VIBE Investors Learn Another Hard Lessondavgro - (12/5/2022 10:10:54 AM) wrote: This is total market manipulation of a microcap stock, nothing more. I hope anybody who was still holding from the VCAN days got out while there was some volume and crystallized their loss before YE. VIBE will probably close today sub $0.20, maybe as low as $0.15 and will drift back to 52-week lows again before YE.
VIBE sadly closes at C$0.14, the low price for the day and below the closing price of just two days ago. This is even below the closing price prediction I made earlier today when it was trading at C$0.28.
As I said this morning, it was obvious that today's trading was just manipulation of a microcap. I hope that smart investors sold and took their losses first thing this morning while volume and price was high. Unlikely you will see this high daily volume moving forward.
I stick by my statement that we will still see new 52-week lows for this stock by YE or in early 2023 regardless of the NCIB.
VCAN 2.0