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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 MrAnswerson Oct 22, 2021 10:03am
166 Views
Post# 34036955

RE:RE:RE:A Little Oversold Today

RE:RE:RE:A Little Oversold TodayYou werent asking if it was a buying opportunity, you made a statement that it was oversold and I provided the simple math to show it wasnt (assuming it was fair value on Wednesday). You are also assuming that $13 was a fair price and not an inflated price, anchoring to a previous high price is a dangerous game. They have also issued a lot of equity since it was $13 providing every other existing share less ownership rights, simple math. 
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