RE:RE:RE:4.40 zone, will it hold ? While I don't agree with the way Budd comes at you guys ( WELL fan club ) I have to say this ;
you sound like an insider when you are so careless when it comes to share price. We are not talking a few points drop. WELL is now about 50% off it's 12 month high. That is a HUGE amount and no one in their right mind can every defend riding a stock down this much and claim to be a good investor.
That does make sense if you are an insider ( I am willing to bet a lot of money that 2 people on this board are senior level insiders )... if you are in this game at 17 cents per share yes it wouldn't bother you as much as it bothers us to be down so much of potential profit but most likely you couldn't sell due to optics and deep down you do regret not selling at 8-9$.
WELL is not a scam nor a bad company. The issue is that the hype is over. CEO has a good name but did strongly back another company (or 2) which miserably failed last year so I often worry if his ability to get investors has been somewhat damaged.
The growth by acquisition is a game that works for cheap money times. I do like the company and will be a shareholder as I think CEO will sell the company in the next year. Not because I think WELL will be the Walmart of Canadian Healthcare.
good luck to all of us. Market is so nasty we all need prayers.