WELL Health Technologies Corp T.WELL

Lower Rates Aren't Coming To The Rescue

[ABP123]

It'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.

[Aarman4]

Did you happen to read the last news release regarding belt tightening and profitability? Cheers

[ABP123]

I did read it.  It was simply a lot of talking.  No Action.  Clearly the market agreed it was just a bunch of talking.  The market wants Action.

[BigTT13]

The news release sounded very positive. Having said that, I have to agree with ABP123 here. We need to see what the plan is to become and remain profitable moving forward.  WELL often mentions their leverage and how great they are at digitally modernizing these clinics both financially and for the greater good. If that's the case, these transformation should result in positive earnings.