GREY:VGFCQ - Post by User
Comment by
PhDtraderon Feb 24, 2021 12:10pm
220 Views
Post# 32647499
RE:RE:This company is dead in the water lol
RE:RE:This company is dead in the water lol No supply to meet demand. Once production comes on line at Rupert expect to see the ads back.
Don't wait too long. Rupert facility is expected to start production in March (not sure if the 1st, or last day of March). Once thats on line Very's production capacity will be 37x up from their Victoria facility (or about 18x if you factor in the Victoria facility increase in Dec), which will almost fully grow VERY into its valuation, never mind the Califnornia facility (still a while away).
Then again, I didn;t think it was going to dip more than a few cents below $6 ($5.95 was my last and final purchase) - nailing the bottom is not my expertise :)