OTCQB:VVCIF - Post by User
Post by
M4DM4Xon Feb 08, 2019 4:32pm
150 Views
Post# 29340162
1,219,400 @ $0.92 on the Ask side...
1,219,400 @ $0.92 on the Ask side...Anyone else see that huge selling pressure at the end of the day?
This is probably the most hated stock in the MJ sector, and managment isn't doing a damn thing to change this - No plans to uplist, no plans for US markets, basically no news or PR at all from Vivo, while others are making headway or at least giving investors an indication that they haven't made a mistake.
Between Nov 2017 and Nov 2018, Vivo didn't really dip below a buck and when it did it was bought up. So what does this mean? It means EVERYONE who bought in during this period is currently underwater, and so every pop will be met by people selling to get out of this turd company.
Everyone always ignores market sentiment, and clearly in Vivo's case, sentiment is negative - Why wouldn't it be?