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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Bullboard Posts
Post by Tunee70on Apr 14, 2015 6:54am
298 Views
Post# 23626314

Bought deal

Bought dealIts always hard to say what the market will do because its rare to see a $36 million bought deal have $90 million in demand, which makes it oversubscribed even though it was upsized.  Anyone who couldn't get in has to buy in the open market. $1.50 is the middle of the bollingers so i think it is priced fairly right around the moving average.  Even if you bought at $1.70 the warrants are accelerated when the price has stayed over $2.20. if your scared of the warrants, which i'm not, you're up $5 grand for every 10k shares you own by that time.  I find it hard to believe people can play with the price of such a liquid stock as some people suggest, maybe when it was 40 cents and traded 200k share, not when it can trade over 10 million a day. Short term will never outweigh the long term here, enjoy the ride.
Bullboard Posts