WELL Health Technologies Corp T.WELL

buying more

[speedy99]

today, I think fourth quarter and 2021 earnings will show solid growth, and there is likely to be some good news between now and then.  If market conditions improve we may see a Nasdaq listing in first or second quarter.  No one has identified any reason why we should be worried about this company or its future.  Its acquisitions have been excellent and there has not been a single disappointment.  Prices paid for acquisitions have been at very low price to sales multiples.  Just need to wait for sentiment to change, or at worst, revenues and earnings increase to ridiculous value propositions.  No red flags in sight at all and shares are on sale.

[Mikerich]

The one thing that has me perplexed is the Nasdaq listing.  Hamed promised that this would happen in 2021, and the market was strong (overall) all year.  If anything 2022 will be a much rockier/volatile year as inflation continues, interest rate hikes, and stimulus cheques disappear.  Not sure what he's waiting for as overall market conditions continue to decline....my 2 cents

[brandinvestor]

He spoke about this last quarters meeting stating that currently the IPOs in Health Care on Nasdaq haven't been as strong as they were hoping and they are timing the market to get in at a better time as Telehealth stocks have taken a beating in terms of IPOs. Small amount of wait for larger gains is the best bet here and I agree with this

[Mikerich]

I'm a financial advisor - good luck on 'timing the markets'.  Mission impossible.....

[thelostarc]

It is not so much timing the market as in calling a bottom or top, but more so to float when there is a healthy appetite for digital health plays. Though this appetite was strong in the initial stages of the pandemic, with the initial wave of vaccinations, interest dropped off. However, the shift to digital healthcare is a long term tide and eventually the intrinsic value of this shift will show.

[jabez3]

thelostarc, really a good, well thought out synopsis.  thank you

[ahsh1kah]

Same here.  40K+ holdings and for 1-5 years.  I have no doubt WELL stock to be around $20-$25 by then.  

[HotDiggityDogg]

While I'm a WELL long; it would be nice to stay within reality when talking about upside potential. 25$ means a 5 Billion dollar company and with today's valuations, we are quite far from that. Let's get back to 7-8$ first before wanting to get to a 5B market cap 

[speedy99]

I see $25.00 not only realistic, but almost inevitable given the numbers we have today.  We are currently at a 5.0 price to sales ratio.    The growth in revenues, organic and otherwise, continues with percentages, monthly and yearly, that are phenomenal and need not be repeated here.  It will not be long until we have one billion per year in sales/revenues, and on that

[BudFoxx2020]

Come on $25, now you are just pumping like any penny stock pump and dump CEO.  Lets get this stock to $6 first before making ridiculous price predictions.   Anyone can say this about any stocks.  I just hate seeing blatant pumping in any board.  Like I always said, making pointless prediction and telling people to hold 1 year, 5 year or 10 year ahead is a fools game. 

[HotDiggityDogg]

I agree. Calling company to 5x in market cap without providing any actual fact is just pumping. Market is current speaking and it's saying not too many people are buying WELL. I'm long WELL but would sell all my Shares at 7$ in a heart beat even 6 months into the future. 

[thelostarc]

You are long WELL but would sell all your shares at $7 in a heart beat even 6 months into the future. Do you see that the first part of this statement and the last part are in complete conflict? How can you say you are long a stock, and then, in the very same sentence, say you'd sell in 6 months? I'm sorry to say, but I think short term investors need to check themselves. It is absolutely

[HotDiggityDogg]

I have been in WeLL for a long time. Since before the pandemic. But I'm realistic about the market conditions and aware of the valuation contraction due to rates going up.  I'm completely ok selling my shares at 7$ as I just see better opportunities elsewhere. Doesn't mean I won't come back to WELL but as of right now I don't see WELL being a market favourite and as such

[BudFoxx2020]

Yes HotD, you should always adjust your investment accordingly.  It always amuses me, people will say they are here for the long, long term and they don't worry about the dialy or weekly or monthly fluctuation in share price.  But yet they are the ones here that monitors the share price daily and post constantly and post the most.  Lol, makes no sense to me.  These so

[HotDiggityDogg]

I couldn't have said it better myself. I just wish I listened to you earlier but I hadn't joined Stockhouse. I'm still thankful I sold half of my holding about 1.5 months ago. Even with the shares I have left, I have stoplosses and I have to admit some have been stopped out. If there is one thing I learned this time around, you can't fight the market and as you said, there is

[Noshortsallowed]

