RE:RE:RE:RE:SA Article
As a short term holder, mere five months, but plan on a long term hold I would like to think WELL is a good play. I have read the SA article and I sure don't believe it is false at all. Good points and I would come away only with the author saying they think WELL is also a good investment and they would wait for a 'pull back' in the SP before buyiing in.
How far would this pull-back be to be more attractive? it did not say that I could see.
BUT I have also seen the 2nd quarter report and listened in to the investers on the conference call. I did not sell any stock from any of those reports and was more excited about the future for this company.
I am not big on numbers when it comes to such reports. I do know that the long term potential for this company is clearly outlined and with the support of investment companies with WELL in their health, technology funds I am fairly confident those companies have done their DD with the numbers and pretty much agree that WELL will contribute to their bottom line.
Sure WELL may have expanded rather quickly in these last five month as their SP has. WELL's CEO and CFO hinted at in the CC is that those acquisitions will have to be stabilised in terms of new staff payroll, better accounting and charging (which was not being appropriately charged or not at all in the electronic recording) which will drastically change their bottom-line in the next quarter.
GLTA. Wished I had more numbers to strengthen why I think WELL is a long term play and I am in it for many years if they haven't been bought out by then.........