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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 kuchgoldon Nov 08, 2017 1:20pm
132 Views
Post# 26926758

RE:SP

RE:SPLots of price movement in the past while with days of the  SP drifty lower followed by rallies.....lacks some sustained upward direction which leads to people flipping the shares for a few cents.  The stock has been some what boring in terms of share aprreciation for those that have bought stock in the comapny in  the past 6-8 months......although much progress has been made in so far as  the development of the company, there is still some doubt  as to whether or not the company can execute on these recent sales orders....and whether we will see some decent income growth this quarter.  It is no different than many trading companies, we may have temporarily reached a point where the company is presently trading at fair value and therefore we need some exciting news to clearly boost the SP over the $3-$3.50 mark, hopfully it starts with some interesting tidbits in the Q3 report followed by some additional orders from the US and perhaps a listing on the big board.  I guess there has also been much interest with MJ, oil and gas, as well as metal (ie. copper and zinc) stocks for the past while which has created excitement in the market for many investors looking for some quick returns.  However, I am quite certain for those longer term investors who have more recently purchased shares in the company their day will also come where they will be very pleased with their investment in BUS.

Bullboard Posts