WELL Health Technologies Corp T.WELL

4.40 zone, will it hold ?

[HotDiggityDogg]

Seems like another round of beating for growth stocks. Shopify is the main victim, lightspeed, and WELL are all in the line of fire. Let's hope WELL can hold the $4.40 level. As much as some of the dreamers hate Budd on this board, he has been SPOT on with his prediction. In absence of company specific news, given the March rate being a sure thing, there is a lot of pressure on these stocks. Let's hope WELL has a huge Beat on their Earnings combined with some catalyst. Meanwhile I have lowered my buy order to low 4's as I don't like the way the market feels when it comes to tech and growth stocks. Only thing that makes me feel good is my Oil stocks. I'm still long WELL but have realistic expectations in second half of the year when I expect the Fed to fold like a lawn chair after a devastating few months in the market due to hawkish action to slow down the economy.

[Capharnaum]

When you invest in specific stocks, it's because you believe that the stock value depends on that stock's fundamentals. Otherwise, there's no reason to invest in a specific title. Shopify and Lightspeed are both stocks that are trading at valuations that are out of touch with their current fundamentals. Shopify trades at around 325x FY2022 EBITDA, 175x FY2022 cashflows. Lightspeed

[BudFoxx2020]

These small group of clowns think I just sit here and make up stuff.  Just look at eveything I have said.  If I was even remotely wrong I would be embarrassed to be posting here every single day.  And like I keep saying, these small group just keep rehashing the same nonsense over and over.  5x this 10x that, EBIDTA, etc.  post something useful not what the companies says

[monty613]

like your posts about interest rate hikes, Russia, everyone being a clown, and the bear market? you offer zero value here, even from a daytrader/swing trader/technical perspective and viewpoint. you just constantly tell everyone you were right, we're wrong, and that you're such a good trader. it's useless commentary and adds nothing to this board. 

[speedy99]

Bud, for the record I did not say we are moments away from an ATH.  I said we are a hop, skip and a jump away from an all time high.  Take that as you will, and I have also suggested we are likely to see it reached within 2022, despite the current geopolicitcal events that seem to have you wound up in a knot.  If you would take a moment to study the company rather than the share

[jdsd0517]

In the movie, Bud Fox went to prison...

[BudFoxx2020]

Lol.  The fools replied just as I expected.  If I remember Budfox did get out of prison and became very successful.  Lol.  Might as well have fun since this board has turned into a joke.

[jdsd0517]

From one fool to another: technical analysis is for people that don't understand cash flow and financial statements. And no, you aren't under my skin.  People that practice the dark arts are as fascinating as those fine people camping in downtown Ottawa right now.

[HotDiggityDogg]

While I don't agree with the way Budd comes at you guys ( WELL fan club ) I have to say this ; you sound like an insider when you are so careless when it comes to share price. We are not talking a few points drop. WELL is now about 50% off it's 12 month high. That is a HUGE amount and no one in their right mind can every defend riding a stock down this much and claim to be a good

[BudFoxx2020]

Amen HotDD.  The pumping here has gone insane.  They are trying to tell us WELL is the next Amazon, Walmart, Berkshire, Constellation, Spotify, etc.  it is disgusting.  Comparing Hamed to Warren Buffett, Bezos.  Lol.  If the share price was going up and making new highs I would start buying into it.  But when share price are still trading near lows how do you

[monty613]

it's called financial statement analysis, Bud.  posters here who use fundamental analysis are buying/holding because we think the stock is mispriced and represents value over the long term. the sum of the parts of this business are worth more than the current share price. happens all the time in the markets. you should know that. I don't think anyone here is claiming WELL is the

[Capharnaum]

Why should it matter what the price was 12 months ago? Or that WELL is 50% off its 12 months high? As an investor, you have to look at the price right now and find out based on the business results and profile if that's cheap to you or not. Any investor that's past looking is bound to take bad decisions. Take Altagas, it got propped up to over $50 per share at some point and then it came

[HotDiggityDogg]

I owned Altgas in my portfolio.  If my portfolio manager at RBC kept me in that stock from 50$ to $14 I would fire him ( and that stock even has a dividend when WELL doesn't. !!)  What I said is "riding" WELL ( or any stock ) down 50%... only way that is justified in my mind is if you are an insider or you have a small investment. No one can defend riding a stock down