OTCQX:VLNCF - Post by User
Comment by
Funex4ton Apr 10, 2022 10:04pm
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Post# 34592576
RE:RE:Wow wait until financials come out Wednesday... Timbeeeeer
RE:RE:Wow wait until financials come out Wednesday... Timbeeeeer I own shares in Valens. And at the moment am underwater.
However, the chats are blaming the shorters and management. And additionally the company that just invested a whack or money to then sell and trap the rewards?
So are the people directly responsible for the share price drop even looking at the company? Or just rotating thru stocks to make money.
Mistakes have been made which is surprising considering the powerhouse of management expertise.
But I cannot see this continuing down. There must be a point that it bounces after a whole load more money is lost by the retailers who sold and a pile of money is made by the traders who manipulated the price.
Management needs to address what is happening and how they are going to get out of the present situation. They started to do that with the $10 million savings but it needs to continue and in a way that brings confidence to the market.
So yes we need to see some good solid evidence that this ship is being righted.