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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. > you have to wonder .....
View:
Post by jfogarty12 on Feb 12, 2020 9:39am

you have to wonder .....

why the folks are selling into the bid  with earnings due on Friday??

Level 2 Quote

Level two quotes - Bid
Number of Shares Bid Price
 
16,000 shares
16,000 0.275
 
57,500 shares
57,500 0.270
 
34,000 shares
34,000 0.265
 
22,000 shares
22,000 0.260
 
43,500 shares
43,500 0.255
Level two quotes - Ask
Ask Price Number of Shares
0.280 9,000
 
9,000 shares
0.290 35,000
 
35,000 shares
0.295 4,000
 
4,000 shares
0.300 10,500
 
10,500 shares
0.305 3,000  
Comment by Schaffhausen on Feb 12, 2020 8:00pm
Laflamme autosell of 80K shares per day, thats why.  This slow drip selling at market price walked the price down to .20 cents by December  (combined with low volume buying in the absence of news). I would not underestimate the effect of this scheduled sell off at MARKET price...it will drive the price down until it gets washed out with higher trading volumes.  The way I see it, a ...more  
Comment by srtman03 on Feb 12, 2020 10:39pm
Just to let you know it 20K a day ASDP not 80K !! cheers....  
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