RE:RE:If this closes below $3 I actually fully agree with this statement. There is nothing Hamed can do at this point for the short or medium term stock price other than selling the company which surely he is trying his best to go. Ask Monty lol ( he would take an offer of $4 and run today )
What used to move the stock during COVID days was an acquision or any News Release mentioning the word Run Rate. That's why people like NoShorts still keep talking about those days. Those days are long gone. Hype is gone. Just look at the daily volume.
WELL needs to show actual profit and growth ( organic ) to be noticed by funds.
Market dictates the stock price and it is currently saying stock is worth 3$. My guess is that you will see the stock go down another 25-30% as the environment for companies like WELL could not less favourable and that's why you don't see much promotion and News Releases. ( remember when stock was pumped leading up to Earnings and then it dropped like NoShorts dropped out of High School?)