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.

Bullboard - Stock Discussion Forum Vinergy Capital Inc. C.VIN

Vinergy Capital Inc is a Canada-based investment company. The company primarily invests in cannabis companies.

CSE:VIN - Post Discussion

Vinergy Capital Inc. > $VIN buys low sells high
View:
Post by StockHawk1 on Nov 12, 2021 4:22pm

$VIN buys low sells high

Vinergy Capital, Inc. ( $VIN.C $VNNYF) is a company that acquires, explores and develops several diverse companies. Yesterday they announced that they made a 67% profit from divesting from their position in the Health & Wellness space.

While Nurosene Health Inc. was private, $VIN bought 536,000 shares at $0.90.

In June Nurosene went public and (with many exciting catalysts) has seen tremendous growth since then.

$VIN divested its position at an average of $1.51/share giving them a 67% return on investment.

$VIN is trading at $0.115 today. MC is ~$12 M

https://ca.finance.yahoo.com/news/vinergy-capital-realizes-67-return-130000331.html

Comment by Fishwhisperer on Nov 13, 2021 10:45am
StockHawk1, why do you think they sold those mend shares if they knew they weren't going forward with the 33%acquistion?