Quipt Home Medical Corp T.QIPT

We are again

[Trytobelong]

in an uptrend on daily basis... we just sit on 50 MA

[besttobe]

Trytobelong - (4/29/2022 3:45:09 PM) We are again in an uptrend on daily basis... we just sit on 50 MA How do you define stupid?

[Trademark11]

Ahhh, noooo, it is still in a downtrend until it breaks $7.40 CAD, which is the last medium term reaction high.  Long way to go....

[Trytobelong]

Agree with you Trademark (for the reversal)... but we have initiated a beginning of an uptrend March 8 (low) March 11 High), March 25 (new low higher) and april 26 (new high higher)... but now we are below 50 MA daily... beurk !

[besttobe]

Maybe stop lookong at charts and look at the business? It is an unprofitable roll up in a gov't requlated pricing industry with rising inflation and interest rates plus effected by supply and labor constraints in a highy competitive market, where the MGT is overpaid.  Not a good mix...IMO GLTA

[gibbonsj]

I think everyone has bought into the notion that very good days lie ahead. This explains why nobody is selling hence the low volume that is skewing your charts. The only reliable measure in low volume situations like this is company performance, that's the ball to keep our eyes on. The rest is just trading nonsense intended to frustrate.

[Carlito3311]

This post has been removed in accordance with Community Policy

[gibbonsj]

Interestingly enough covid was a boon to companies like Shopify who are now retreating whereas covid had a negative impact on companies like QIPT. The tide is definitely turning. As we come out of covid opportunities abound. The best times are yet ahead for this well positioned well managed fast growing company. I am quite pleased with my investments in both vmd and qipt.

[besttobe]

Gibbons wrote :  "covid had a negative impact on companies like QIPT". Covid did not have a negative impact on Quipt. They raised millions during covid and the stock price went to $10.00. Where do idiots like Gibbons come up with this C-rap. Look at that chart and read the news. IE do your own DD to get your facts straight, instead of listening to idiots like Gibbon's

[sebraz]

The biggest impact Covid had was for QIPT to raise cash and get a wack of free money from the government. Then the other boon of many putting money to work raised all tides, including QIPT. It looks like the after affects of the pandemic - ie supply chain disruptions and limited doctor access has been and continues to be a disruption for many in the DME space hence why the continued consolidation

[Tropicalsun]

Actually according to the latest seeking alpha article put out yesterday, the earliest conversion date is August the 9th.

[Carlito3311]

This post has been removed in accordance with Community Policy

[Trytobelong]

The way that the stock is trading today... maybe it will be later tahn Aug 9 th... Down pressure with lot volume! Hope not

[Carlito3311]

This post has been removed in accordance with Community Policy

[checkup]

So okay...the word "annoying" keeps coming to mind...

[besttobe]

Good post Sebraz. The wild card is whether they get increased bank financing or not and how much. Thus the possible need for a possible equity raise. We shall see...

[Trademark11]

Agreed.  I'd watch closely for a rapid appreciation in share price on minimal news.  Both VMD and AHCO have broken out of head and shoulder bottoms with the former 5% away from acheiving the PT.  The sector tends to lead movements in QIPT, which is interesting because QIPT is the strongest of the three companies

[besttobe]

Trademark wrote"The sector tends to lead movements in QIPT, which is interesting because QIPT is the strongest of the three companies" Quipt is not the strongest of the three companies. Period.  Thus the share price. Quipt has zero bottom line. 

[sebraz]

Lets forget about the fundamentals conversation for a moment. Looking at the past 2 large Quipt retracements, the price went down to approx the 23.6% level (top-bottom). If history rhymes the 23.6% retracement level for this current leg would take QIPT to approx $6.00. Measuring from around 5.50 to 7.15, the 50% retracement will be 6.40.  RSI and Stochastic are diminishing and usually QIPT

[sebraz]

starting to nibble back in...too soon?

[besttobe]

sebraz - (9/1/2022 10:39:59 AM) RE:RE:RE:RE:RE:RE:RE:RE:We are again starting to nibble back in...too soon? Too soon. IMO Wait for the terms of the new debt which should be announce shortly. IMO It should be announced just before the final conversion of the debentures. If anything, for now stay short, other than the trader and short covering that should be a green day tommorrow

[Carlito3211]

Probably wouldn't hurt to start getting in here. Always good to buy the dips and just hold on for a while. You will do well and your patience will pay off with the inevitable upcoming acquisitions and inflation starting to moderate. This is life with being invested in growth companies.