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Bullboard - Stock Discussion Forum Valens Company Inc (The) Ordinary Shares VLNCF

The Valens Co Inc is a developer and manufacturer of cannabinoid-based products. The company's extraction methods are CO2, ethanol, hydrocarbon, solvent-less, and terpene extraction. Its products are Tinctures, Capsules, Beverages, and Vape cartridges among others. Its reportable segments are Cannabis operations, Analytical testing, and Corporate. The company has a business presence in Canada... see more

OTCQX:VLNCF - Post Discussion

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Post by KelownaClown on Jan 08, 2021 12:04pm

Holy Cr@pola !!

Effin' h3ll, just made out like a bandit on GBLC. I was holding 250,000 shares I'd bought at 4.5 (four and a half cents) - thing had bottomed out for months and months at .015-.02 and just went nuts yesterday afternoon. After thinking that was another 10 grand down the drain,  I just sold the whole 250K at 9 cents - woo-hoo!  It's sold 35 million shares so far today, and 17 million yesterday. That's an 11 G profit, plus I have the original investment back, this is looking a lot like 12,000 shares of VLNS on the next dip - come to poppa!!!

Man, this has been the best week of trading in a loooong time !!
Comment by KelownaClown on Jan 08, 2021 1:26pm
Guess i sold early - now GBLC is at 14 cents. Wow. 34 million shares traded. Oh well, never kick yourself for taking a profit...but sheesh.
Comment by KTMFan387 on Jan 09, 2021 8:11am
KelownaClown: What do you think it could dip to?  I sold some of the VLNS I picked up in the $1.60s and %1.70 when it got over $2, ie. $2.04 and $2.09.  I'll pick more up if it dips again, I'm thinking putting orders in for low $1.80s, $1.70s, and $1.60s.  I doubt it makes it that low again, but if it does I want to be ready. Like you, I'm trading with a small portion ...more  
Comment by KelownaClown on Jan 09, 2021 8:28am
Amigo, I have no idea. I need to sit and watch what VLNS does early next week. I have a couple of open buy orders at $1.65 that I placed early last week, but I dont expect those to fill given that we're back over $2. I have my "fake" sell orders at $6, just to try to block shorters, and that's all I have open right now. The year-end results are a big question mark in my mind ...more  
Comment by rghalifax on Jan 11, 2021 9:31am
It ain't going back to 1.50...that's history
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