Post by
retiredcf on Apr 18, 2024 9:38am
Declining SP
Why does QIPT keep hitting 52 week lows? Their recent earnings appeared to be decent. Is it time to sell this one?
There has been no news on QIPT in more than a month. Small caps continue to struggle a bit. Having a small company based in the US and trading in Canada also is not something investors are used to. Though growth is expected this year, it is not cheap on a valuation basis. Last quarter results were decent, but most of the growth is via acquisitions and not organic. We would consider it 'OK' today. We would be reluctant to sell after a steep decline with no solid reason. (5iResearch)
Comment by
westcoastlogger on Apr 18, 2024 9:53am
Sale in progress for 15$/share??
Comment by
westcoastlogger on Apr 18, 2024 10:01am
Maybe 12$ but no lower. I wouldn't vote for anything less.
Comment by
Moemoney42 on Apr 18, 2024 10:19am
LMAO.. its nice to have dreams..!