RE:RE:RE:Whoa K so lets see here The YTD charts for both WELL and the TSX are exactly the same ....apparently market forces do have an influence on stocks. WELL, over the last (less than) two years hit $8.00 multiple times. Yes, it has fallen but more recently it has hit $5.00 multiple times ....and is expected to trend back toward $8.00.
As ALWAYS ....it only matters when you BUY and SELL, regardless of the advice you gurus are trying to push ....and yes, the recent fall is completely connected to the markets bleeding as it was beginning to trend back up right before the tragedy in Ukraine, covid in China and the inflation corresponding to those events and the ramping up of economies (post covid) fired a rocket into the markets.
If you're not invested in this "pos" what are you doing here ...it's certainly not through any altruistic bent?
starboy101 wrote: Oh palease!! Once again the cheerleaders are out in full force blaming this POS's poor performance on the recent sell off in the markets. I suggest you pull up a chart of this POS and when you do you'll see that last summer this POS was trading at $8 and has been in a consistant downtrend since then. Long before the market began to sell off earlier this year.
Any smart investor would know that stocks do not trade based on what they are today but what they will be in the future. And it seems readily aparrent to me that the smart money crowd don't see a rosy future for this POS.
Wise up man and if you own this POS sell it!