Quipt Home Medical Corp T.QIPT

Price drop reason?

[himmler]

I've been long in this company and did some research into this drop the last few weeks.Aside from recent bad news there's something else that noones addressed.
Eli Lilli has recieved FDA Approval to fast track a drug targeting sleep apnea...if approved and successful that will hit Quip .It takes the form of a pill which will replace the traditional ventilator equiptment.
I will not hold stocks that are suffering from unknowns...and this company has many.
For that I'm out...sold.
For you all hanging on I wish you all the best.

[lscfa]

Feb 15/24 CC: Moreover, I am pleased to provide an update on the demand trends we are seeing within our sleep business. Despite the ongoing market speculation and reaction concerning the adoption of GLP-1 diabetes and weight loss medications, I can confidently report that our sleep segment continued to remain unaffected. Demand patterns continued to exhibit strengths in real time, and our

[lscfa]

Moreover, I am pleased to provide an update on the demand trends we are seeing within our sleep business. Despite the ongoing market speculation and reaction concerning the adoption of GLP-1 diabetes and weight loss medications, I can confidently report that our sleep segment continued to remain unaffected. Demand patterns continued to exhibit strengths in real time, and our anticipation is that

[Tropicalsun]

Good, glad you sold. This is a prime example of the kinds of people on this planet with their heads stuck in the sand. OMG, there has to be a pill for everthing wrong with mankind. I just really wish these drug companies good fast track a pill to fix stupid. You probably had a major anxiety attack and sold out when the news media said that these diabetes drugs could cure obesity in people. Other

[westcoastlogger]

Absolutley, fundamentally, unequivically, have to agree 136% with what Trop just posted here. Couldn't of said it better myself.

[himmler]

Try to be civil ,and as a result get bad mouthed by a pinhead who has been hanging on since $9-10 . Look I get it..sell now you lose...so hang on with hope. Well as I said good luck .Hoping and useless pumping,( which occurs here endlessly) makes you feel good. I get that too. But your in trouble if you can't understand that.Your hope doesn't change anything. As for pills I suggest some

[Tropicalsun]

What ever you say hinddlikker, I mean hommer. Bahahahaha $9-10, Ive been in since the PHM days at pennies. You probably don't even know what PHM means. Don't worry your pill is coming.

[Moemoney42]

That's a pretty cocky reply to someone when your holdings are down another 3.62% today and at another new 52 week low.. don't think the market cares what your cost base is.. and neither do the posters  here.. LOL..

[himmler]

Well kid,Patient home monitoring did quite well for me..way back then.I suppose you were still sucking on mommies titty back then. Enjoy your loss ..er...investment lol. Keep pumping..maybe that helps you kid. For your info..this is going down a lot more..and it's not just the markets in general either. Maybe you are so busy pumping ,you really don't have all the information...or better

[Tropicalsun]

It's laughable how clowns like you come out of the woodwork and bash a stock in retreat, claiming of course that you made out like the bandit in the past. What's even more rediculous is that you presume to know anything about me, especially my age. We live in a world full of uneducated morons, that shoe fits you perfectly. Pumping??? yep look over my many,many posts pumping this stock

[lscfa]

    Zepbound reduces sleep apnea but not completely thus the need to also use PAP therapy.     - - - - - - - - - - - - - - - - At a year, those with moderate-to-severe obstructive sleep apnea who were taking the medication and not using PAP therapy saw a reduction of 27.4 events per hour, compared with a reduction of 4.8 events per hour in the participants

[Moemoney42]

Agreed, I've finally unloaded my position too.. took the profits before they all evaporate, all at higher prices than its trading at lately.. I might check in a couple years to see if they have improved their profitability and created any organic growth, but this tuck in strategy doesn't seem to be the right strategy..?? IMO Good luck to those still hanging on..! 

[lscfa]

No, weight loss drugs is not the reason. It's been 2 months since it was disclosed that Quipt is being investigated for false CPAP claims. I believe it is not a company wide situation but rather confined to one of the 2-bit tuckin acqusitions. Mgmt should elaborate.