RE:CPI, interest rates, cooling consumer priced goods Just how dumb is this kid. Stock dropped from $9.88 to $2.73 to $3.12 now. Did the stock price not get crushed like everything else by inflation, interest rate. What a clown. No one ever said the company will be crushed, everyone said the share price will get crushed and it DID. As a matter of fact we all said to be patient and wait for the rate hike to play out and don't get caught in the selloff. Too bad noTurd always like to lie to paint his own narrative. Lolololol. This kid is just hopeless. The only thing holding up the share price is the red hot markets. One red day on the TSX and you will see WELL drop 5%+.
Anyways, there is always a positive and a negative. The positive is the interest rate hike did its job and got inflation to cool down. Now the negative, the high cost of borrowing are going to cut corporate and individual spending. Now we will start seeing less demands and more layoffs as we head into a recession in early 2023. It really is not rocket science, that is why I always encourage people to trade and take advantage of this volatility. Go look outside of WELL, some of the cannabis stocks are up 100% in this recent market bounce. Now watch noTurd come up with another nonsense theory. Lololololol. Cheers.