Quipt Home Medical Corp T.QIPT

Fighting the Shorts

[retiredcf]

Just noticed that in the first two weeks of January, QIPT had the 3rd largest increase in short positions on the VSE (from 288K to 3.5M). Thankfully, last week was a tough one for them. May that continue. GLTA

[lastpick]

Where did you get those short positions. They are different than Stockwatch.com: Short Positions for QIPT Symbol Report Date Volume Change Shares Issued % Float V : QIPT 2023-01-15 277,587 198,315 35,605,280 0.78 V : QIPT

[lscfa]

    2 weeks ending Short Sale Trades % Total Trades Short Traded Volume % Total Traded Volume Short Traded Value % Total Traded Value Avg Shs /trade Jan 15/23 1,478 24.2

[besttobe]

ISFCA wrote  2 weeks ending Short Sale Trades % Total Trades Short Traded Volume % Total Traded Volume Short Traded Value % Total Traded Value Avg Shs /trade Jan 15/23 1,478 24.2

[lscfa]

Stop using www.shortdata.ca.  That site is wrong. The bozo report data incorrectly from IIROC. https://www.iiroc.ca/sections/markets/reports-statistics-and-other-information/short-sale-trading-statistics-and-reports

[westcoastloggar]

Yes for heavens sakes those short numbers contradict all the others. You would think we were right up there with a stock like say, AQN whose short numbers are now the highest in years. Yikes.

[besttobe]

Alot of shorts for a low volume micro cap. A matter of time before they bring the price down. What do they see? An overpriced unprofitable company, adding huge debt? Hmmmmm..we shall see.  Oh my, how long will he last this time before being banned? I suppose his son caused him to be banned again. Too funny...

[westcoastloggar]

The short numbers here dont amount to a hill of beans. Dream on.

[westcoastloggar]

A debt we can handle. The lenders seem to have no problem with it. Now if it was a debt in the multi billions like a certain utility/renewable company I'm watching I would be one concerned little shareholder. No problem at QIPT.

[gibbonsj]

I think it has less to do with debt than it does the competitiveness of the dividend compared to safe secure bank and bond interest. When bond yields start to rise this really kicks in because rising interest rates are a precursor to recession and subsequent market uncertainty spelling a period of risk off investing.

[gibbonsj]

Dividend stocks like utilities typically have a rough go in times of rising interest rates. In the case of QIPT some of the shorts are nothing more than hedging others are a bet low volume conditions will return making it possible to work share price down. But financials coming in February it's not leaving much of window to cover inceasing the likelihood of a squeeze.

[westcoastloggar]

Yep Gibbons divy stocks can very rarily use the excuse of yield to support a stock when losses have been huge. The losses in a certain utility I'm talking about trump any proceeds from yield by a country mile.I dont hold any divy stocks except what are in pension funds. A certain utility/renewable is in one of my funds and I'm not happy about it. Wish it was VMD or QIPT instead.

[besttobe]

Gibbon's wrote "Dividend stocks like utilities typically have a rough go in times of rising interest rates." and that is why you buy them at a 50% discount and tuck them away for when interest rates lowered. 

[westcoastloggar]

Yep buy at 14 and its now 9.5, Gonna be a long time if ever it comes back, but there sure is lots of things to bash over there. But I know what I'll do, he says. I'll hang around QIPT and bash away over there.

[besttobe]

Now now...calm down or you will get banned again little boy.