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Top Investor Details Short thesis for WELL Health Technologies

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Michelle deBoer-Jones
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Grizzly Research shared a presentation at our Contrarian Conference, hosted in partnership with Breakout Point and the Contrarian Investors Podcast. Grizzly's Siegfried Eggert talked about WELL Health Technologies (OTCMKTS:WLYYF) (TSE:WELL), which they believe to be a "toxic roll-up." The stock tumbled more than 4% on the Toronto Stock Exchange and almost 2% over the counter in the U.S. after his presentation.

Q1 2021 hedge fund letters, conferences and more

WELL

Grizzly thinks WELL Health is a “toxic roll-up”

Eggert explained that WELL Health is a $1.5 billion Canadian firm that draws comparisons between itself and Warren Buffett and grows via "aggressive acquisitions." He believes investors were "aggressively misled" and found multiple...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.