OTCQB:VVCIF - Post by User
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LongTermWinneron Jul 31, 2020 9:43pm
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Post# 31352821
RE:RE:We are Professionals not Cowboys says Barry Fishman at AGM !
RE:RE:We are Professionals not Cowboys says Barry Fishman at AGM !I'd read more into the timing if the conference call wasn't on Monday. If they were looking to bury bad earnings they would do the conference call after hours on Friday as well. They had to release earnings on or before August 15th no matter what, so it seems like they chose the last possible day to release the numbers while setting up a conference call to start the following week, implying a high possibility of looking for a positive catalyst to spark a strong week.
But who knows, might have zero implication on performance whatsoever. This isn't a large cap company strategizing for volume and attention. More likely this is another quarter of steady growth that is one step closer to profitability. Big positive catalyst will be EU-GMP certification, and of course there's always the threat of utilizing the shelf prospectus, but I would be very surprised if they tap into it anywhere near these valuations, if at all.
Time will tell, but I support has been immensely strong and I think we're looking at two strong weeks of continued momentum. Good luck.