RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More downward pressurebrandinvestor wrote: HIRE has a revenue of 27 million making it not even a drop in the bucket in it's industry.
WELL is the largest private clinic owner in Canada with guarenteed client base (name a Canadian who isn't looking for a doctor). They have income in EMR software, which doctor's are required to use.
They have Revenue upwards of a half billion, which in the Candian Health Care industry, isn't a drop in the bucket.
WELL shouldn't have ever been worth $9 just like Teledoc, DOCX and all the other Health care stocks that tumbled after the pandemic. It's worth probably somewhere in the realm of $5 without a profit and $7 with a profit (making a profit means being able to grow without debt or dilution is the biggest deal right now).
the posters who continually reference HIRE are doing so because they are saying if Hamed is involved there, and it failed, WELL must also fail. or they call WELL a fraud. Li Ka-Shing lost his shirt on Husky, but he also had far more home runs than that investment.
WELL never should have garnered the multiples it did. multiples of Revenues is also a dumb metric. but Circle/WISP should be adding more value to the stock here, in my opinion, if it can continue to grow at the pace it has been growing.