The volume last Friday almost doubled the record volume of 7.43M shares form a month ago on April 16. Hims is depressed and trading @ 11.4X ttm sales. The stock should recover a couple of P/S full points LFMD, when short hit-piece corrected, is also depressed and trading @ 4.4X ttm sales. HIMS has an estimated 2021 growth rate of 35-40%. LFMD has an estimated 2021 growth rate of 155%.
And further dilution should be minimum according to the Mgmt. plans.
I have been reading all weekend everything related to the company's financial performance and it's becoming more evident that the LFMD growth story is very real. I think that most people that did some research over the weekend will agree with me.
The daily volume will remain substantial once the volatility subsides. 0.75 to 1.0M shares minimum per day, my estimate.
Institutional investment into LFMD has increased by 400% (5X) at least in the past month.
Any financial facility planned should become a lot easier with the latest & great Q report/guidance.
Finally, the law suit against Culper should reduce the short trading action. The recent financial performance and projections are very strong and makes it very risky for the shorts anyways.
I believe that tomorrow will be another strong bullish day. And this is JMHO.
GLTA tomorrow and the rest of the week.
Recent LFMD News
- LifeMD Announces Major Enhancements to its Weight Management Program, Expanding Patient Access to Branded GLP-1 Therapies and Introducing New Treatment Options • GlobeNewswire Inc. • 09/19/2024 12:00:00 PM
- LifeMD to Participate in Three Investor Conferences During September • GlobeNewswire Inc. • 08/26/2024 08:05:00 PM
- LifeMD Reports Second Quarter 2024 Results • GlobeNewswire Inc. • 08/07/2024 08:05:00 PM
- LifeMD to Report Second Quarter 2024 Financial Results on August 7 • GlobeNewswire Inc. • 07/30/2024 12:00:00 PM
- LifeMD to Participate in Two Investor Conferences During August • GlobeNewswire Inc. • 07/25/2024 12:00:00 PM
- LifeMD Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock • GlobeNewswire Inc. • 06/25/2024 08:05:00 PM
- LifeMD Launches Commercial Health Insurance Acceptance for its Primary Care Services, Including Weight Management • GlobeNewswire Inc. • 06/25/2024 12:00:00 PM
- LifeMD to Participate in the Truist Securities Healthcare Disruptors & Digital Health Summit • GlobeNewswire Inc. • 06/10/2024 12:00:00 PM
- LifeMD Set to Join the Russell 3000 Index • GlobeNewswire Inc. • 05/29/2024 12:00:00 PM
- LifeMD Reports First Quarter 2024 Results; Raises Full Year Revenue Guidance • GlobeNewswire Inc. • 05/08/2024 08:05:00 PM
- LifeMD Becomes the First Virtual Primary Care Provider to Elevate GLP-1 Patient Care with Real-time, At-Home Monitoring of Blood Pressure and Body Composition • GlobeNewswire Inc. • 05/02/2024 12:00:00 PM
- LifeMD Appoints Dr. Calum MacRae to its Board of Directors • GlobeNewswire Inc. • 04/29/2024 12:00:00 PM
- LifeMD to Report First Quarter 2024 Financial Results on May 8 • GlobeNewswire Inc. • 04/24/2024 12:00:00 PM
- LifeMD to Participate in Upcoming Investor and Industry Conferences During May • GlobeNewswire Inc. • 04/23/2024 12:00:00 PM
- LifeMD Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock • GlobeNewswire Inc. • 03/26/2024 12:00:00 PM
- LifeMD to Participate in the 23rd Annual Needham Virtual Healthcare Conference • GlobeNewswire Inc. • 03/25/2024 12:00:00 PM
- LifeMD Reports Fourth Quarter 2023 Results • GlobeNewswire Inc. • 03/11/2024 08:05:00 PM
- U.S. Index Futures Dip Ahead of Inflation Data and Oracle’s Earnings; Oil Prices Edge Higher • IH Market News • 03/11/2024 10:39:47 AM
- LifeMD to Report Fourth Quarter 2023 Financial Results on March 11 • GlobeNewswire Inc. • 02/26/2024 01:00:00 PM
- LifeMD to Participate in Upcoming Investor Conferences and Webinar • GlobeNewswire Inc. • 02/15/2024 01:00:00 PM
- LifeMD to Participate in the 11th Annual BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference • GlobeNewswire Inc. • 01/31/2024 01:00:00 PM
- Maxim Group LLC to Host the 2024 Healthcare IT Virtual Conference on Wednesday, January 24th & Thursday, January 25th at 9:00 A.M. ET • GlobeNewswire Inc. • 01/22/2024 09:15:00 PM
- LifeMD to Participate in the Maxim Group 2024 Healthcare IT Virtual Conference • GlobeNewswire Inc. • 01/18/2024 01:00:00 PM
- LifeMD Provides 2024 Financial Guidance • GlobeNewswire Inc. • 01/08/2024 01:00:00 PM
- WeightWatchers Stock Drops 12% After Eli Lilly Launches DTC Weight-Loss Drug Service • Dow Jones News • 01/04/2024 09:30:00 PM
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