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Vicinity Motor Corp 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 VicVegason Mar 06, 2021 12:08am
185 Views
Post# 32735327

RE:RE:RE:RE:Funny

RE:RE:RE:RE:Funny

Here is some math and investing for you.  Try taking the share price around late November to which I bought ($1.14 avg.) and let's say for arguments sake that you sold for anywhere between today's low $2.08 or the recent high of $4.59 and calculate the return there vs a Divi type stock like Enbridge which I do have and it pays out approx. 7.4-7.7 per cent as well as the increase in share price and 2 divi payments $1.61 and compare the 2.  No comparison.  Now most people evaluate the risk/reward before they buy and not every company in fact very few turn out to be a Tesla, or......  What I don't understand is why a couple of guys on here constantly whine about this company or the past like they are a Bombardier.  Sell your shares and move on.   When I look at the facts here.  They are in the midst of finishing up on an order carried over from last year(revenue), developing an EV bus with proven partners,  building/setting up a facility stateside, making sure that they are eligible to bid on US contracts and trying to cross the t's and dot the i's for a NASDAQ listing.  BTW the NASDAQ listing is not all about the share price.  It opens up doors for funding in the future. If you guys don't see the potential/value in building/subbing out 3/4 size more fuel efficient buses or EV ones in the last 4 months or the future than go invest in another sector and re-read the book you recommended.  Will this company be around in 10 years who knows.  Over 90 per cent of people here haven't held a stock for that period because times and needs change.  Right now these guys are ticking off a lot of the right boxes and looking at comparables still look to have quite a favourable discount to some competitors.  Hopefully today was the start of a reversal in the share price.  We will know soon enough.  When guys on here say they "won't" or say they know that there isn't anything in the pipeline, how do you know?  Facts?  As far as trashing the RichTV guy or some of the other interviewers.  That is part of getting awareness out there on the cheaper end of the spectrum with the newer generation of investor.  It allows people who don't live on the west coast of Canada to see that unlike some Venture/CSE plays that they actually have a decent shop/facility not based out of a garage, have buses in development there and listen to the CEO in his environment not his office.  Good luck to the longs here.  Full disclosure.  I do own a sizeable stack of shares here and am willing to see if these guys can put all the pieces together.  If they do, I'm sure the Nasdaq will reward people who hold.       

  

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