RE:CIBC Ruins It For Well HealthWow , obviously you should know , there are 5 major banks in Canada . CIBC being one along with RY, TD ,BMO and BNS
As for WELL being a great company ; maye it'll get there ; at the current time it's unprofitable , but working on it. It's more of a promise than an actuality.
I've commented on this before and people don't share my opinion but the share count of 239 million is a problem . There's a big number of shares available at any time that can overwhelm demand for the shares IMO.
NLMoose wrote: In spite the great reports about Well Health, it seems that one investment or brokerage company loves to ruin it for everybody.
Minor players like CIBC should have no right to think negatively about great companies.
That should be up to RBC or TD as they are two of Canada's largest banks, not a jobber like CIBC.
CIBC, leave Well Health alone and stop thinking negatively about them.