Post by
monty613 on Apr 19, 2023 10:55am
does anyone else get the feeling that news has leaked?
incredibly strong buying pressure since December. maybe the market has just woken up on the name, but part of me feels something is coming - like M&A, a sale/spin-off of a piece of the company, or something else material.
Comment by
jabez3 on Apr 19, 2023 10:59am
no idea of course, but i am loving this action! actually getting to within a buck of my breakeven. woo hoo!
Comment by
brandinvestor on Apr 19, 2023 11:12am
My theory is that they're buying their own stock back before they make an annoucement. There's also been a lot of news covereage lately on WELL. It's been a hell of a ride though, hopefully the movement continues in the right direction and I hope the single board member who did sell their shares regrets it!
Comment by
Nextlegup on Apr 19, 2023 11:26am
I can't see them spending money to buy their shares back... At some point down the road, with a higher share price, I wouldn't be surprised to see them do another financing to snap up some big fish and accelerate growth...