Quipt Home Medical Corp T.QIPT

Reasons for delay in Year end reporting - article

[besttobe]

Why Do Companies Delay Earning Releases? (investopedia.com)

[Desi2019]

Thanks but this is just a cookie cutter response. No added insight.

[besttobe]

Not a cookie cutter response, but logical. The company is loaded with money, and can pay its bills including auditors. The only reason for the delay is the F/S aren't ready. Period. 

[besttobe]

If a company announces that it is filing later than expected, investors may take this as a sign of a negative earnings surprise, and a sell-off may follow. Price reductions can be further enhanced by noise traders and technical analysts who may follow those who are selling their stock.   One possible winner in this scenario is the contrarian investor — an

[brentski99]

Another reason for the halt is that they may be in the process of converting their report to USD which can throw a lot of people off. Good time to convert now with a higher CAD

[besttobe]

That was a good trade.....thanks to you novice noise investors that paniced.  If a company announces that it is filing later than expected, investors may take this as a sign of a negative earnings surprise, and a sell-off may follow. Price reductions can be further enhanced by noise traders and technical analysts who may follow those who are selling their stock.