

LOL.. "most of us" would include me.. I've been here since the PHM days as well.. and just for the record I didn't see your buy call at $12.50.. you gotta admit I nailed it.. and no I don't take myself that seriously.. that's why I often post an LOL at the end of my posts..  But hey its all in good fun.. we're making Moe$$ aren't we..!

[Moemoney42]

Talk about patting yourself on the back..! LOL..Quote: westcoastloggeron Apr 19, 2023 "Nice day shaping up at VMD. Right now at .60 cents Im up 85,200.00 so far today."  "At up .72 cents so far today I just broke the 100 grand total so far on VMD."

[westcoastlogger]

Thats what happens when your dealing with a clown thats been calling you vulger names and a liar for years since you started buying long ago. I dont generally make day to day predictions on the stock but i have said recently this will be 30 bucks in 15 months.

[Moemoney42]

Ya Ok whatever.. I wasn't asking for "day to day predictions" just evidence of a good short term call (buy or sell, take your pick)..  so $30 in 15 months eh.. LOL.. so I'm assuming you have remortgaged your house and all your savings are in this stock if that's your call..? LOL.. 

[westcoastlogger]

Dont assume anything. Everything is bought and paid for years ago and I'm retired. Lets just say I'm not financially constrained. Just sold our logging companies in S America last year and I can say I did well. As far as the stock goes I'm 66 yrs old and have been playing in the markets for 45 years. Would have been broke long ago if I didnt know what I was doing.

[Moemoney42]

I'm not "assuming" anything! I'm retired as well with everything bought and paid for with money to play with.. my POINT is, if you believe you will have a 100+% return in 15 months (your call, not mine) you would have every last penny in this stock.  I hope  your call is right..? I too will make good coin at $30 but don't intend to brag about it..! But rest assured

[westcoastlogger]

Yes I see. We are sittting on 100% returns/yr as we speak and I made up my mind a couple years ago I had enough stock so no more buying here. So I'm giving it another few years and we will see what happens. A buyout may be a possibility also.

[besttobe]

 Moe...you are wasting your time with the Westcoaster braggard and liar. He doesn't even have a clue how many shares he has, nor the cost base or he is just playing stupid. He bought PHM when it was $2.00 or $40.00 per share in todays dollars given reverse splits. As you probably already know he is a hot head wantabe like Tropic...both up to their eyeballs in loses with short tempers

[westcoastlogger]

6 bucks for my QIPT shares. 2.40 for my VMD shares.Get over the $40.00 BS you clown.

[Moemoney42]

Oh so now you add to seperate companies together to get to your targets.. LOL.! What happened to your previous BS statement..? So you predict VMD will be $30 now you blab about a combined entity being $40.. no wonder no one takes you seriously.. LOL.. Quote: "I dont generally make day to day predictions on the stock but i have said recently this will be 30 bucks in 15 months."

[westcoastlogger]

Moe if you followed here all the time you would know I've always said PHM(VMD, QIPT) and I know they are seperate companies. I'm not lumping them together to get a combined price. I'm saying VMD will be 30 bucks shortly and I have said QIPT will be 18 and will catch VMD eventually. I'm patient and have the time and money to wait for my forecasts to materialize.

[westcoastlogger]

The 40.00 thing is more besttobe BS telling everyone that I paid 40 bucks for PHM. Dont be so quick to call me names either. He thinks anyone that is long here is a bagholder up to his eyeballs in losses. Including you.

[LongTerm3]

Viemed staffing is a seperate division but works with placing nurses at other companies like the VA, so it fits in perfectly. When I first looked them up on Likedin they had 8 people. Today they have 24 people which is 300% higher.  Staffing isn't costing Viemed extra money from a rent, electric, heat or office space view because they own the building.  The fact that they hired

[Tropicalsun]

Thanks for your thoughts on the Viemed staffing division, still a relitively new entity for the company, we should see a breakdown on quarterly results and conference calls. Based on the numbers, it does appear to be growing. Are you at all surprised that it is taking this long to make an acquisition, considering the two new hired guns that were brought on board to carry out this task? Same sort

[LongTerm3]

I'm not surprised it is taking this long to make an acquisition. I am actually happy.  Let me explain why. There stock is up so if they use shares they bought it for for half the price, because the stock doubled. I don't think they will use stock, I am just pointing this out. They have 90 million in cash borrowing power. The cost to buy a company came down in this enviorment. They

[Tropicalsun]

Interesting perspective LongTerm3, thanks for your comments. GLTA.

[JackLambert]

Very nice.  I can see a pattern - it's called SUCCESS !!!