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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Comment by gibbonsjon Apr 13, 2021 8:00pm
157 Views
Post# 32990227

RE:Why would anyone

RE:Why would anyoneThe only thing  about PTQ that has changed for the negative is our perception. The Company has made impressive progress but that is forgotten by longs and likely not known to new blood. The interesting question is what was it that changed our perception? Most can't put their finger on it but it's so in our face that we don't see it because we're looking for complex explanations. This stock has been traded by experienced traders to a large extent funds and some day trading. Low volume makes it all too easy for them to knock down sp 3 or more sessions a week. All the while other stocks and crypto are hitting new highs so we're also dealing with a case of market envy, But here's the thing. PTQ responds very well to news and every event like an acquisition and such takes us to a new and higher trading range. The last event it was overbought up to 2.54 when the next notch up should have been in the low $2 (2.08 in my mind?) range as such price appears to be correctly settling into that range. Low volume being the bane of  small caps combined with the well known dine and dash mind set of the Venture Exchange along with recent NASDAQ uncertainty are naturally taking their toll. How could they not? PTQ does not trade in a vacuum however, the Company continues to perform and achieve important milestones and there is no reason why it won't continue to do so for a number of years. While it's frustrating to watch on a trade by trade basis the graph is nonetheless slanted decidedly to the right upper corner and that will be recognized when we show a positive eps for multiple q's. I was a bit disappointed that management decided to take on the expense of opening 2 new locations because those locations will need support for a year and that means cash burn at a time when crossing into sustained positive eps is what is needed to pop sp however, that is the difference between shareholders and managers and it speaks well to Mr. Crawfords commitment to do what's best to grow the Company. In the long run growing the Company is also what's best for shareholders.
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