Quipt Home Medical Corp T.QIPT

it has been said many times here the reason volume is low is

[gibbonsj]

there is no interest in the stock In fact that claim is backwards. What's really taking place here is there's no interest in selling. There's an awful lot of long positions in the stock just like Westcoastlogger and most likely every regular worthy poster that takes the time to comment. To convince us that it's time to sell the narrative and optics have to be created that the sky is falling and people are running for the exit. That illusion can be fact-checked against trading volume. What we see with the low volume knockdowns is actually the exact opposite of what is really happening. When you know a given institution's holdings and suddenly there is a cross of + 100,000 shares it begs the question when did their proxies buy those shares considering that all along the respective time frame volume was so incredibly low. Real interesting question though is how many shares did they have to sell into the bid drive share price down acquire those hundred thousand shares? My guess would be 25,000

[besttobe]

[besttobe]

There were 600,000 shares sold short O/S on the venture and nastaq combined as of January 15 (short interest) when the S/P was $7.50. I assume they continued to sell short when the stock peeked at $8.37. (IE profit = short when stock price is high then cover when it is low) . The question is - How low they will drive the S/P down before covering after a possible dismil 1stQ23? My target is $6.50