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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

Post by gibbonsjon Aug 27, 2021 5:10pm
328 Views
Post# 33777217

summary of my selling activity this session

summary of my selling activity this sessionBefore certain people get there s*** in a knot over me selling well at the same time telling people to hold tight I want to let you know that what I saw today is a very small piece of what I own and that this was an experiment to confirm the two opposing points of view, mine being what we're seeing in low volume trading is just eye candy for the average Joe's consumption. The big like technical posters interpret their charts to say that we are on the precipice of a large downturn trend. In all appearances it does appear that the ask is selling into the bid which is a key indicator of a downward trend however my trading today proved quite the opposite in every case the bid bought into the ask, here's how the day went: when share price hit $8.08 I put in my ask of 1,000 shares at $8.11. it took approximately 1 hour to fill that order. I then put in and ask of $8.18 again it took about an hour to fill that order. I followed that order with another 1,000 share ask at $8.25. it took about an hour to fill that order. In all cases the bid bought into the ask. This confirms the opposite of what the technical people want you to see. When the bid buys into the ask it's an indicator of an uptrend not a downtrend. That's that's the pressure in the pipe I continually talk about. I have been saying all along that low volume skews charts to whatever the serious buyers want. They have all day and unlimited resources to knock share price down with tiny 100 share purchases and sales thereby creating the illusion that we're on the cusp of a downtrend. I have also been saying that if you stay grounded and focus on the progress the company is making you will make good decisions. As trademark said there is some very serious money to be made here to that pearl I add all you have to do is follow the business's progress. The market always gets it right you just have to have patience and remember that you are the all algo. Put information in front of you such as charts supporting a downtrend and you will respond in a predictable given manner. That is the game that is being played here.
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