Friday, May 22, 2015 1:33:59 AM
For sure, all serious investors in this stock should be overjoyed that the so-called M Men are buying it. Among all the factors that make a stock substantially rise, insider trading, private stock sales, and large holdings are at the top of the list.
Of course, a buy back is better than an offering. However, VIVMF needs to raise capital to proceed with their business plan to produce and distribute the product globally.
Great plan, great management, and, now, some working capital. Eventually, we will see some top line growth of revenue to sustain the stock price. Profits will be lagging due to costs of operation from research and building a network, though long term outlook is bright.
So, let's ride on the coat tails of wealthy investors and insider M Men until the fundamentals take over.
Message to the one percent: buy now.
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