Just A TheoryI have long been in the camp of strategic buying spree's with Qipt shares. Some may have noticed that when institutions are buying up stock, they hit the ask until the desired amount is reached. They then let retail take over, which we have seen right, the SP begins drifting lower once again.
The million dollar question, when does this pattern change? My view, anyone with half a brain knows that microcaps and smallcaps have been out of favor for a long time, probably close to a year. When was the last time that happened? Probably covid driven, healthcare stocks are definitely not in play right now. These analyst's and institutions have all the people and resources to get a huge jump on all the right information, at the right time. They know whey before retail low lifes when big money is leaving a sector, and when it is returning.
So I believe this pattern will continue until big money returns, especially in healthcare. It also most likely explains why many companies are not getting the deserved reaction from really good news release's. This pattern will correct one day as it has before, I just wish it would hurry the frick up, as this has gone on too long already.