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Bullboard - Stock Discussion Forum VIVO Cannabis Inc. VVCIF

VIVO Cannabis Inc is a Canada-based company. It is involved in the production and sale of medical and recreational cannabis and the provision of cannabis-related medical information and services in Canada. The company's operating segment includes Cannabis, Patient Clinics, and Corporate. It generates maximum revenue from the Cannabis segment. The company has a presence across three geographical... see more

OTCQB:VVCIF - Post Discussion

VIVO Cannabis Inc. > stuck between .29 and .32 going no_where
View:
Post by jfogarty12 on Feb 05, 2020 12:16pm

stuck between .29 and .32 going no_where

Level 2 Quote

Level two quotes - Bid
Number of Shares Bid Price
 
103,500 shares
103,500 0.300
 
79,500 shares
79,500 0.295
 
538,000 shares
538,000 0.290
 
120,000 shares
120,000 0.285
 
713,000 shares
713,000 0.280
Level two quotes - Ask
Ask Price Number of Shares
0.310 16,500
 
16,500 shares
0.315 59,500
 
59,500 shares
0.320 513,000
 
513,000 shares
0.325 24,500
 
24,500 shares
0.330 83,000  
Comment by LoudMime on Feb 06, 2020 7:28pm
Its making its mind up. Either short term traders who are in profit/small loss or break even, will get scared and sell or bulls who had bid orders around 0.20 see strength and fill at market (0.30) instead... its a mental game at this point lol. It will make a move either way soon (by next week), it wont sit here long. That or buddy12 and miketrader (buddy12.5) mortgages their houses to short the ...more  
Comment by SuperSlug on Feb 07, 2020 6:56am
I think this is the new bottom.  I will watch charts for a little while to be certain before buying more.  VIVO is still trading at way, way below book value.  By the sounds of things I would expect Q4 results to be at or better then guidance.  I'm still expecting a buyout offer of at least $2.00 which they shouldn't take.
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