WELL Health Technologies Corp T.WELL

31MM shares were purchased at $9.80 in February

[monty613]

a 25% premium to market - many of the shares purchased by Li Ka Shing and management of WELL.

do you really think management and one of the world's richest people (#30 in the world!!!) would fund at that purchase price and expect the stock to languish at this level forever? there is clearly a catalyst in the cards for WELL. a US listing, more M&A from CRH and MyHealth, a transformative acquisition? all of these things could radically change the company.

i agree with jabez3 - unless WELL is faltering on their projections/plans/guidance (they're not - they're exceeding it) then you have nothing to worry about here. be patient and you will be rewarded. 

GLTA

[STEPHENJOBbbbbb]

Crh purchased is the problem ,this stock was a dog for years until WELL bought them up. Collateral damage, I sold well right away when it announced the purchase. I could be wrong .

[Aarman4]

I laughed so hard it came out of my nose... Seriously! Thanks for that one, made my day! You guys are great! Cheers!

[monty613]

I wouldn't call $0.50 to $11-$12 a dog, but yeah, the stock got absolutely hammered at one point after their margins got squeezed by the government agency in the US that sets Medicare/Medicaid reimbursement rates. It's also a grow by acquisition model, very low organic growth, and that model also fell out of favour big time after the Valeant blowup especially since CRH is also a Canadian

[HappyAlways]

This post has been removed in accordance with Community Policy

[Noshortsallowed]

Oops looks like a negative post. I think you forgot to switch your profile back to "OnlyOil"

[speedy99]

I think people may be reading way to much into the day to day movements of the share price.  If you study the charts of the great companies such as Amazon you can infer that at various points in its history shareholders had doubts and both buying and selling continued despite the fact that in retrospect it should have been obvious to all that they had a great business model and insecurities