long position sold to raise capital watching to retake another long position
poor planning, bought high and cut losses too late
Entry comments: steadily upgrading since mid march, low float 6.87M, 45% increase in quarterly revenue, good debt to earnings ratio. price per share undervalued. .50 off 52 week high. looking for breakout above 53 week high and continue to make new highs into the 10s into next week if can breakout and hold resistance as support.
Exit comments: .
Small profit due to play not really being bought up so took what I could instead of waiting. Telemedicine has been hot during coronavirus and TDOC has done well but this play hasn't received much action. Company did reiterate their guidance of 100mil this year but Q2 earnings could be tough like anyone else.
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