WELL Health Technologies Corp T.WELL

Continuing Support

[retiredcf]

Well Health shares have been lagging expectations lately ( at least mine. ) I'm holding a position and feel longer term will improve share price.
What I am wondering is if the shares at current pricing will be further pressured by tax loss sellers? 

With the stock down 60% from its highs, it certainly could see some tax loss pressure. But we continue to see it as attractive for longer term investors, especially at current depressed valuation levels (or lower if tax loss drives it lower). It has done a good job with acquisitions and continues to grow. It is becoming more profitable and we think is well-managed. The sector outlook should be good as the healthcare system digitizes. Valuation at 14X earnings is good. (5iResearch)

[Noshortsallowed]

It's not like WELL is an outlier of losses. There are plenty of other stocks (that probably don't have same upside potential) to choose from that may be more prone to be selected as a sacrifice to the tax loss gods. Here's hoping. GTLA