Tax loss arrives Earlier this year Stocks such as WELL, which have had a very bad year will suffer from tax loss selling. With the whole concept of " Adjusted EBITDA " + " Revenue Multiples " being metrics that are forgotten about, Funds and Smart money will not be buying any shares at these prices. You will have people like NoShorts ( opposite to smart money ) and Smokey ( can't figure out if he is almost a criminal pumper or literally the worst investor alive ) tell you how this stock has bottomed.
Insider selling, market only looking at strong balance sheets ( WELL doesn't have one ) leads me to predict WELL will be below $2.50 before the end of the year and quite likely go below $2 mark.
I may buy some at below $1.75 as I think CEO will sell this company in 2023 for $3-4 if macro sentiment improves. ( yes I have lowered my buy price again )
NoShorts keep fighting them shorts. We need you out there. Not all Heros plant Trees. But you do !!