RE:RE:Short Report as at Dec 30, 2021 - 5.7MM ShortHotDiggityDogg wrote: Shorts have been in control. Since there is no volume on Longs, it's a very bad combo. We need company specific news to force them to cover and bring in new buyers.
that's exactly why we all need some patience here - nothing has fundamentally changed with the company. this stock was $8-$9 just a few months ago and absolutely nothing has changed with WELL's prospects of profitability, earnings power, etc. in fact, things have only continued to improve. the decline has been entirely driven by market forces/sentiment, yet by all accounts WELL is continuing to outperform. i'd call that a mispriced security.
Q4/FYE earnings should set the stage for 2022 and hopefully we see some more acquisition news before that. things have been noticeably quiet, especially with CRH.