brandinvestor wrote: Not saying they are blowing it out of the water, but if you compare them to all companies on the TSX, they are in the top 40%, in 2020 they were one of the top performing stocks on the TSX.
There's a reason they made it to the composite this quarter as well.
However I bought in at $.58, $1.32, $2.52, in the 3's 5's and even the 8's.
I'm just a random guy on the internet however believe it or not, I'm up $220,000, if I sold at the height of it all it would have been over $300,000, however I don't have the time to be watching the markets every second of the day, so I'll be leaving WELL as about 30% of my stock picks as I believe it's destined to grow to the $30 point before they either get bought or merge with another small - mid cap company.
Looking at the larger picture, this stock is up over 20x it's value in 2019. I don't need to waste time thinking about staying in this stock, they are clearly making the right moves, and have increased their market cap from 45M to 1.5B in a short period of time.
You can't have unlimited growth forever though, they need to consolidate, figure out their next moves, grow internally, then go back to the high speed M&A again. In the short term the shorters can make some money, and in the long term, the longs can also make some money, it's a win win.