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Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEVMQ

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. Its geographic segments include United Stated, and Canada. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp., and Vicinity Motor (Bus) Corp.


TSXV:VMC - Post by User

Bullboard Posts
Comment by PruneFaceon Oct 10, 2017 12:04pm
139 Views
Post# 26794805

RE:RE:RE:im thinking

RE:RE:RE:im thinking
Smithwicks wrote: If/when their is a cash raise it’s for all the right reason as it’s to grow the US assembly which is more than 10 times the size of the Canadian market.  Can you not trust management yet to make the best decision for shareholders.  They own over 40% and all bought in September.  Do you think they would not bring in strategic funds with long term outlooks.  Sometimes dilution is necessary and with a shareprice of 3$ it’s not significant imo . If a raise gets done it’s not a big deal.  Traders sell here at 3$ and now want to get back in at 2.60.  


Sez the guru who once stated that the company would NEVER do a placement. Now if they do one, it's not a big deal, not significant. Maybe you should actually read some of the 'educational' garbage you post here. And yes, I look to re-purchase my trading position in the $2.53 range, not at resistance levels. Just like the last few times. 20% per quarter ain't too shabby. Buy and hold is an obsolete concept.
Bullboard Posts