Post by
PhDtrader on Mar 30, 2021 3:18pm
Any day now
Very was set to open up the Rupert Facility in March. I won't be shocked if they come in a bit late, but it should be any day now.
Over the past two weeks VERY has been advertising a lot on social media, which to me signals they are about to have a ton of production coming online.
It's hard to say how having Rupert faciltiy online will affect share price, and I'm curious others thoughts. IMO, Rupert's future production is already encapsualted in the current share price. Nonetheless, it should help consolidate and stabilize share price from its ongoing pullback and pave the way for the next leg up as we are finally going to feel some real substance behind the VERY share price. It could potentially also trigger a quick turn around and leg up if a suite of uplifting news follows out, such as new contracts and distribution opportunties.
I've been enjoying following VERY and look forward to seeing this share price eventually fill it self out.
Comment by
LWillingdon on Mar 31, 2021 1:45am
Always wonder how it can built on to share price despite earnings not reported. I'm left to guess projections?