Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

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

Quipt Home Medical Corp > it has been said many times here the reason volume is low is

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Comment by besttobeon Jan 30, 2023 2:37pm

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Post# 35254543

RE:RE:it has been said many times here the reason volume is low is

There were 600,000 shares sold short O/S on the venture and nastaq combined as of January 15 (short interest) when the S/P was $7.50. I assume they continued to sell short when the stock peeked at $8.37. (IE profit = short when stock price is high then cover when it is low) . The question is - How low they will drive the S/P down before covering after a possible dismil 1stQ23?

My target is $6.50 for now. Will be interesting to see the January 31, 2023 short interest reports. I assume the short interest will be much higher. Those that took a profit at over $8.00 were smart. IMO

GLTA

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