RE:RE:RE:If this closes below $3 Of course you agree with this statement ....these are your pals in nonsense. Other than casting disparaging comments why don't you actually do some DD. You, Budd and Sadie are like a skipping record ....over and over with the same nonsense.
For 2022 the top performing sectors in the markets are energy, retail, utilities, consumer (non-cyclical), capital and healthcare. ONLY energy is in the green (up 31%) ....healthcare is down 15%. The bottom worst performing sectors are technology - down 30.5% , consumer (non-discretionary), conglomerates, transportation, services and basic materials - down 18.1%.
Does that mean, using your logic, that many companies with downturns in the sp are all looking to sell?
A company having made acquisitions over the last 4 years that has their annual revenues going from $10 million to over $500 million and secured the significant debentures and lending agreements in hundreds of millions is going to sell? You can't make this BS up!!! ....well actually you 3 can!!!
Hamed doesn't need to worry about the stock price in the short or medium term ...if that were the case there would be thousands of other companies in the same boat.
As for the daily volume, there are hundreds if not thousands of companies that are currently thinly traded ....a boon for those wanting to drive the sp down. Look at the number of trades of volumes ranging from 100 to 500 shares ....across companies across all sectors.
LarryBird wrote:
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?)