Bullboard - Stock Discussion Forum Vicinity Motor Corp V.VMC

Alternate Symbol(s): VEVMQ

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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... see more

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TSXV:VMC - Post Discussion

Vicinity Motor Corp > Someone's Messing With This...

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Post by TechWizard101 on Jan 06, 2021 3:27pm

Someone's Messing With This...

Doing whatever it takes to keep this under $2 for some reason. The chart is screaming buy not sell.

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Comment by graduallygetthr on Jan 06, 2021 3:51pm

Not sure what you're looking at, but this is a classic pump and dump. Certain people are making some very good money running this up, sucking in investors, then dumping stock. So you base your buy or sell decisions on charting? lol When I saw it near $1.50 I suspected it would get pushed up. A purchase of 2000 shares would have covered a nice chunk of my expenses this month. ...more

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Comment by TechWizard101 on Jan 06, 2021 4:56pm

Charting is kinda important. U should try it lol..

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Comment by graduallygetthr on Jan 06, 2021 5:31pm

I don't day trade, I invest, and that requires analysis of fundamentals. It's odd, I read the Intelligent Investor by Benjamin Graham, and I don't recall a single chapter on charting. I agree that charting is important to assess momentum when to bounce in or out of a stock, which is why I avoid speculative investing. Companies that generate consistent income, free cash flow, and ...more

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