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Bullboard - Stock Discussion Forum WELL Health Technologies Corp T.WELL

Alternate Symbol(s):  T.WELL.DB | WHTCF

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

TSX:WELL - Post Discussion

WELL Health Technologies Corp > Market Sentiments...
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Post by BudFoxx2020 on Dec 02, 2021 9:20am

Market Sentiments...

Not about WELL, just my point of view in general about the markets.  We are in the beginning stage of a BEAR market.  Yesterday DOW reversed a 400 points gain to close down 450 points, a swing of 850+ to the downside.  Every single ticker I was following was red with huge volume.  The smart money was dumping everything at the bid, they know, which tells me an interest rate hike is imminent along with tapering.  Anyways, my point is be careful and protect your gains if anyone still have them in any investment.  We were in a 12 year bull market, it will only take weeks or months to wipe everything out.  Like I keep saying, the markets are not the same as the 90s, we are in the internet age where the markets just moves too fast.  Don't be that fool that rides the BEAR market all the way down, then have to wait 10 years just to break EVEN.  This is 99% of the people that invest in the stock markets.  Hyper inflation, Omicron, China's housing collapse, new lockdown, Feds tapering, interest rate, etc.   The MARKETS are always right.  All the signals are there telling you and warning you.  Yet people can not see it until its too late.  There is not bottom in a bear market, everything gets slaughtered.  Anyways, I hate to sound so negative but I always call it as I see it.  I have been through 2 bear markets (2000, 2008) and have paid dearly for them and learned a very valuable lesson.  Anyways, good luck all and be very dilligent.  Do not buy or average down in a bear market.  This is not tax loss selling, this is smart money liquidating the whole markets under the guise of tax loss selling.   Cheers all.

p.s.  If you can't help yourself, then just trade the volatility with strict discipline and money you can risk.  Trade the market sentiment not the fundamentals.  Just use common sense.  For example, I have been playing HOD to short OIL.  I don't short stocks so I play the ETF.  It was a no brainer shorting oil because of Omicron, flights being banned, Countries closing their borders to visitors, Biden picking a fight with OPEC, etc.  Cheers.
Comment by speedy99 on Dec 02, 2021 9:37am
I agree that HOD is the best way to make some money on down days or down weeks.  It always works better than HXD, which is too diverse to be of any value.  When the pandemic set in and markets were selling off, Horizon, or whoever runs HOD, was telling people not to use it because they were overwhelmed and there was a risk money would not be returned - which was pretty scarey.  You ...more  
Comment by BudFoxx2020 on Dec 02, 2021 9:48am
I would not recommend anyone to play ETFs.  They are not investments and only for day trading.  I have gone broke many times playing these ETF but only with money I could gamble with.  Lol.  There is definitely no way to predict anything in the markets, but there are signs to look out for.  These 500 points swings are not normal, but the interest rate hike would be the ...more  
Comment by WhatsAPP12 on Dec 02, 2021 10:08am
This post has been removed in accordance with Community Policy
Comment by monty613 on Dec 02, 2021 10:14am
not saying WELL is immune to bear markets or a bad economy, but yet another plus for this company is that healthcare is a very defensive sector. patients still need to see CRH and MyHealth regardless of what China's housing market is doing... WELL has senior debt financing on their key businesses, which provides extremely cheap debt to finance their acquisition program. interest rate ...more  
Comment by speedy99 on Dec 02, 2021 10:36am
Well stated, I agree totally.  I anticipate that Bud's response will be that the market/chart is telling you everything you need to know.  Maybe what he needs to remember is that you and I are part of the market as well, as are others who believe in WELL.  We may not be the majority at the moment, but I have never felt that in law, politics, or investing majority should rule.
Comment by BudFoxx2020 on Dec 02, 2021 10:57am
Comment by speedy99 on Dec 02, 2021 11:17am
No you were not wrong if you judge by the outcome in this particular instance.  Who would not want to go back in time and sell at $8,00 or whatever and buy back in at potentially less than $5.00.   But I think you are wrong in adopting that as a strategy, at least in relation to this company WELL.  If you were to go back in time to when AMZN had its IPO, 1997 I think.  ...more  
Comment by BudFoxx2020 on Dec 02, 2021 10:41am
I have always said I am not a fundamental type of investors.  Everyone that invest always base their investment on fundamentals.  That is the first thing they look at and base their investment on.  It does not really work.  Why do you think Analyst are always wrong.  You take the companies words as scripture.   If I was to look at WELL's fundamentals.  ...more  
Comment by monty613 on Dec 02, 2021 11:51am
Bud - guess we'll just have to agree to disagree here. not knowing the company you're investing in seems completely irratonal to me. a company's share price represents the proportionate equity value of the company, like any other private company. I'm not taking an analyst's or company's words as scripture, I'm looking at the financials and determining what I think the ...more  
Comment by butchtennis on Dec 02, 2021 2:23pm
Monty...I agree fully with your assessment...this selling is overdone... like you, I am patiently waiting it out...the upside will be enormous. Glta
Comment by BudFoxx2020 on May 11, 2022 3:57pm
Just like I predicted. Remember clowns like stupidee and montturd were telling me I was wrong. Lololololol. Too many clowns. BudFoxx2020 - (12/2/2021 9:20:03 AM) Market Sentiments... Not about WELL, just my point of view in general about the markets. We are in the beginning stage of a BEAR market. Yesterday DOW reversed a 400 points gain to close down 450 points, a swing of 850+ to the downside ...more  
Comment by alvarez2 on May 11, 2022 4:39pm
Of course we're in a bear.......doubt to many would argue that. This sector has had the cr^p kicked out of it already. Can it go down more ? Sure. But I'm willing to bet this stock is alot closer to a bottom than a top. Some of the other sectors however ?........ I might be a little more nervous to start buying or adding to yet.
Comment by alvarez2 on May 11, 2022 4:47pm
Starting today.......if you like the company, it was a good entry point to take a position in it and may likely get cheaper yet. It's been looking like capitulation for awhile now to me.
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