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Bullboard - Stock Discussion Forum Valeo Pharma Inc VPHIF

Valeo Pharma Inc. is a Canadian pharmaceutical company. The Company acquires, or in-licenses branded pharmaceuticals and hospital specialty products for sale in Canada. The Company is engaged in the commercialization of prescription products in Canada with a focus on respiratory/allergy, ophthalmology and hospital specialty products. Its respiratory/allergy products include Enerzair Breezhaler,... see more

GREY:VPHIF - Post Discussion

Valeo Pharma Inc > I ignored the noise and bought more on the dip
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Post by FOMOalpha on Dec 09, 2020 4:58pm

I ignored the noise and bought more on the dip

Sell-off on news is kinda expected but admittedly I didn't expect such a drastic drop but that is also one of many scenarios I think could happen given that VPH is a stock with a small float. It can go up 50% and then go down 20% within the same day.  All of this is just part of the game. I've been in this kind of game for so many years.


Nevertheless, very nice news today! I am happy with the company's development.  $5 very possible given the interesting development.
Comment by kooter33 on Dec 09, 2020 6:34pm
Yup!  56.8M shares outstanding and 54% of those are with insiders and employees of the company.  So leaves for a pretty small float.  The last PP was oversubscribed.  CFO indicated that they expect to be EBDITA +ve by year end, which was end of Oct 2020. $5/sh is a good start.  To me this has a chance of being a 10 bagger by 2023.