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Bullboard - Stock Discussion Forum Vibe Growth Corp C.VIBE

Alternate Symbol(s):  VIBEF

Healthcare
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 > Sustained Buying Momentum for VIBE
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Post by Duster340 on Dec 07, 2022 3:14pm

Sustained Buying Momentum for VIBE

Its nice to see sustained buying momentum and price appreciation in the stock today.  VIBE investors are seeing a 15% gain today after a 14% gain yesterday, and on another RED day in the overall market where the pot stocks are getting hammered.

Are investors finally realizing that the stock is oversold and under valued ?

GLTA
Comment by TheProphetElijah on Dec 09, 2022 1:24pm
I Guess no company buying, they were suppose start today according to the PR.  If they don't want to buy in the teens then what price?
Comment by davgro on Dec 09, 2022 2:32pm
Excellent question.  Why is there no buying ?? Even if you use a high daily trading volume of 10K shares, which has rarely happened in the past 3 months, it would take 560 trading days for the company to buy back 5% of its shares under the NCIB. Under the NCIB buy backs could start today, December 9th and last for a period of 1 year. They are not off to a very good start based on today' ...more  
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