Premier Health of America Inc V.PHA

Predictable January outcome

[Torontojay]

I saw this one a mile away. Tax loss selling in November/December created a nice upswing in January for those that purchased after 30 days of disposition date. 

Small caps will probably see a meaningful lift in price for good quality companies. Who knows what happens after that. I think this year we're going to see some volatility in the markets. 

Sell and buy back lower? Hmmm

[colourama]

It sure is nice to see an upswing in the share price. I'm not one for trying to play around with timing, so I'll be holding rather than timing a buy/sell. I'm cautiously optimistic that their Q1 2023 results in a few weeks will be relatively good. GTLA

[Torontojay]

Its interesting to note that other healthcare companies, Quipt and Well have also rallied hard in the past month. Healthcare stocks have been unfairly punished in 2022. I think Premier Health is easily worth over $1 in good times. I wouldn't be surprised to see it at $2 or higher over the next 5 years when things normalize.