RE:RE:QIPT and previous reverse splits PHM was trading at $0.30 before VMD spinout. After spinout VMD was trading at avg $2.31, PHM trading avg $0.17...... 5 years later VMD is up $11.21/$2.31 = 4.85x.....QIPT is up $8.00/20/$0.17 = 2.35x.....2.35x over 5 yrs => 18.66% compound annual growth rate
Carlito3311 wrote: VMD was the winning horse. Every sensible person following the company at split immediately sold PHM remainco/PTQ and rolled everything into VMD. Only the sucker/lunatic crowd stayed long PHM. Hence the current bullboard. It will be tough sledding for QIPT...they have to buy all of their growth. The market doesn't like low ROIC businesses with non existent organic growth.