monty613 wrote: I'm right here.
just as you have been emboldened by a week of widespread market weakness? LOL. you really got us. just look at the timestamp of all of your doomsday calls. WELL is down maybe ~10%. big whoop.
my view is that the equity valuation here has the potential to increase over the longer term, even in the face of increasing interest rates. I'd suggest you look at a historical chart of the Fed funds rate and look where we are in the cycle. we are still in a historically low rate environment, even when factoring in the Fed and BOC's aggressive schedule.
it's not as simple as "interest rates rising = bad". you have yet to provide a compelling story beyond that. sorry.
https://www.macrotrends.net/2015/fed-funds-rate-historical-chart we all understand that rising interest rates produce higher debt servicing costs.
we all understand that rising interest rates affect stock valuations and multiples.
what you don't understand is that WELL's growth prospects have the potential to outstrip this over the long term. you also don't seem to understand non-cash depreciation and amortization expenses and how this fits into the WELL story. don't even get me started on your dismissal of EBITDA entirely.
you are hyper focused on interest costs and GAAP earnings and can't wrap your head around DSC, the potential for high margin cashflow generation growth, and the potential for non-dilutive tuck in M&A. not to mention optionality of spinning off something like Circle and WISP, among other levers this company has to pull.
stick with the BEE board and your other microcap O&G producers.