Q: Hi Peter, I'm looking at the WELL.TO chart and see that three times over the past half year there has been a dramatic spike in share price followed by an immediate and equally dramatic sell-off taking the stock lower than the pre-spike level. I know you don't have a crystal ball but you do have a lot of experience with Canadian small/micro caps and was wondering how you interpret this price action. Is it people who lost on the stock and are waiting to recoup some of there losses?
Do you still consider this a undervalued small cap stock? Technically, it is a basket case.
David
Do you still consider this a undervalued small cap stock? Technically, it is a basket case.
David