Quipt Home Medical Corp T.QIPT

Short report - PTQ

[besttobe]

$PTQ.V	PROTECH HOME MEDICAL CORP.	2,006,706	1,683,059	21 Jan 2021
$PTQ.V	PROTECH HOME MEDICAL CORP.	323,647	-374,843	7 Jan 2021
$PTQ.V	PROTECH HOME MEDICAL CORP.	698,490	85,311	21 Dec 2020
$PTQ.V	PROTECH HOME MEDICAL CORP.	613,179	138,993	4 Dec 2020
$PTQ.V	PROTECH HOME MEDICAL CORP.	474,186	-245,942	20 Nov 2020
$PTQ.V	PROTECH HOME MEDICAL CORP.	720,128	649,859	6 Nov 2020

[cleareye]

Do you think that shorters are anticipating a "combination" or "reverse split" to occur before the migration to NASDAQ? Reverse Splits have often led to a decrease in share value. If the company is able to migrate to NASDAQ without a reverse split then the share price should increase - probably to the tune of 30%. Based on the current value in Canadian dollars, I would say

[lscfa]

  PTQ Dec31/18 1:5 0.575 2.05 256.5   R/S Date Split ratio Price then Price now % increase    

[besttobe]

The warrant holders are shorting to lock in profits. Might cause the S/P to drop a bit but adds money to company treasury when they exercise their warrants to cover. So good and bad. Warrants expire I believe June 30th 2021. 

[ol_griz]

In other words, understood by the market and no big whoop.  In fact, not likely any whoop at all.

[besttobe]

Never said it would be a big woop, but explained the reason for the large short positions and small drop in share price. .IE  Warrant holders locking in profits through shorting. So why everyone had a hissy fit when I posted a short report is beyond me. Ignorance I guess. 

[besttobe]

Explained again.... Equity Warrants and Shorting Stock We recently received a question about warrants and short stock positions. One of the strategies that can be used profitably with warrants is to buy warrants and short common stock. This results in a short position in the common in your brokerage account. The question is can your long warrants now be used to “close out” your short

[cleareye]

Hi besttobe, Thanks for sharing the data. I see that this board can be a little touchy. I have been investing in PTQ for about 6 months. I welcome the news that they have made application to join NASDAQ. These people shorting, whether warrant holders or not, must think that the stock will dip in price. My previous post was merely asking if you think that PTQ will do a reverse split before

[besttobe]

Stick around Cleareye. Stockhouse is a pumper site and investors don't like news or data being posted that may effect thier investment. I am a swing trader, which they also don't like. All part of the game and don't take it personally. Some good info shared here and also helps in judging how investors feel. The stock is mostly held by rtetail investors and not overly sofisticated

[lscfa]

Of course PTQ is doing a share rollback to meet Nasdaq requirements but your assumption that the stock will drop is based on generalizations. What if the co announces another acquistion the next day? Rollbacks by growing co's go up. Also the current short position is risky with earnings (and next qtr guidance?) to be released shortly.   

[lscfa]

e.g.  PTK just announced it will hold a shareholder meeting in Feb. and ask for approval to do a rollback. The speculation is so co. can do a Nasdaq listing. Stock is up 17% in 8 trading days.       

[lscfa]

These people are morons. Earnings for Sept qtr to be released shortly and the Dec qtr is finished too so co. can guide with certainty.   

[besttobe]

Iscfa...you abviuosly don't understand PP warrant shorting. There is zero risk to them. Anyway...thats the trouble with warrants and why investors don't like them attached to deals. They can be an overhang when being exercised or sold when in the money.  They need to exercise them before they expire June 2021 or lose them. So they are in the money and taking profits or locking in