RE:RE:RE:It doesn’t take a rocket scientist to tell people are pi$$ed To impose a "feeling" on others without evidence says nothing about the facts concerning your longitude as an investor or the state of the share price. There is no analyst of any stripe saying anything positive about the sectors (health and tech) that WELL is associated with and thus a falling sp for companies in these sectors. I would even agree with Budd and Larry on that sentiment.
What most analysts are indicating is that these sectors while out of favour now, the sp of companies connected to them are at "bargain basement prices" and thus could be a great entry point. Whether WELL is at the basement (Larry believes it is more like to settle at $2.00???) is the unknown. Are there better investments at these prices (Budd believes so although I believe current volatility makes all of that a best guess).
As for Insiders there are certainly many more buys than the few sells and the CEO of the company still holds a significant and disproportionate no. of shares. Those are facts, not supposition.
In the end unless you are privy to the feelings of "many" investors to suggest they are angry is both foolish and unsubstantiated ....and provides no insight as to when or if it might be a stock worth purchasing right now. For what it's worth I'm slightly in the green on WELL at the moment. Yes one could surmise that those in the red would be disappointed ....and possibly angry at themselves.
Nextlegup wrote: Aarman,
I've been investing for over 35 years my friend...I'm not new to the rodeo.
You're not angry because you're not the one bleeding money as many are with the price deterioration of WELL.
The CEO.. as well as an institutional investor put up a big red flag awhile back with sales and investors are still trying to get over it.
The company just finished a meet and greet to answer questions
of institutional investors, which, most would think would give a boost to the stock price...not so.
The price is consolidating at present levels, but the willingness for investors to sell at these levels in spite of the lofty target supports my thoughts...
Perhaps you can dig a little deeper with your purchases Aarman... :)