Post by
gibbonsj on Aug 01, 2023 1:09pm
with the announcement of the financials expect extreme
tug of shares. How low can they drive share price on low volume before longs decide to sell their shares on the expected bounce of the financials? Selling on that bounce would probably be a mistake in the long run but frustration levels are high so it's understandable why that would be the play.
Comment by
Tropicalsun on Aug 01, 2023 1:58pm
ummm okay, but that is assuming their will be a bounce after Q3 numbers are released. It would appear to me gibbonsj that Qipt is still in the penalty box.
Comment by
adamwill1113 on Aug 01, 2023 2:25pm
I could be dreaming but with the ATM withdrawal I think QIPT finally received the dilution message loud and clear. If they string together some strong quarters, focus on organic growth, and make acquisitions w/ cash this thing will fly.
Comment by
Tropicalsun on Aug 01, 2023 5:38pm
I would agree, but it is going to take time and they now have debt to worry about. Making aquistions a little more difficult, atleast a large one in the short term.
Comment by
Carlito3311 on Aug 01, 2023 8:12pm
This post has been removed in accordance with Community Policy
Comment by
gibbonsj on Aug 01, 2023 2:25pm
Volume is telling a different story than share price. Not once has there been a run for the exit. This is all about positioning.
Comment by
Tropicalsun on Aug 01, 2023 5:41pm
excuse me but respectfully I dissagree, we saw a run for the exit after the surprise PP with ATM attached.
Comment by
gibbonsj on Aug 01, 2023 6:10pm
Respectfully tropical: We must be looking at different stocks as I recall the worst day was around 112k. That's not a run for the exit. A run for the exit would be 2 to 5 million shares per session. Think bigger tropical. There's plus 30 million shares out there.
Comment by
westcoastlogger on Aug 01, 2023 2:29pm
Ya people betray their patience when they sell because the stock goes up a bit. They should learn to control their frustration levels and 'just say no' to selling, and wait like a crouched Wolverine to spring when the inevitable 15-20 bucks happens here. The reward will feel as good as those prime cuts in the Wolverines belly. Anything less is just guts and feathers.
Comment by
Tropicalsun on Aug 01, 2023 6:15pm
I hear what your saying, but we I have been in this name a long time. How many more years to get to that targeted sell point. I thought we were finally on our way, things just got pushed back again. Frustrating.
Comment by
westcoastlogger on Aug 01, 2023 7:07pm
Prostitution is the worlds oldest profession. Scaring the bejesus out of the weakest link in the chain to attain your desires is the second oldest profession. Me, being an obnoxious person just by my general demeanor extend the middle fingers of both hands to the ones that try to scare the bejesus out of me to get my shares. Never, ever, cave in to that bunch.