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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 29, 2017 1:31pm
141 Views
Post# 26873545

RE:RE:RE:RE:BUS auditor resigns Sept 25th....WHY??

RE:RE:RE:RE:BUS auditor resigns Sept 25th....WHY??
Since the SP ran into the $3.00 resistance level Oct 11, the stock has closed twice on an uptick, once flat and nine times on downticks, dropping 13% in that timeframe. Evidently the market is predicting the company Q3 financials didn't knock the ball out of the park. I expect SP to continue to weaken, hitting support levels in the $2.50 range, maybe even tomorrow, at which time this basher/trader will pick up some shares for flipping purposes. The real test will be whether the support level holds or whether it becomes the new resistance. In that case, $2.20 becomes the new support. The CC will be interesting. Will there be the usual 'everything is rosy' rhetoric, as presented here by the pom-pom wavers, or will there be a more realistic slant with maybe even some surprises. Very scary, kids. AhOOOOOO.
Bullboard Posts