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Bullboard - Stock Discussion Forum WELL Health Technologies Corp WHTCF


Primary Symbol: T.WELL Alternate Symbol(s):  T.WELL.DB

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

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Post by BigTT13 on Mar 22, 2024 10:25am

Out for blood?

It appears someone or something (institution) is hammering this purposefully. IMO, this isn't retail. Either someone wants out or someone wants in really badly. 

Hamed and the WELL team, by all intended purposes, nailed Q4 and have essentially "flipped the switch" towards profitability. They've noted their plan and identified millions in potential saving once executed. 

Great company, solid management, exemplary execution, managing the balance between revenue, debt, and profitability quite well for growth company. Personally, I thought we were done w/the $3's, but here we are. Very odd price action with his stock. Very odd.

GLTA

Comment by Mikerich on Mar 22, 2024 10:28am
TD suspects algorithm bots at play here....
Comment by 82Supra on Mar 22, 2024 10:30am
Nothing like a fair trading system
Comment by Dogsbreakfast4U on Mar 22, 2024 10:53am
The concern that some have is that WELL will end up like Dialogue Health that was taken over by Sun Life for peanuts as it was facing high debt levels that they could not handle. The company needs to start generating FCF now or it will face the same fate I'm afraid.
Comment by Duster340 on Mar 22, 2024 11:05am
no one has that concern, if you had listened to the conference call you would no that in 2024 a priority is to pay down debt and possibly an aggresive share buy back, they want to do something for shareholders.
Comment by lnggasfor202324 on Mar 22, 2024 1:00pm
Well I guess they should start making money for a change.
Comment by Capharnaum on Mar 22, 2024 1:40pm
WELL doesn't have high debt levels and generates plenty of FCF. Enough FCF that they make acquisitions and increase the revenue with minimum dilution.
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