RE:trading activityYou're excused for rambling speedy99! There is plenty to be excited about! The days of sub - $10 shares are very limited and running out in my opinion, and although I've not purchased at higher than $5, I think I might have no choice right now at these levels. Short term, mid term, and long term is all aligned right now! Cheers to all!
speedy99 wrote:
Including today seven of last ten trading days have been up days for WELL. And the end of the day pattern has been striking. Someone mentioned this as a bullish signal. I agree and it reminds me of the early days of QE following the 2009 market crash where it seemed that the government and others wanted people to have confidence in the stock market, and so you would see runups at the end of the day, such as we are seeing with WELL. Maybe its the buy back of its own shares in operation. I don't know how quickly we find out when shares are bought back, but I imagine it will be sometime after the fact. The main thing these days I want to see is volume, so any day when we are over a million shares traded, that's a good day in my books. Because when people are actually paying attention to us, and study the company and stock, the inevitable direction is up. The CEO says that the second quarter numbers are going to be blowout calibre, and if we have to wait till August for a big bump that's fine. There will be lots of news in the meantime given all the divisions operating, and with ongoing takeovers being conducted not only by WELL but by CRH that continues its acquisitions, now with an enhanced credit facility of 300 mill. Sorry for the rambling post...lots to get excited about here.