I've lightened my position in WELL again...I looked on the insider trading reports a week ago and notice some insiders selling WELL shares again...
If this company is such a table pounding double...Why the insider sales? Margins to contracting? Perhaps a couple of laggard acquisitions they are still trying to turn around?
I'm sitting on about 10% of the WELL holdings I once had and redeloyed to O&G over the past few weeks as markets are anticipating a nice bounce in O&G companies. in Q3. If WELL shows some decent financial numbers for Q2 I'll be back buying, but at this point, a few questions are being brought to mind with the current weakness in WELL...
GLTA