Post by
besttobe on Apr 08, 2023 9:30am
The trouble with bagholders on this site
1. They fell in love with this stock.
2. Some bought at the high many years ago, for a cost base of over $40.00 per share.
3. Some sold VMD too early, which was the crown jewel.
4. They have no clue the effect that interest rate increases have on the stock.
5 They have no clue what effect inflation has on the stock.
6. They have no clue that Quipt is unprofitable.
7. They have no clue that Quipt will have to borrow and do a equity raise in order to grow,
8. They have no clue that the CMS controls what they price there sericies for.
9 . They brag about profits yet brag about never selling a share. thus no profit realized..
10. They ignoe over 1 million short interest.
Oh well, it is what is is...IMO
Comment by
lamton on Apr 08, 2023 2:04pm
The trouble with you is that you're stting on your shorts at the low $8 not knowing how money you will lose while a few dollars has been made by some shorts at $9.50. And longs are laughing all the way to the bank in the run-up the last couple of months.
Comment by
HatrikSeLaine on Apr 09, 2023 2:39pm
Another problem with you is you lie about the ACB of $40. This completely ignores the VMD spin-off which quintupled after about a year. Nice try at spreading mistruths as you hold a giant short position. Enjoy the short squeeze!
Comment by
lscfa on Apr 09, 2023 3:27pm
PHM was at $0.30 just before the spinout of VMD. After the spinout the PHM shares settled down at about $0.10 and VMD at $2.30 (or $0.23 pre consolidation). Therefore, Quipt ops were only worth about 30% of the pre spinout entity and VMD 70%.
Comment by
lscfa on Apr 09, 2023 5:09pm
So at its peak share price PHM (pre spinout) was $40.00 (after consolidations). The Quipt portion was 30% or $12.00. I doubt there are any bagholders left because anyone who did buy at the peak of $12 had many years to sell for a tax loss and buy back PHM shares as low as $0.20 or $0.30 pre spinout, pre rollbacks. That's $1.20 or $1.80 post split, post rollbacks.
Comment by
lscfa on Apr 10, 2023 9:29am
If someone did buy at the at time high they may have averaged down with subsequent purchases so still not a bag holder. This strategy is foreign to trader scum.
Comment by
ol_griz on Apr 10, 2023 10:35am
I'm one of those who bought close to the high. And continued to average down, especially right before the split. Was sitting on a big loss but held on. Subsequently made a "boat load" as BTBQ loves to say.
Comment by
besttobe on Apr 10, 2023 11:03am
You don't buy enough for a so called boat load, nor did you make much. Plus you are a frequent trader and not a buy hold guy, like the guys I mentioned. They are the bagholders I am refering to. Gibbon's Westcoaster and Tropic...The biggest liars and the most boostful. Hope that clarifies things, as at no time did I mention you.
Comment by
besttobe on Apr 10, 2023 12:08pm
This post has been removed in accordance with Community Policy
Comment by
lscfa on Apr 09, 2023 5:38pm
Another reason to not rely on technical analysis. historical prices are not adjusted for spin outs. Throws off charts. See image.
Comment by
brentski99 on Apr 11, 2023 12:26am
Even if the price dropped to $5 I personally and I think others here wouldn.t be put in the poor house.