Comment by
Stocker46 on Jan 23, 2023 11:00am
While QUIS has considerably higher revenues, they are still losing money. Almost 700 employees, much lower gross margin, almost double the shares, & IMO much less potential.
Comment by
EdinColorado on Jan 23, 2023 3:40pm
But Benchmark just raised Quipt target price from $9 to $10 U.S.. What matters is that someone is promoting this company and taking it seriously outside themselves. You can do all the detailed fundamentals you want to, but perceptions drive momentum which drives stock price. One cannot predict how tha public is going to act, and it is often from feelings.
Comment by
theinvestor22 on Jan 23, 2023 11:01pm
These companies don't have a lot in common. It would be better to compare QUIS with something more like itself. In terms of promotion, I'm all for it when the fundamentals aren't reflected in the price. It's ok to do it any time with Reliq, but for maximum effect a few quarters from now might be more effective.
Comment by
Stocker46 on Jan 24, 2023 10:19am
I agree theinvestor22. Posted mainly because it seemed like an illogical comparison with not much thought behind it. This was from 5iReseach Q&A. They say QUIS "is so much cheaper" but it's SP is 20% higher .. not sure what metric they're were using & not sure why they would they post it on the RHT board?