BBIG Vinco Ventures down in the Pre-Market! Buy the dip?

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Vinco Ventures (BBIG) shares are down because its CEO and CFO resigned.

But the fundamentals are still there to see it aim higher!

BBIG aquired Lomotif Private Limited.

Lomotif, TikTok`s rival, is one of the top short form video platforms in the world with hundreds of millions of installs around the world and tens of millions of monthly users and over 31 million on-platform monthly active users.

Buying this stock could be like getting into TikTok early.

Third-party independent valuation shows the combined companies have a valuation over $5 billion as of June 30 according to recent private financing comparable valuation by Gemini Valuation Services.


Based on the Fibonacci extension tool, i see a 11.36usd price target short term and 500% upside one year term.