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Possibleidiot01 wrote: Quite the jump from his comments. Has a Buy on the company Velan Inc (VLN-T) January 25, 2021 He likes the valuation as it is the cheapest stock on planet earth. He has been active as a shareholder on the turn around plan and is quite happy about how the plan is going now. The results two weeks ago were phenomenal. They need to buy back shares or put the company back up for sale now.
Personally, I would prefer that they pay down debt rather than buy back shares.
Thanks for telling us about BNN, I was wondering what caused today's action. I still think VLN is cheap at $8.30, so I didn't think it was all that surprising that the price went up. But I didn't know why it was happening today.