WELL Health Technologies Corp T.WELL

This coming week CPI/Rate Hike

[LarryBird]

As I said before, there will be a promo done early in the week just like it was done ( small one ) last week but the trend is down. In absence of a Miracle on the macro level, another sell off is expected in stocks like WELL. 

CEO just prepared himself for such an event so that tells me once we break 3$ "Wall" which was heavily defended for the past 2 weeks, we will head to 2.50 or lower quite quickly. 

I will be looking to buy back in WELL at $1.75-1.90 level which I think we will reach in the next 2-3 months. 

Finally on childish posts on tax stuff, I can't believe anyone would think that a CEO who had previously sold his company, didn't " remember " to have a proper trust set up for his shares. Those who have been around the block will consider those shares already sold by CEO... promoters and airheads will think it's to do with Tax and Estate Planning. 

good luck to everyone.

[Noshortsallowed]

So Big Bird, your genius big bird brain thinks Hamed should have reported the sale of those shares before WELL had proven their track record and proceeded through that entire period with a track record of insider selling?

[LarryBird]

No, no, my hard working friend who has no clue how capital markets work. That's not at all what I said. Not going to get into another conversation with you about it but in my opinion those shares are moved out of the control of CEO to be sold ( asap) . Not for tax planning. Anyway, you should buy more. If you thought WELL was a great buy at 5$, you should love it at 3$. Don't pay too much

[Noshortsallowed]

You said he should have created the trust earlier and transferred those shares in the early stages. Don't lie, you said that. But what you fail to recognize is that in order to do so he would have had to report it and that would have been a disaster before the company had proven itself. You know nothing about capital markets I guess.

[LarryBird]

You're right. I'm wrong. This was 100% about taxes and nothing else. You are so smart. 

[LarryBird]

Just a reminder that this was you 5 months ago  ( No shorts ) Making fun of people if they sold at $7.  ...I'm not really seeing too much of an issue extrapolating a 5 billion market cap.. quite frankly some of you who say you are long but will also sell in a heart beat at $7 don't seem like "longes" to me....

[jdsd0517]

If he did his tax planning when he started the company, there would not have been any reporting.  The prospectus would have listed the trust as a shareholder, that's all. Like I said earlier, a little knowledge is a dangerous thing...

[jdsd0517]

You know that companies are private before they become public, right?  And when they are private there is no disclosure requirement? Like I said earlier, a little knowledge is a dangerous thing...

[Noshortsallowed]

You do realize that Hamed became involved with the company that was WELL when it was ALREADY a publicly listed company right?   you have a bad habit of putting your foot in your mouth while at the same time doing it with a smug and pendantic style that makes you look like an even bigger fool.

[jdsd0517]

You are a funny boy...I guess you don't like being called out for being wrong on the basics huh?  *look at me Google-ing Canadian Trust Tax Law* A little knowledge is a dangerous thing...

[Noshortsallowed]

You said he could have put those shares in the trust prior to going public and avoid the reporting obligations but what you seem to sense to recognize is that the company was already public before he had any involvement with it. Are you still struggling to comprehend that through the fog of your condescension?

[jdsd0517]

it doesn't matter shorty...however he got his shares, he could have purchased them through a trust in the first place, that's the point!... grasp much?  

[Noshortsallowed]

It doesn't work like that you idiot. It would have looked like he immediately dumped the shares the moment after receiving them. Are you just pretending to be stupid?

[LarryBird]

There is no use arguing with NoShorts. Best is to say he is right and market is wrong. He thinks anyone who would sell at below $7 is just not smart. How can you argue with that!