RE:Unfortunately, I anticipate a short term "blip" coming...WOW thats pretty messed up to sell 2/3 or a position. You may be right but - pretty messed up. Did you take off your pyramid hat as well, or just tighten the screws too much, maybe rearrange those ChicKen bones.
They pre_announced good data yet again which has always been a good omen. Time will tell - I dont even know what to say about what you dit- its completly illogical.
Nextlegup wrote: 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...