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Bullboard - Stock Discussion Forum WELL Health Technologies Corp WHTCF


Primary Symbol: T.WELL Alternate Symbol(s):  T.WELL.DB

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 > I've lightened my position in WELL again...
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Post by Nextlegup on Jul 10, 2023 4:14pm

I've lightened my position in WELL again...

I looked on the insider trading reports a week ago and notice some insiders selling WELL shares again...

If this company is such a table pounding double...Why the insider sales? Margins to contracting? Perhaps a couple of laggard acquisitions they are still trying to turn around?

I'm sitting on about 10% of the WELL holdings I once had and redeloyed to O&G over the past few weeks as markets are anticipating a nice bounce in O&G companies. in Q3. If WELL shows some decent financial numbers for Q2 I'll be back buying, but at this point, a few questions are being brought to mind with the current weakness in WELL...

GLTA
Comment by Victor1039 on Jul 11, 2023 8:22am
If you're talking about the SEDI June 21 insider report, it was an exercise of rights and subsequent sale of a portion (20%-50%) of the shares purchased usually done to cover or partially cover cost. After the exercise of rights to purchase shares and the partial sale all participants ended up with larger holdings than they held before. In fact, Fong acquired 24,282 shares and did ...more  
Comment by Nextlegup on Jul 11, 2023 9:08am
Hey Victor Thanks for the note...and yes, agreed.. I certainly give credit and understanding to insiders who methodically disperse their shares upon excercise of warrants' option etc...but still take it as a negative. Analyst are prognosticating some significant upside targets...so I look for activities and actions within the company to support these views... WELL showed another loss last ...more  
Comment by BudFoxx2020 on Jul 11, 2023 9:35am
If you are going to tell a story don't put a spin to it.  Eva Fong and management all exercised their rights or options at $0.  $0.  You only do that when you are planning to sell.  This is why I don't like the way management manipulates NRs and PRs over and over.  They put out an NR about NCIB or buying back shares, while all insiders are excercising thier rights ...more  
Comment by SunsetGrill on Jul 12, 2023 10:32am
Poor poor Buttzcox. Maybe take some of your own advice and if your going to tell a story dont put any sping on it. No spin on your post. LOL. You only do that when you are planning to sell. (SPIN) This is why I don't like the way management manipulates NRs and PRs over and over.(SPIN)  They put out an NR about NCIB or buying back shares, while all insiders are excercising thier ...more  
Comment by BudFoxx2020 on Jul 12, 2023 10:47am
This post has been removed in accordance with Community Policy
Comment by SunsetGrill on Jul 12, 2023 11:08am
The ones that say I'm retired and dont own any stock but contantly feel the need to  comment on a stock and a market he claims not to own. You know the ones you get inside a cereal box. No spin on your posts LOLOLLOL  - you are the Whammo yo-yo 
Comment by BudFoxx2020 on Aug 01, 2023 1:03pm
Posted on July 11.  It really is not rocket science.  
Comment by SunsetGrill on Aug 01, 2023 1:07pm
lol no its healthcare and over a double is simple mathmatics lolol
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