BMO
Bank of Montreal
stock NYSE

Canada, but my shares that aren't with Computershare are split between BMO and Wealthsimple.

**PRVA: The Healthcare Logistics Play**
**Background:** I have 10+ years in critical care and CNS prescribing. That's my edge on this one.
**The thesis:** PRVA connects prescribers, health plans, and pharmacies in real-time for specialty medications. It solves genuine operational friction in the CNS/specialty space. Scoreable quarterly signals will confirm or kill it.
**Three legs:**
**Attributed-lives growth:** Health plans integrating PRVA into payroll systems. Watch: Y/Y growth in Q3 earnings.
**MSSP cash:** Specialty pharmacies paying for platform coordination. Watch: MSSP ARR and collections in Q3.
**EBITDA margin expansion:** Unit economics improving as scale grows. Watch: Margin guidance and trajectory.
**Kill signals:**
Guidance cut
Margin abandonment
MSSP cash delayed
**Checkpoints:**
Q3 earnings (early November): Hold through
December earnings: Decide in advance: hold or exit before
Early January (\~45 DTE): Hard time stop
**Current:** Feb 2027 $22.50 calls, analysts (Truist, Citi, BMO, Piper) bullish. Thesis intact; next scorecard is Q3 10-Q.