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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 practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

TSX:WELL - Post Discussion

WELL Health Technologies Corp > will this or does this apply?
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Post by Possibleidiot01 on Apr 17, 2023 6:47pm

will this or does this apply?

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Questionable Investment Strategies: After a Big Stock Surge, Buy on The Second Day. The stock of a company that reports surprisingly good results will typically surge on the day of the announcement. Investors closely watching the stock love the news and add to their positions. But what about investors who are not watching so closely? They check in at the end of the day and see the stock is up 30 per cent. “Wow, that’s awesome,” they say, “it’s time to take some profit.” The next day, they, and anyone adjusting their position size, become a seller of the stock, and the price may check back five per cent or even more. But the thesis here says that’s a buying opportunity. Business at the company has clearly changed for the better, and these sellers are just taking easy profits without regard to what’s changed at the company. Many investors see a stock move 30 per cent and think it’s overdone. But more often than not, it isn’t.
Comment by Nextlegup on Apr 17, 2023 7:16pm
Good Post P.I. I'm of the belief that there will be sellers tomorrow for sure, but, more than likely, those will be the small retail investors grateful for the profits, and unaware of upside potential... Those who know the story, are more than likely institutions;the big guys, and can easily vacuum up those small offers in a heart beat... The climb today wasn't even the result of news.. ...more  
Comment by retiredcf on Apr 18, 2023 7:04am
Given that there are considerably more short term investors in the market than pre- covid, it's reasonable to think that this frequently happens to a great many companies and WELL could easily be one of them. Here's more specific info from the same source. Long and strong. GLTA I noticed there have not been any questions about Ocean MDs' new partnership with the Nova Scotian ...more  
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