Vitality Biopharma Inc (OTCMKTS:VBIO) has been under heavy distribution basically since it started trading in 2012 under a different ticker. Despite being ostensibly in the cannabis patch, the stock was unable to mount much upside during the 2016 Green Rush. However, perhaps even worse, we have seen a massive rise in volume without much in the way of net share appreciation since September. We have also seen at least two investor awareness campaigns undertaken on shares of VBIO in the past month alone.
None of those facts necessarily means this stock won’t perform going forward. But it isn’t exactly what you want to be seeing if you own shares. That said, VBIO has evidenced sudden upward volatility on many prior occasions and may be gearing up for another such move. Furthermore, the name has witnessed a pop in interest, as transaction volume levels have recently pushed 160% above the average volume