OTCQB:VVCIF - Post by User
Post by
skibummon Apr 27, 2020 10:56am
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Post# 30957395
Vivo popping 12%,looks like Pot stocks back in play
Vivo popping 12%,looks like Pot stocks back in playlot of whiners of Vivo, but I will stick with Claurus (who has followed Vivo story extensively), who raised target to $1.00 after Q4/19 results. (They were terrible along with every other Pot company). Raymond James called bottom in Q1 (Jan 1-Mar 31), and i agree. Q2 & Q3 were going to be stablilization/rebalancing in Pot land with maybe 10-15 legit L.P.'s coming out as winners in Q4 & into 2021. Vivo has cash on books, and I think they are cleaning up the mess left/caused by Abcann mgmt like Clement, Wilson, etc. Time will tell, and who knows the full effect of Covid 19, but will hold for the long term