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Bullboard - Stock Discussion Forum 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... see more

TSX:WELL - Post Discussion

WELL Health Technologies Corp > what do you guys think? ( Educated answers only )
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Post by HotDiggityDogg on Nov 18, 2021 2:42pm

what do you guys think? ( Educated answers only )

I can see that there is semi-impressive support at $6.30 and while personally I am super disgusted by the performance of SP personally, I have always thought weakness in stock price brings about mergers. Do you guys ( Speedy, Budd, Monty, etc..) this is a realistic expectation as a way to get out of this mess? If so which companies would be a candidate and if you don't see a merger in the cards then are we right to assuem continued weakness until next year? 

I further think it is safe to assume CEO will have some sort of news shortly after closing of the $65 Mill bought deal. He wouldnt just sit on money he is borrowing at 5.5%. My guess is buying the rest of Circle or Wisp, etc...the amount is not big enough to do something too impressive burt would be a nice move with a follow up to perhaps IPO those two together.

We are all witnessing the bear case right now,,,so perhaps a conversatino on the BULL case could provide some much needed investor confidence. 

Good luck to everyone,,,we all need it...( I am personally very close to my stoploss )
Comment by brandinvestor on Nov 18, 2021 3:28pm
If I heard correctly in the investors meeting he recently was apart of, he was going to use the money to speed up opening CHR clinics in Canada in 2022 as well as open clinics that start using the hemorrhoid device that they currently sell but they are not using at their own clinics at the moment.  To open a clinic in Canada, according to google, can take a significant amount of money just ...more  
Comment by BudFoxx2020 on Nov 18, 2021 3:43pm
Great point brand.  As a stock in general, Well's growth stage as a stock is done.  It went from under $1 to $9 in a span of two years.  This is why I say the big money is already made.  Now Well is in a building stage, this is where dead money is.  Now they have to show the markets they are worth their valuation.  And it won't happen overnight.  It will ...more  
Comment by HotDiggityDogg on Nov 18, 2021 3:51pm
Good points,,if I don't see a signifant catalyst and bounce back to 8-9$ in the next 3-6 months, I am moving on. I think CEO is looking for a merger or something of that sort given the amount of shares insiders hold and their inablity to sell without further crashing the stock,,hence my curiosity on the matter. 
Comment by monty613 on Nov 18, 2021 4:15pm
I have been banging the drum on this since I got into the stock. insiders and Li-Ka Shing own 27% of the company. they're building this company to sell, no question. look at Hamed's resume, the management team's resume, and Li-Ka Shing's resume (Husky was bad, but he sold it). they're deal makers. I don't think Hamed draws a salary and he hasn't sold any shares. he' ...more  
Comment by HotDiggityDogg on Nov 18, 2021 5:18pm
Very good points. Thanks for your input. In an ideal world, I would like to see a Merger of CARE and WELL, and a NASDAQ IPO,, followed by a huge takeover bid by one of the big names in U.S for each part of WELL. Imagine that !!