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WELL Health Technologies Corp T.WELL

Alternate Symbol(s):  WHTCF | T.WELL.DB

WELL Health Technologies Corp. is a Canada-based practitioner-focused digital healthcare company. Its healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. Its business units include Canadian Patient Services, WELL Health USA Patient and Provider Services, and SaaS and Technology Services. Its solutions enable more than 38,000 healthcare providers between the United States and Canada and power owned and operated healthcare ecosystem in Canada with over 200 clinics supporting primary care, specialized care, and diagnostic services. In the United States its solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL Health USA Patient and Provider Services consists of four assets: CRH Medical, Provider Staffing, Circle Medical and Wisp. It provides cybersecurity protection and patient data privacy solutions.


TSX:WELL - Post by User

Post by Nextlegupon May 08, 2023 2:25pm
349 Views
Post# 35436878

Unfortunately, I anticipate a short term "blip" coming...

Unfortunately, I anticipate a short term "blip" coming...News released on Fridays is almost never good...

As soon as I saw that release andtiming the other day of Q1 numbers, my gut knotted up. :(

As such, I've sold about 2/3 of my position...on the way down today...

I'm guessing they hit their Q1 numbers as they have always been good about managing investor expectations and trying to eek out a little bit above that...but...

I'm guessing fridays news might show us  that some of those margins have contracted more than we may have anticipated which might have people wondering...

I still love the story and likely to come back in to top up my position again, but get the impression that some on this board might be "less" aware of some of the finer points of timing of news releases so I  just wanted to share as to why "I" think we are seeing a down day today and likely to see a bit more of the same in the next few days...

I could certainly be wrong...and I know that WELL will see blue sky again down the road, but likely not in a straight line...
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