RE:WELL - Wall Street posts biggest plunge in two years So now speedy is blaming the overall bear market for WELL's current share price. Thats rich coming from him. Who kept telling the board that the bear markets and interest rate hike is already priced in since January 2021 and WELL is such a unique company it will have no impact. Who kept telling every one to buy and keep buying since the share price collapsed. When I started suggesting the board to use stop losses around $8, you kept telling the board not to use any stop losses and hold even if the share price goes to $7, $6, $5, $4, $3 and even down to pennies. Such bad advise, how can some one take this seriously. It is all there in your post history. I can dig it up if you like, I got nothing but time. Lolol... I can easily tell you guys how this type of stock usually will play out but too many people will say I am bashing. Maybe once share price hit new lows, I will do a lengthy explanation of how these type of play really works. Really, it is not rocket science. Cheers.
speedy99 wrote: Granted, higher interest rates are not positive for stocks in general. Interest rates continue to be historically low despite recent developments in any event. The suggestion that we all need to panick and sell all our stocks because of interest rate hikes and an inevitable bear market is just bad advice. It will always be a good idea to remain invested in quality companies regardless of the macro environment for stocks which is largely unpredictable and therefore untradeable.
Oh and remember these great prediction by the great speedy, kept telling the board I am wrong. Lolol.
speedy99 wrote: I see $25.00 not only realistic, but almost inevitable given the numbers we have today.
speedy99 wrote: I do think this will be a good year for WELL investors and I will be surprised if we do not return to our all time highs in 2022.