GOOG makes more money in healthcare advertising than WBMD by a mile. Every media planner maximizes their GOOG budget out of the box without thinking and THEN decides what to spend at WBMD, EVDY and other health media websites. The catalysts you speak about with WBMD could take years and years to achieve, if at all. The risk / reward here makes no sense, nor does the valuation. Enjoy.
No catalyst here. No real growth. Simply put - way too many better place to put my money vs. having it stall out here. Every payor is near a 52 week high. Healthcare leader GOOG is a buy. Even FB will have healthcare related ad revenue that trumps WBMD soon. I think if you want to stay in health media EVDY is a better buy - its dirt cheap and at least is a legit takeout play.
Adios everyone. I hope growth returns - or at least the vision you want is realized before 2050!
When does lockup expire? Are you saying insiders hold nearly 70M shares that will "unlock"? Where did you get this information so I can confirm?
This is classic WBMD. Too bad they are not nearly as good at running the company and producing growth as they are manipulating their shares and bullying their shareholders. I would love to see a squeeze to nail them all!
Stock manipulation is the only reason to every invest in a Wygod company. He has a long history of litigation - including WBMD.
WBMD has a beat and raise quarter. I suspect that a rising tide lifts all boats and EVDY will follow suit. Stock should break out to near $18 - good time to get in, I think.
Boring earnings report. No catalyst to move the stock other than a short squeeze, which is not a real move but just a garbage one. Company tried to put a floor on the stock with the buyback. Dead money until next report - dont see any acquisitions coming that will move the needle, and nobody wants to buy such a specific media company. Trading in EVDY is a much better way to make $$ and the stock has recently gone on a nose dive. If WBMD had a beat and raise surely they will too.
The only consistent thing WebMD has done is use cash to buy back stock. No real growth, no acquisitions - just buying it all back. My guess is going private.
Hi Volume as a result of a short squeeze. When a stock rockets up such a high % with no news and a huge short float even a blind man can see the reason. WBMD has a history or poor management, entrenched with an arrogance that most ad buyers found distasteful. Their arrogance is the sole reason a company like EVDY even exists - they are just the WebMD alternative.
If they have won the new business the stock remains in the low $50's - because it is already very expensive. If they didnt win the new business, the stock goes back to the high $30's, where it would be more fairly valued. On no news, only a short squeeze on low volume drove up the stock. Earnings decide where it goes from there.
I have not very well swing trading WBMD up and down, up and down. But the difference between us, besides age, is that only one of us understands WBMD, its business, its competitors, etc. But please, more 500 word posts on the world of WBMD circa 2020....
I love your tactics of distraction. You say something that makes no sense, and then instead of backing it up by answering the question you choose to distract by calling names.
Look, I get it. You are an old dude who only understand the macro trend of healthcare benefitting from technology. Everyone understands that trend. But until you understand WBMD, and more importantly any of the potential "acquirers" that you mention I think the best you can do is stay quiet and continue to thank the heavens that this stock, on no news or fundamental changes to its business model, has run from $22 to $50. Leave the real thinking to others who understand it, and at a minimum can articulate it.
Oh, and for the record - GOOG does not own, nor has it ever owned, nor will it ever own content. For many, many, obvious reasons.