RE:New Seeking Alpha ArticleWell there you are. Idiots like Felix think a 10% haircut is nothing. What an idiot. You could tell by the posters on here , they would sell....As stated many times it was a good buying opportunity...
- PTQQF shares dipped for a short time after a delayed, but ultimately clean, audit opinion created confusion and concern.
- Shares quickly ripped as more confident investors pounced on momentary selling, realized the company remains fundamentally solid and primed for continued revenue growth and margin expansion.
Shares of Protech Home Medical Corp (OTCQX:PTQQF) took a significant hit on Monday, February 1, following the unexpected halting of the stock on Friday, January 29, when the company was supposed to report its 4Q and Full Year Fiscal 2020 earnings results. Speculation over the weekend ran rampant in stock chat rooms, with many investors concerned something must be wrong with the company. After a weekend with no news, PTQQF announced strong results and noted "a delay in receiving the auditor's opinion."
That one line evidently spooked investors, leading to a quick 10% haircut to the share price. However, the shares were quickly resuscitated by eager buyers (including yours truly, and several other investors who have reached out to me via Seeking Alpha to help collaborate on stock research)