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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 > I think any rational investor has to ask themselves....
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Post by Nextlegup on Mar 01, 2023 3:01pm

I think any rational investor has to ask themselves....

does today's price move make any sense at all based on todays news?...down 18 cents to $4.32 at present.

Looks a heck of a lot more like an "engineered" move down to fill the gap, and accumukate,  than a realistic price move...

I believe the phrase "The Market is Efficient" from my finance days is absolute garbage, as often, parties behind the scenes push things around for there own benefit...and those with the deeper pockets, more often than not, are able to push things harder in the direction they "temporarily" desire..whip-sawing those shares away from unsuspecting shareholders...
Comment by DaveInvestor59 on Mar 01, 2023 3:25pm
I couldnt find any news at all that would push the stock down so much today. Seems that the winning streak of late has taken a nasty turn.
Comment by retiredcf on Mar 01, 2023 3:36pm
With all due respect DI, this is how the market works. Stocks never go up every single day. As was discussed, there is no news to jusitfy the drop and in fact the news was good. But there are lots of short term investors out there who will jump off the cliff as soon as the SP drops a dime as they want to protect their pennies. The old saying is that the market can remain irrational longer than the ...more  
Comment by DaveInvestor59 on Mar 01, 2023 3:53pm
Makes sense. Hopefully tomorrow it's back up again, or soon at least. Markets are up and down a lot these days anyhow.
Comment by SunsetGrill on Mar 01, 2023 7:12pm
Geesh - your a tough crown. It goes up 75% or so in two months and you dont get a down day. Maybe Buttcocck can expain everything again or post the same drivel 70 posts in a row. This is likely the first up-leg and now a pullback for consolidation. There are typicall three uplegs if you believe in all that.. It simply cant go up everyday. Many are likely overweight now and trimming to get back to ...more  
Comment by Possibleidiot01 on Mar 01, 2023 4:56pm
Well said , retiredcf . This is what I was saying when I wrote " Sitting on the fence, uncomfortable" last weekend. When stocks go steadily up , especially when there's lots of stock floating around , pressure builds on some investors to take profits and for others who are long suffering to sell and get their capital ,or at least some of it ,back to try somethingelse. While I did ...more  
Comment by Nextlegup on Mar 01, 2023 7:36pm
What you'll probably notice PI..Is that this company will Whilsaw in both direction...When you think it should ZIG..it's gonna ZAG as traders, market makers and institutions are in on this... Today's down draft was just what the powers that be deemed necessary to continue the methodical march up... These movements don't seem to follow Rhyme or reason, but more like a robot ...more  
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