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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 26, 2017 6:52pm
135 Views
Post# 27034634

RE:Who is dumping?

RE:Who is dumping?It is obvious that there are more sellers than buyers .... reason for  drop in price.....could there be other reasons other than tax loss selling by investors who bought at the high or the opportunity cost of holding the stock (ie. missing out on quick returns lately in the MJ sector)..what about an institutional investors booking profits before the year end,...early investors who want to take profits and hold cash,.... general market expectations going forward,... impatient investors,... unhappy investors with the progress of the company regarding sales/profits,...lack of confidence in management to deliver, ...some short selling,...a large potential investor trying to shake the tree to steal some cheap shares... can we add to the list.... the point to really consider is ...has anything dramatically change regarding  the viability of the company going forward...
Bullboard Posts