Post by
retiredcf on Dec 04, 2024 3:27pm
Today's Action
It's perfectly understandable that investors would take some money off the table after how well the stock has done in the past week. But if your investment horizon is longer than a couple of months, it seems like you're leaping off the train just as it finally starts leaving the station.
As a painful example, I first purchased Shopify at $35 and sold the last of my holdings at $245 after every analyst on the planet said it was ridiculously overvalued. Natually, the SP then shot up to nearly $2400.
Now in no way am I saying that WELL is another Shopify. But it certainly has the potential to double and possibly triple over the next couple of years. So I'm going to hang onto my shares. GLTA
Comment by
barneyj44 on Dec 04, 2024 8:37pm
Sunsetgrill I can top your Manulife story. I had Descartes way back in the day at a losing position, got my money back when it finally got back to around $8 so I sold. Now trading at $164 and change. We have a winner here, I have sold a few on the way up but letting the rest ride.
Comment by
sicnarf2 on Dec 05, 2024 7:10am
Yes ,I remember when John Zeckner recommended it at five bucks .