Vicinity Motor Corp V.VMC

Greenpower Taking Off

[TechWizard101]

Looks like all the money going to GPP.. We need to get this thing moving!!!

[MrAnswers]

I have an idea...a sustainable sales pipeline!

[graduallygetthr]

Perhaps they should take a page from NFI, BYD, or GPV...Apparently, these companies know how to market their products.  I have this image of LaGourgue calling municipality after municipality asking, Who wants to buy some buses? 

[MrAnswers]

Based on today's insider filing LaGourge has sold a net 80,000 shares over the past 5 weeks which is close to 20% of his holdings. Bad optics when management selling. The fact he sold 100,000 then bought 20,000 back shows how bush league this is; management day trading their own shares is terrible optics and totally bush league. 

[StockGiba]

They were 30 days apart and the guy still owns over 355k shares.  Maybe you should  focus more on the Pfizer CEO for selling.  Our day is coming here.  Enjoy the ride if you truly are a long.  Maybe you should ask why it was sold down EOD on a market sell?

[MrAnswers]

I don't own Pfizer stock so do not care. I am saying it doesn't show a lot of long term confidence in your business if management is selling. If he thought the stock was going higher to $3.00 he just left $100k on the table, for someone with only 355k shares that is not an irrelevant sum of money to let slide. Just saying the optics are bad. Spin it positive if you so choose.

[StockGiba]

I'll chime in here.  People sell for various reasons.  His accountant maybe told him that was best to do near the end of the year.  He did get near the "top" in the last month or so and he did re-buy.  I'll take that spread any time.   As far as a comment blanketing all of management for selling.  I don't see it.   I am in the auto

[Pandora]

f you look at the 5 year chart you will see a significant rise from the last parts of 2016 throught the first quarter of 2017. I believe John bought agressively through that time period -- maybe even mortgaged the family farm so to speak. Then in the latter part of 2017 it headed for the dumper culminating in the 25 cent area at the beginning of 2020. I don't believe he sold a lot as all that