RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I have nothing to say anymoreI agree. The last thing we want is a management who caters to the short-term movements of the share price and the momentum crowd. This is one of the dangers of taking a company public, that you are judged by the movements in share price quarter to quarter rather than on the long term best interests of the company. I am quite happy that WELL has moved into the lucrative U.S. market in such a substantial way, and if they did so at the cost of some short term stats that displeased short term traders I am quite happy about that.
So today we are at another 52 week low in our share price, and probably the downward pressure will continue until the last day of tax loss selling. Some people are clammoring for the CEO to do something to bring the share price out of its downward slide. Even if that were possible, (and I do not see how it is given all the good news that was ignored by market with 3rd quarter) I would not want the CEO to be catering to this nonsense. I want him to keep his eye on the ball and focus on our long term interests.
The list that I want to be on will appear in or about 2032 and will be the greatest percentage increase over the past ten years.
This short term momentum crowd would have sold AMZN years ago when its share price was losing a few percentage points, because, you know, the market is always right, don't argue with the tape, etc.