Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Vibe Growth Corp C.VIBE

Alternate Symbol(s):  VIBEF

Vibe Growth Corporation is a Canada-based vertically integrated cannabis company. The Company is engaged in evaluating, acquiring, and developing cannabis cultivation, distribution and manufacturing assets and retail cannabis dispensaries, in the United States. The Company operates through five segments: Dispensaries, Cultivation, Distribution, Real Estate and Corporate. The Company, through... see more

CSE:VIBE - Post Discussion

Vibe Growth Corp > True Story - Prophet, Dust Pan and a Bag of Worthless Shares
View:
Post by davgro on Mar 10, 2022 12:00pm

True Story - Prophet, Dust Pan and a Bag of Worthless Shares

Sampic, I wouldn't bother wasting your time trying to reason with TheIdiotElijah.  He has made one of the worst investor mistakes and fallen in love with a stock.  He is so far underwater on his cost base that he holds out any hope of the stock price going up while the stock continues to fall in price.

He became a Vibe shareholder through his sizable holdings in Ventura Cannabis (VCAN) when Vibe bought their assets at pennies on the dollar.  By his own addmission he owned 200K+ shares of VCAN before the transaction and took a major haircut when Vibe bought them out.  The ACB of his Vibe shares after the transaction were around CAD $ 0.85. He is probably down 90% from his original VCAN purchases and continues to endlessly pump the stock in hopes it will appreciate.

After the transaction the shares rose to $1.45 in April 2021.  I was a VCAN shareholder and sold all my VIBE shares between $1.10 and $1.40.  I told members on the board they should sell but the Prophet kept touting the shares were underpriced and would reach $5 by Xmas.  Many relied on him and Beacon Securities ridiculous target of $ 2.60 and are still holding.

Now they are all sitting holding a big bag of worthless shares.  The Dust Pan has been catching the falling knife all the way down buying in the 60s, 50s and just this week at 0.295.  They are both delusional about the value of this stock and the company's potential.

Save your energy and post elsewhere where your opinions will not fall on deaf ears.  I left this board many months ago but decided to revisit today when I saw that Vibe hit another 52-week low of 0.28.

I have enjoyed reading your posts and its refreshing to see that there are investors out there who really understand the cannabis sector.  Good luck.
Comment by Sampic on Mar 10, 2022 12:05pm
I think unlike dustpan he is sincere I think we were all expecting legislation from Dems but if we don't get it he dustpan and hardon are going bust with vibe
Comment by TheProphetElijah on Mar 10, 2022 12:12pm
Vibe is profitable without legislation, like HBOR, NGW, Gold Fora etc. Hence Hadron's strategic move Legislation is icing on the cake.
Comment by davgro on Mar 10, 2022 12:28pm
Dust Pan who acquired the handle "The Asshat" when I was on this Board is just a 58-year old Stockhouse troll who works the McDonald's drive through and lives in his elderly mother's basement.  Just check his post history and you will see.  He posts useless information and torments cannabis investors on the Hexo, Cura, and Tilray boards while his prize investment Vibe ...more  
Comment by raptor0 on Mar 12, 2022 3:05pm
I appreciate your perspective and do agree that taxes are an important issue. Despite the unfriendly tax environment in California however, Vibe has proven that their dispensaries are profitable, exclusive of the cultivation side of the business. I do agree that illegal cultivation and sale cuts heavily into market share, but would argue that there is always a portion of the population that ...more  
Comment by dileas48s on Mar 13, 2022 7:59am
April 30th is the deadline.
Comment by raptor0 on Mar 17, 2022 10:39pm
Thank you.
Comment by Sampic on Mar 19, 2022 10:18am
You never know there is a sucker born every minute Prophet might be right about a buy out hell even a broken watch is right twice a day.In my experience however if it looks like shite and smells like shite I don't need to take a bite to be sure it's shite.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities