RE:RE:RE:RE:RE:RE:buying more
I have no illusions that my comments on this board, or anyone elses comments on this board for that matter, will have any impact on buying or selling. If that's what you mean by "pumping", that is not my purpose in making posts on this board. Anyone doing that is delusional in my view. The reason I put posts out here is to clarify my own thinking for myself and to open up my thoughts to the scrutiny of others, and this simply helps me with my ongoing thinking about my investment. I understand that your perspective is short-term. You are concerned about $6.00 or $4.00 etc. There is nothing wrong with that being your focus. But equally there is nothing wrong with looking further out, with an expectation that modernization of medical care is likely to happen and continue in the years to come. I am open to criticism of WELL as a company, and it would be helpful if there was more of that for us to see. The idea that we should all follow the direction of microscopic movements in the day to day share price has absolutely no appeal to me. I am not excited about your concern that $5.00 is now a huge resistance, because a year from now, no one will care. In terms of current price to sales ratio, being 5, I did not think that was controversial. In fact its even lower if you look at anticipated sales for 2020. Also not controversial is the year over year massive percentages of increased growth, both organic and otherwise. Anyone looking for "proof" of these obvious facts need only review the press releases and quarterly reports and everything available online. It is not difficult at all to extroplate from these facts and see annual sales of a billion in a few years, and from there to see a market cap of 5 billion. If you can't see beyond the next day's share price you will no doubt have trouble looking a few years down the road. Most serious investors recognize that it is much easier to predict longer term outcomes than to try to predict the day to day movements of a share price.