Quipt Home Medical Corp T.QIPT

Ifsca; I'm not so sure you "found it"

[gibbonsj]

"It" being the reason why sp has pulled back. Sidoti Conf was March 24/25. Are you thinking it took the market 2-3 weeks to respond? Volume and sp action after Sidoti was very favourable, was it not the  begining of the longest sustained OTC volume run in our US side history?

I think the answer is so much simpler, sp got ahead of itself and low volume unil approx 11am session after session made it all too simple to knock sp around and in many cases end the day with a sell signal. Besides VMD has been pulling back as well.

[lscfa]

You misread my post. The question was about quantifying the impact of an increase in oxygen reimbursement rates. The answer by Crawford in the Sidoti Conf. was a few hundred thousand dollars. Using his own no.s it could be closer to 1/2 million dollars. Also, he did not mention that private insurers usually follow CMS' lead.   23% oxygen x 40% medicare x 5% rate increase x ~ $100 mil/yr

[gibbonsj]

You know I respect your dd and attention to detail. I took your post out of context and wrote all of what I posted for nothing? Too funny but not a wasted effort because it brought me back to why I have not sold.