WELL Health Technologies Corp T.WELL

at risk of sounding like a broken record

[jabez3]

I am in Well because I was all in on Crh and had been in the stock for over 10 years!!  I never sold a share until it was bought by Well.  Here are some significant closing prices for Crh

4-11-17    9.25     (all prices US)
9-11-17     2.17
3-18-20       .94

Eventually, of course, it was sold to Well for $4.00


The point?  look at closing price on 3-18-20.   94 CENTS!!!!   Completely irrational.  The company was cash flowing, increasing every quarter, etc.   That is when I sold everything else I owned, doubled down, and dropped my break even from 4.20 to 2.80.

Unless there is some shocking news we are not privy to, hold on to your shares.  There is no reason for Well to have gotten punished like this, just like Crh.

Side note, do I wish I would have sold at 9.25????  Hell yes, but my hindsight is every bit 20/20 as everyone elses.

[HotDiggityDogg]

No offence but that's a very bad story. You hung in there for 10 years to finally get 2x on your money when you didn't sell for similar gains much sooner.  WELL is my biggest holding, and i really like the company. But absolutely nothing appealing about your story of " selling everything to average down to get 2x on your money"  after 10 years.  I am quite

[jabez3]

i was not happy it got sold at 4.  i believed it would get into the upper teens with the way it was growing.  And i did not start "all in".  I bought it back when I owned I.D. biomedical because Tony Holler was involved in it.  I bought 10,000 shares at 3.50.  I added more throughout the years Had I not sold the rest of my other stock and doubled down, I would

[HotDiggityDogg]

I hear you on how things played out and how it wasn't ideal. I don't care about your precious investment returns but rather trying to get a feel of what other shareholders think is a fair value for WELL at the moment, and in next year. Long term I'm sure everyone agrees that it could go much higher due to competent management. Again I personally think Hamed will sell the company in

[HotDiggityDogg]

Sorry about the autocorrect..I meant to say " previous " and not " precious " 

[jabez3]

And my point wasn't to talk about precious investment returns. It was to point out that stocks get very unfairly hammered sometimes as did crh and as Well is now. Sheesh. Lighten up. 

[HotDiggityDogg]

I agree... so based on your previous experience... do you see WELL tanking much further ? To me that's the ultimate question... I got stopped out of half of position at 6$ but the other than are still there... I try to come up with a " plan " for the next 3-6 months and will be stopped out if it goes to 4$.  hoping it finds support at these levels and doesn't keep dropping