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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 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

Post by fergus2on Jul 15, 2021 2:11pm
256 Views
Post# 33553174

Re my post July 12 10.15 PM.

Re my post July 12 10.15 PM.
The only thing in that post I would correct is that the Nasdaq delivered too soon on listing QIPT. There are lots of moving parts in a plan and when sequencing the individual pieces, things can often go awry.  But the fundamental story never looked better, even during the plunge to $6.80 and lower Cdn, - noting particularly, that the company raised a substantial amount of cash with the warrants to add to the oodles of cash already on hand and, - Crawford and Mehta had plenty of time to scout only the choicest acquisitions. Hell, most of us wondered what they were doing all this time! For that, excuse our impatience.

Yes, QIPT plumbed quite a low, but to have the” balance right adjusted,” I would expect a similar excess, topside.  These technical imbalances are like a flaw built into to the process, -only able to work themselves out by a similar madness on the other end of the run. As added explanation I refer to that old saying, “It runs in the blood like wooden legs.”

So I’m raising my call on the upside from $10.00 to $12.00.  

GLTA

Fergus2     

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