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Vicinity Motor Corp VEV


Primary Symbol: V.VMC

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company is engaged in the production and sale of buses and spare parts in North America. It leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its electric chassis alongside J.B. Poindexter business unit EAVX, which is the Company's partner, for upfitting into delivery vehicles. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. Its geographic segments include United Stated and Canada. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp. and Vicinity Motor (Bus) Corp.


TSXV:VMC - Post by User

Comment by graduallygetthron Apr 12, 2021 4:45pm
158 Views
Post# 32981180

RE:RE:RE:Today's HIGH was $ 10.45 :>)

RE:RE:RE:Today's HIGH was $ 10.45 :>)I learned long ago that BUS is a trading stock, and fundamentals matter. There will always be cheerleaders, who will say everything they can to reassure buyers/holders, but at the end of the day a small company with a small float is easy to manipulate, and there's no real catalyst, nor has there been any, that will justify and maintain a higher valuation. 

The deep pockets buying and selling this thing know this all too well. Wait until momentum shifts, buy a little and make some grocery money. 

I was suprised it hit 10.45, and truly do not understand who is buying this stock at values higher than the current price. 
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