Hello They, Thank you for the advice. That is good point you mentioned. I currently do not have any China stocks. I will look into your 2 recommendations.
WELL will probably be at $80 by year end but the buyer may exercise for the divy before then. At least you'll have gained $22 per share effectively giving you a 67% gain for the year on that one or 77% if they don't exercise and you keep the divy. I also have WELL, but not as good as a price as you. Tried to get my wife to buy 1,000 shares of it when it kissed $25, but she wasn't having it. Unfortunately I got in WELL in the mid 40s. (I think my average price is around $43 or $44), but it's in my long term account where I don't touch a stock I've bought for at least a few years.
Stocks are a lot like clothing. They are in style for a while then no one wants them, they want the new style. Keep that in mind.
I like WELL too. But while researching others stocks, they took off on me. Good company, didn't expect price to go up so fast. I may get some now and some later.
Hello Cabin111, I am curious to why you purhcased WELL. They are up nearly 100% since bottom at $25. Thanks,
I mentioned it to him on his thread on March 12, that day we had the wild drop from $52-$39 then back up to $45. He probably put it on his watchlist. Wish I would've waited another week, but when I saw that dip that day to sub $40, I panic bought @$43.0451 average(price went up to fast for me to catch it). When the price rose to $45, I mentioned it on here. https://www.elitetrader.com/et/thre...-today-rvt-enb-hig.341360/page-2#post-5034300
My thoughts; demographics, dementia, the ageing population, people wishing (if they or their kids have the money) to place them in a nice facility, safe/clean/well run locations, paying a fair dividend (before this crash)...Means they believe they could sustain a dividend (even if it gets reduced), once the virus threat leaves or a vaccine/flu shot arrives, many will look to move there, credit is cheap, good value at that price, three of the last four quarters they beat earnings estimates, a high of $93.+ for the year (what do experts know that I don't know), etc. Amun (i believe) you were the one to turn me onto them. I did my research and made the move. It still could fall flat on it's face, if the virus (or another one) comes around big time. Time will tell.