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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

Comment by graduallygetthron Dec 07, 2020 4:50pm
180 Views
Post# 32054254

RE:Nobody wants to sell...

RE:Nobody wants to sell...That's the most ridiculous statement I've read in a while. 

The price of a stock goes up when there are more people who want to buy than sell. If no one is selling, then there will be more pressure to the upside until sellers obtain a value that satisfies the trade. There were more people selling than buying, which is the case when a stock goes down. Do you understand? When more people want to sell an item at a price buyers are willing to pay the price will decrease. Economics 101. lol

Keep on pumping. 

There would not be higher than average volume without a trade, and that trade is to the downside. 

Today is a perfect example of sell the news. 

Fwiw, I would like to see something happen with this company, but until they are getting these sized orders on a weekly basis, not 5 here and 10 there, the metrics won't improve, and that's what counts. 
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