RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Here it goesBudFoxx2020 wrote: A big sell off in a stock usually means big money is dumping. It is that simple. monty just proved my point, that some people will refuse to see any other scenario. I only have my experience to base my theory on. I have seen it all, I have seen this type of pattern and poster like monty many times with other stocks. example Tilray, stock has lost -90% from high, there are still poster that see absolutely nothing wrong and believe nothing has changed, even when you try to tell them what is wrong. It is nothing new to me but I have learned my lesson on how to spot and avoid such scenarios. Share price just hit another new lows today and right on cue, monty "nothing has changed, absolutely nothing." Lol. Lets just agree to disagree.
Bud - you're hyper focused on the daily share price and the technicals and I am focused on the underlying business. we will have to agree to disagree. you can say you've seen the pattern, that's good for you, but stocks go up and down all the time. especially small cap growth stocks like WELL. you have to have the balls to hold through major downturns in share price if you see the long term value. my opinion and experience.
when I say nothing is wrong or nothing has changed, it's in reference to the underlying business. there have been no bad press releases, no bad financial results, and no major industry changes that I am aware of. the difference between WELL and Tilray is the fundamental underlying business. WELL is firing on all cylinders financially. there hasn't been a misstep yet. Tilray on the other hand is operating in a very new landscape with many, many competitors. I don't know their financial situation but the entire cannabis stock segment was bid up based on prospects and projections only. WELL is cashflow positive, Tilray doesn't appear to be. big difference.