RE:RE:RE:RE:Matter of timeYes holding for two years is much preferable, and I was not aware that you held that long. I only recall you indicating you wanted to catch a recent bump up to $6.00 or something of that nature. I suppose you think I am being repetitive and I could say the same for you.
You may fairly ask if I agree with you that we are in a downturn at least to end of December, why not get out and buy back in then. A few reasons. Firstly, I own WELL inside my TFSA and frequent trading is receiving much greater scrutiny from CRA these days. Secondly, its one thing to delay buying further shares to the end of December, another thing to sell my WELL shares now and buy back at end of December and another thing to deliberately try to make money by shorting the stock. I have not sold a share of WELL to date and based on my goal and predictions I expect that I would regret any such sales.
You are correct that I cannot assume that WELL is a winner, such as many of the other winning investments we have seen over the years. But I have the assumption that if the company itself is a winning company the share price will eventually follow. It has good management, is in a growing sector and is making all the right moves now, and its revenues are increasing dramatically. Those factors are all much more important to me and will win out in the long run. I care more about these things then whether or not the "stock" is currently in fashion, or whether telehealth is the flavour of the month - clearly it is not.