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Bullboard - Stock Discussion Forum 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... see more

TSXV:VMC - Post Discussion

Vicinity Motor Corp > Bad news
View:
Post by subaru1 on Jul 04, 2024 9:26am

Bad news

coming for sure with this type of trading those in the knows are selling before the worst be publish.
Sorry.
Comment by Pandora on Jul 04, 2024 10:03am
Someone has been trashing it each day. Usually the U.S. side holds it up somewhat but with the U.S. markets closed today the seller is taking advantage of that. 2nd Quarter results are not due out until middle of August. What is causing the negativity other than someone wanting out?
Comment by subaru1 on Jul 04, 2024 10:04am
Still worst new all time low $0,61 terrible.
Comment by sorrenson on Jul 04, 2024 11:03am
I suspect .61 wont be the low for long .  125 million backlog hahahahaha   and unicorns will roam the prairies
Comment by subaru1 on Jul 04, 2024 4:10pm
Imagine these directors that got option at $0,85 as salary. They must be surprised as well, lot of volume today even if the US market is closed. Let see what tomorrow as for us.
Comment by Pandora on Jul 05, 2024 11:45am
We continue to be trashed today. Presumably there is some kind of newsworthy event that the company does not wish to put out in news. I sent an email to Lucas of the IR dept last night. He has not found his way clear to reply. I just asked for a comment related to the downfall.
Comment by subaru1 on Jul 05, 2024 2:59pm
For sure there is a raison for that, knowing that they are very bad with their communication i will be surprised if they come with a release telling us what is going on in the house. I hope they will do. They owe that to the shareholder that are loosing quite lot these days.
Comment by sorrenson on Jul 05, 2024 3:28pm
I think they need to come out with some more  dealers  and vaporware P.Os    I would think an order for 1000  1200s   and 500 Lightning Busses . Maybe they  can share the PO hype with EXRO . What the heck I will put in a unsecured non enforceable PO for 10000  Lightning busses. that should drive this up  I think all shareholders should do ...more  
Comment by Pandora on Jul 05, 2024 7:08pm
Got a response from Lucas earlier today this was his main comment: "In general terms, the market has had a difficult year for small-caps and EV manufacturers in particular. We are not immune to the ebbs and flows of the broader stock market. The Company’s goal is on operational execution, which ultimately, drives shareholder value creation."   Thank you,   Lucas A. Zimmerman ...more  
Comment by sorrenson on Jul 07, 2024 9:57am
Overall market?  Gee I would think the overall market wants actual  revenue and doesnt want to hear  press releases of vapourware   POs  125 million backlog hahahaha $12   2021    and 52 cents today ,   All Ebb  No Flow     
Comment by subaru1 on Jul 07, 2024 1:54pm
That is certainly not the kind of answer we want hear, that only show us that their IR has not improved and we will probably learn someday that things aren't going to good for VMC. Like the US dealer not a word yet. Like the sale of the Vmc 1200 not a word on the delivery Finally not a word on anything?????
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