Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Vicinity Motor Corp BUSXF


Primary Symbol: V.VMC Alternate Symbol(s):  VEV

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 Jan 13, 2021 10:23pm
81 Views
Post# 32291568

RE:RE:RE:RE:BUS is part of the pumping up game

RE:RE:RE:RE:BUS is part of the pumping up gameThe company doesn't have sales, it doesn't have pending sales, the sales from 2 years ago is what the CEO hopes will make a great quarter, and if you read on other boards there is total misinformation. People are claiming that BUS has orders for 90 buses in the U.S. The same people are spouting claims of weekly orders. 

It's this sort of b.s. that keeps me on the sidelines. Again, this isn't investing, it's gambling. Once they have secured sufficient sales contracts then the company will become an investment, but to buy now is to sustain a fantasy. GPV is not comparable b/c it's in a make or break situation of its own. 

It's herd mentality that's pushing the stock higher, which works for some, but not me. Had I bought near the low I'd be gladly going along for the ride, but I think anyone who puts money in now is careless. I don't buy into hope and enthusiasm. I know it drives stocks, but it's not investing. 
<< Previous
Bullboard Posts
Next >>