OTCQB:VVCIF - Post by User
Post by
skibummon Jan 18, 2020 10:11pm
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Post# 30570068
Vivo up 40+% off lows; above 20 & 50 day ma
Vivo up 40+% off lows; above 20 & 50 day maStock price run should continue as big buying coming into stock. Comp looks well set up for Cannabis 2.0, one of few comps with 1 1/2 years cash on the books ($50M), and graduation to the TSX. Poster mentioned a share consolidation and at this low price, it is a possiblility as vivo has 265 M shares outstanding but I highly doubt it. Also mgmt needs to do a better job of executing as they continually miss Q results. Mgmt has loaded themselves up with cheap shares so now is the time for Vivo to show that is is going to be a "winner" and not part of the 80% of losers...who will ultimately go bankrupt