Hi, welcome, This is Do-o-ri, Do your own Research.
Today, I am talking about CloudMD's stock suspended on stock market.
I've found CloudMD a few weeks ago and been kept tracking on it since.
But today, I was shocked by seeing this stock suspended intraday.
I was doing research on this matter, but
there are no specific reasons I could find.
 
 
 
 
So I've scraped some news here and there,
I will presumably talk about what might happen to CloudMD.
 
 
 
 
This is just my assumption. So please do your own research.
 
And if you have any info or correct answers, please share your info in my comment section.
During my research, I've found an another A.I. and Telemedicine base company, OnTrak.
Livongo and Teladoc have announced their merge a month ago.
And Google backed AmWell will join the battle ground of telehealth in a few weeks.
 
 
 
 
 
 
Among these gaints Ontrak and CloudMD are definitely small players.
 
 
CloudMD is a small company, market cap of around $130 million.
This is a micro-cap company.
 
So I might give it a try thinking that Ontrak and CloudMD
 
 
merger might be a good combination for expending their good market shares
among those dinosaurs.
CloudMD's been rallying tremendously recent month.
 
 
And another small cap company, OnTrak,
it's bigger than CloudMD, more than 10 times bigger,
market cap of $1.2 billion.
 
 
It is just a theory that Ontrak might acquire CloudMD
like Teladoc did to Livongo.
I think it's a good combination up against giants like Teladoc or AmWell.
Reason being is that OnTrak recently has a made few noticeable moves.
Six months ago this company's stock was being traded around $15.
Now it's little over $73 per share.
During those months they have changed
its ticker from CATS to OTRK, also changed name from Catasys to Ontrak.
And yesterday Ontrak
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
