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WELL Health Technologies Corp T.WELL

Alternate Symbol(s):  WHTCF | T.WELL.DB

WELL Health Technologies Corp. is a Canada-based practitioner-focused digital healthcare company. Its healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. Its business units include Canadian Patient Services, WELL Health USA Patient and Provider Services, and SaaS and Technology Services. Its solutions enable more than 38,000 healthcare providers between the United States and Canada and power owned and operated healthcare ecosystem in Canada with over 200 clinics supporting primary care, specialized care, and diagnostic services. In the United States its solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL Health USA Patient and Provider Services consists of four assets: CRH Medical, Provider Staffing, Circle Medical and Wisp. It provides cybersecurity protection and patient data privacy solutions.


TSX:WELL - Post by User

Comment by BudFoxx2020on Dec 22, 2020 1:56pm
277 Views
Post# 32162017

RE:RE:RE:Lets consolidate $7.80 - $8.10

RE:RE:RE:Lets consolidate $7.80 - $8.10I can't predict that far ahead.  All I can tell you is these Telehealth plays are meant to thrive in a lockdown environment.  I am sure the business is viable going forward but the big money is made during the lockdown and Corona environment.  For me,  I followed Well for 2 years, was always on my watchlist but never bothered investing but I knew what their business model was.  Well is a great solid company with great management, only reason it really piqued my attention was because of Li Ka Shing.  Then Corona happened and stock broke $2, since I know the company I knew it will thrive.  Do I think WELL is worth $8 at the moment based on their revenue, NO.  But thats the market you go with what is hot at the moment.  And the Telehealth sector is still hot.  Well is one of my biggest winner this year.  Lol, got carried away, to answer your question Corona is not going away for a while as you can see from all the new lockdowns all over the world.  So Well and all other telehealth stocks will thrive. Hope that made sense.  In any case, Always have a stop loss because nothing is a 100% in the markets. 

As for today, weird trading.  Everytime the stock try to break $8.40, it gets hammered down with huge sells.  Just need to figure out if there are more sellers than buyers.  SP even hit 8.04.  If it breaks $8, it will slow down the uptrend, if it breaks through $8.40, we will easily cruise through all time high this week.  I will be happy if it close above $8.20 today, just to much sellers still sitting at $8.30 - $8.40 range today.  Hope they don't start dumping near End of day to push this under $8.  Good luck all.
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