RE:I genuinely appreciate all opinions..Here is my opinion because there is always 2 side to every story. Just sharing my thoughts. If you don't like it, STOP RIGHT HERE and don't read ahead. I am not here to attack anyone.
1. Li Ka Shing bought his shares way back and majority of them were under $0.50 cents and $0.30 cents. He has since retired and handed his fund to his underlings a few years back. They have done a few more PP but at a much higher prices and I am sure those were done by his underlings not the Man himself. And I definitely did take notice, Li Ka Shing was the main reason I got into WELL in 2019 and 2020 but that was almost 3 years ago. And I am glad my stop losses got me out and this is the main reason I am hated here by the pumpers.
2. Revenues were all bought. And the accounting and reporting model they are using are just too fancy for me.
3. The analyst have been completely wrong for the last 2 years in a row. From average share price of $15. After 2 years they have revised the average downt to $6 or so. Most of the analyst touting WELL are their own sponsored analyst.
4. Agree, Health care definitely have a lot of room to grow and improvements that needs to be done.
5. The CEO is absolutely a good salesman. He was smart selling TIO to Paypal. Because after he sold TIO, Paypal had to scap the whole operation because they discoved all kinds of data breaches and security flaws in TIO and also got sued as a result. After TIO, look at the other companies the CEO was involved with, they would be considered as massive failures. BBTV and HIRE. Both are at all time low and illiquid with non existence volume meaning all the investors got burned bad and are stuck holding the bag.
Lastly. The last point I agree with you. The risk is much smaller and the odds are much better buying at these levels. Unlike the treeplanter who averaged all the way down from $8. I have always said I think the bottom is around $2 - $2.50. But honestly there are much better plays and investment out there at this time compared to WELL. But no risk no rewards. If anyone wants to buy make sure to average UP not DOWN like the treeplanter. Example buy at up levels at $3, $4, $5, $6, $7, $8 etc. The exact opposite of what the treeplanter did, he bought at down levels at $8, $7, $6, $5, $4, $3.
Anyways, the biggest red flag for me in my opinion is. The CEO, COO and management selling most of their holdings at rock bottom prices. It just shows that they don't have much confidence going forward. If they really believed the company was easily worth $10, $20, $40 like some here wants you to believe in a year or 2, why would all the insiders be so eager to sell at new lows around $3 and under. Always follow the money.
Best of luck to you and everyone. Once again just my opinion and I could always be wrong but still batting 1000%. WHERE IS THE SHARE PRICE TRADING NOW. $3.20 range exactly like I predicted when I adviced the traders to lock in those profits at $3.70 cents tuesday morning. Let me guess the clowns are going to tell me again I only make predictions after the facts. Lololololol.
p.s. I am not here to attack anyone. Forgot to mention, except noTurd the treeplanter. I keep trying to help this kid but he rather attack me every single time. Stop mentioning my name and I won't even bother. Would have saved himself so much money and sleepless night if he was just smart enough to listen and absorb some of the genuine advice people are posting. Not everyone is out to get you and I really hope noTurd learns this. Lolololol.