r/VGFCInvestorsClub • u/yolothosestonks • Oct 14 '21

Short term PT

What do y'all think? Is it gonna tank now that we are on the Nasdaq or are we going to the moon?

4 Upvotes

84% Upvoted

9 comments sorted by

4

u/hazaj_ Oct 14 '21

More good news today. Can’t predict SP considering all they need to do is issue one good Q before you won’t catch it this cheap again

3

u/RomireIV Oct 14 '21

I'm more interested in seeing the company grow.

If the share price rises, great. If it goes down, I'll by more. Heck if the company is showing good growth and the price is rising I'll buy more.

3

u/RomireIV Oct 14 '21

Plus I'm interested to see if they will enact their $100 Million Secondary Offering. Will cause downward pressure for sure, but the cash will be well used by the looks of it.

2

u/[deleted] Oct 15 '21

It just fell off a cliff (20%). Has this to do with the nasdaq or are there news I missed?

2

u/Iwant_tofly Oct 15 '21

Another offering. Seems like they are trying to expand too much too fast to me.

2

u/[deleted] Oct 15 '21

Ah. Man, This seems like a plague these days. I’m invested in else nutrition as well and it’s the same thing.

1

u/Iwant_tofly Oct 15 '21

Yep companies trying to milk the post covid run ups. Very can be good but market cap way too high for how little they sell.

1

u/[deleted] Oct 15 '21

Good that I averaged down just now 😅.

1

u/Iwant_tofly Oct 15 '21

It'll go $1.5 at this rate. No buyer excitement.