I think you are both starting with the presumption that moving your assets around will result in greater returns but statistically that is not what happens in reality. What happens in the majority of cases where you sell or buy based on short term price action is that you are on the losing side.  You are both also presuming that when you sell the price will continue to fall but there is no

[HotDiggityDogg]

Very valid point. For the record whay I sold 1.5 months ago of WELL is sitting in cash. I bought some ARX with with some of it but not amount.  I only sold whay I sold as it was getting dangerous for my personal risk assessment. I still love the company and respect the CEO. Just very worried about the macro and valuation contraction. I don't think WELL is a pump and dump and

[Mikerich]

I agree with you on that notion - definitely better buys out there right now for immediate returns, but this stock will be $12-$15 at some point in the not so distant future.  Once the shorts run out of steam, and Hamed continues to post great earnings, nothing can stop this train.  I have a long term account and a day trading account - WELL is not a part of the latter.  Cheers

[HotDiggityDogg]

Thanks buddy. Best of luck to you also and for the record I'm a huge believer in WELL and Hamed. Just SH---ting my pants by constant drop lately. Nothing to do with WELL, just the macro sentiment. Will always hold some positions of WELL and we shall all be happy and celebrate when WELL does get back to its true potential. ( I think once Fed realizes they can't raise rates and reverses

[Mikerich]

100% - trust me I hate the exponential drops of the SP too - especially holding 40,000 shares with a $405 dollar move on every penny.  But I'm a believer in this company long term and have a lot of confidence that we will be rewarded having patience.  Have a good weekend!!  

[Mikerich]

I wholeheartedly disagree with this rant BUDFOX.  Sorry, but comparing a garbage weed company like Tilray to WELL is not comparing apples to apples.  The weed sector was ALL hype leading up to legalization and then the smart money left the sector after seeing how paltry most of the earnings became.  WELL is not at all like a garbage weed company like Tilray, please.  Their

[HotDiggityDogg]

You have said that a few times. Hamed is NOT a member of Hollyburn. People who know him and are friends with him are members there but he is not. Just fyi. 

[Mikerich]

Did I write that he was a member at Holly?  No. I know him through the club and his other friends who are members there.  Met him a few times there, and as Yogi Berra once said 'if you don't believe me, look it up.'    

[BudFoxx2020]

Mikerich, the telehealth sector is going through exactly what the weed sector is going through.  The corona hype is done. Take off your blinders for 2 minutes everything you are saying about Tilray is exactly what is happening with WELL.  Lol.  Go read some post from Tilray they are saying the exact same thing you are saying about WELL.  Word for word.  How it is the

[Mikerich]

My points below to your barrage of nonsense.... - For one the telehealth sector is profitable.  Weed companies like tilray aren't.  Point number one. - What's your email address, I will screenshot my $131,029.77 gain on ACB when I sold my 16,082 shares at $14.34.  Why would I lie on this?  Point number two. - Everyone is always making a killing?  Let me also

[BudFoxx2020]

When weed got legalized they were saying the exact same thing how profitable the sector would be.  Wow $130k gain.  Lol.   A financial advisor. A clueless one it seems.  Lol again.  40 k shares lol again.  Never brag about your gains or holding online.  What a great financial advisor you must make I am sure you yap away about your clients holdings when at the bar

[Capharnaum]

The weed sector is burning cash every quarter and the growth has slowed down until new markets open. That's nothing like WELL. They are cashflow positive and beating their numbers every quarter. Funny comparison.

[HotDiggityDogg]

I think we are talking about different amount of investment. Someone who puts money in a a stock and doesn't check for 1-5 or 10 years either had so so little money in that stock or has so much money and so many other investments that this particular investment doesn't total to more than 2-4% of his total investment. I can tell you that I don't fall into either category. I have a large

[speedy99]

I have no illusions that my comments on this board, or anyone elses comments on this board for that matter, will have any impact on buying or selling.  If that's what you mean by "pumping", that is not my purpose in making posts on this board.  Anyone doing that is delusional in my view.  The reason I put posts out here is to clarify my own thinking for myself and to

[Noshortsallowed]

'm not really seeing too much of an issue extrapolating a 5 billion market cap if conditions change with the sector in terms of market sentiment etc and we see an uplisting. Comparables in the states with inferior fundamentals (like Amwell, HIMS and Hers had 10 billion dollar market caps this year - so when the sector starts to go the other way and algos start buying on the way up) I don't