RE:RE:RE:RE:Hamed, management, and insiders owns 25%+ of the companyHappy New Year all. I am still super bearish on the overall markets, I do not hold anything long term. Been trading in and out when I see a trade line up but it is getting very hard. There is just no money out there. For me, I am just not buying any stocks for the long term at the moment because I really believe the crash is due for this year. But I will trade in and out due to the volatility. Volatility creates huge short term opportunity. As far as WELL goes, the spike in Omicron might be interesting. Support has hold up very well around $4.60. I would only worry if it breaks new low. At the end of the day it is still in a downward trend and trying to break upwards. $5 is a big resistance at the moment. It will be a great sign if it breaks through $5.20 with huge volume and News. Cheers and good luck. Lets hope for a better year.
p.s. Still can't believe DOW is still making record highs, it is a joke. Oil is still going up, despite over 10,000 flights being canceled last week and new worldwide lockdown. It is what it is, never fight the markets. Lol.
HotDiggityDogg wrote: Budd; I have enjoyed your posts on WeLL. As a " bag holder" I'm interested to know what your take is on the current stock price and where it will go... and more importantly if you would buy back in and if so under what conditions. I sold have of my position at 6$ but holding other half and am NOT happy about where things are. Also don't want to sell at absolute bottom because I like the company and CEO but also not going to hold if it keeps dropping.
thanks in advance