Lower Rates Aren't Coming To The RescueIt's time for WELL and many other Canadian Companies to realize that falling interest rates aren't coming to the rescue. They need to find a way to become more efficient and reach profitability soon. The market is clearly telling them this. Until they start focusing seriously on profitability, WELL is only going to be a "Buy The Dip & Sell The Pop" Stock.
If they don't demonstrate that they have put a profitability plan into place with specifics by the March earnings release, this will have a $2 handle on it later in the spring.
Next Up: The March Earnings Run.