Viemed Healthcare Inc VMD

FDA says faulty Philips device reports accelerating as CEO d

[TheeRook]

Still   using these?

The U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep apnea machines had risen in the past quarter, underlining problems facing the Dutch company



https://www.fxempire.com/news/article/fda-says-faulty-philips-device-reports-accelerating-as-ceo-departs-1099307

[aswall2]

Thanks ! 1- There was no gap to be filled 2- I am glad that the drop today was an external cause 

[Carlito3211]

Of course there was a gap to be filled from the large rise 5 weeks ago. Look at the chart. Gaps like that will eventually be tested before resuming an upward trend. Just because its not a gap from a few days ago doesnt mean it wont be tested. Its like the double bottom. It will re test itself. It always does and a large  trend up like we had will not continue forever even though some people

[Carlito3211]

Thats why smaller gains and smaller corrections along the way are always better than the monsterous big green days. You just know there will be a monsterous big correction to snap you back to reality..It never fails and I've been doing this for 45 years.Stay long and buy the dips bro.

[LongTerm3]

On the last call, they said they have vents available from other companies. This is a non issue for Viemed.  Other companies may have some issues. Viemed bought inventory.