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Bullboard - Stock Discussion Forum WELL Health Technologies Corp T.WELL

Alternate Symbol(s):  T.WELL.DB | WHTCF

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 > does anyone else get the feeling that news has leaked?
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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...
Comment by Nextlegup on Apr 19, 2023 11:20am
Personally, I don't think news has leaked... My view is that the breach of $5 pyschological level has created interest among some investment funds. There was a great deal of consolidation just prior to the breakout above $5 and thus Blue Sky seems to appear to many to return to the $7.50-9.50 range in fairly short order. A decent string of analysts have thrown their opinions out there to ...more  
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