VIBE Reality CheckTheProphetElijah wrote: WAY undervalued and over sold now.
Don't think so.
Zero market reaction to today's news of Vibe's California cultivation expansion. The purchase price of the land parcel and the building of the 3 x 22,000 sq ft greenhouses is USD $ 8.4 million to be spent in Q3 2021..
It is obvious that the share price has been walked down over the past 2 weeks. I anticipate that we will see another round of financing shortly, probably in conjunction with the release of Q2 financial results. That will probably knock the share price down into the mid to low $ 0.40s.
Glad I sold all my 1st tranche (including exercise of warrants) between $1.10 and $1.40.
When it comes to analyzing the markets, technical and fundamental analysts are quite often at odds. There is one cardinal rule of investing upon which they can all agree: That you should never fall in love with a stock.
This definitely feels like VCAN all over again especially when you read the daily irrational pumps by Duster 340 and ElijahTheIdiot. Thank goodness that Brentski the CEO has decided to remain silent other than his theories that CVHIF is about to rebound and be a major market player. Lol