RE:RE:RE:RE:Interest Ratesmonty613 wrote: bandit69 wrote:
It's one raise of many to come. See what you want to see. I stick by my comments of under $4 and $3 won't surprise me.
I would still love to hear what underpinned your valuation call here. $3 implies a market cap of just over $600MM. there is not a chance in hell that WELL gets anywhere near that.
it's easily a ~$1.5bn company based on the sum of the parts which I think implies a share price closer to $7. tack on some CRH and MyHealth growth via internal cashflow and you're easily above that.
Yes, I understand very well. WELL has total immunity from market forces. Including the FED funds rate. I suggest you parse the FED's words from earlier this week. This rate was a confirmation rates are going up up up. I know that diluting shareholders, paying increasing interest rates, an almost 6% inflation rate in Canada and over 7% in the US, does not affect WELL IN ANY WAY!! whatsoever because they can jump over a tall building in a single bound however, I suggest, as I wrote before, to give things time. Nothing goes straight up or straight down whether good, bad or ugly.
There re so many red flags with this company I lost count. Not enough fingers and toes. 870MM of intangibles Sept 30 2021....LOL.
One week of a short cover does not a company make my friend but go ahead and enjoy your new found emboldened status while it lasts. :)