WELL Health Technologies Corp T.WELL

Up we go!

[Daytrader1959]

This stock will be a fantastic opportunity to make some money in 2021. I have bought in at $3 in my tfsa so all profits will be tax free so looking forward to a great year of growth. TD  analysts say $13 target price.

[speedy99]

Same here, took a big position in my TFSA at around $3.00.  Haven't sold a single share either.  It has certainly turbo-charged my TFSA.  I figure I am on track to be one of early TFSA millionaires if this plays out the way I expect.   My recent purchases of WELL have been in my RRSP, given that profitability is around the corner and its no longer a speculative holding

[Aarman4]

The very bright part of that, is that those markets were moved mostly by US institutional buyers, so when you see it having little to no effect here, you realize how little we have been invested by that group, and when they buy in, we are looking at HUGE gains. Cheers!

[speedy99]

That is true.  The CEO has said that when we cross the profitability threshold we will attract a whole new class of investor, referring to the larger institutions. Here is a breakdown I copied from a post on the Yahoo Finance website. Institutional Update : As of January 31st, 2021, NEW INSTITUTIONAL ACTIVITY for WELL : - 375 000 shares for Northern Genesis Investment Inc; - 270 000

[speedy99]

This chart below from WELL website illustrates your point better.  Only 7.40 per cent of shares are held by institutions.  At some point we could see that percentage increased to well over 50 percent and then we will have the price stability and increases we can only dream about now.  The last Motley Fool article predicted a listing on a major American exchange in late 2021 or early

[Aarman4]

I fully expect us to be 90% held by insiders + institutions at some point.... Once WELL is established and slows to stops it's M&A activity, and is just left with organic slowish growth, that is how it should look..... I will likely reduce my position substantially or completely at that point. I believe WELL had a cap of about $300mil when I bought in originally, and after plenty of DD,