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Cannabis Stock Leader: Vapor Corp (OTO:VPCO) Advances 40.0% for January 12
Jermey Wilchek

http://www.potnetwork.com/2017/01/12/cannabis-stock-leader-vapor-corp-otovpco-advances-40-0-for-january-12/

Vapor Corp (OTO:VPCO) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on January 12, gaining 40.0% to close the day at $7e-05 after opening the trading day at $0.0001. Today’s rise came with about 106.26 million shares changing hands, compared to an average of 30-day volume of 56.68 million for Vapor Corp. Shares moved as high at $0.0001 and as low as $0.0 in today’s action.

The share appreciation gives the company a market capitalization of $403,635 based upon 8.07 billion shares outstanding.

In the past 52 weeks, shares of Vapor Corp have traded as low as $1e-06 and as high as $308000.0. Technical traders will take note that at $0.0001, shares of VPCO are trading above their 50-day moving average (MA) at $0.0 and below their 200-day MA at $7.148. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them is typically regarded as bullish.

Who is VPCO?

Vapor Corp designs, markets and distributes electronic cigarettes, vaporizers, e-liquids and accessories. The Company markets its electronic cigarettes as an alternative to traditional tobacco cigarettes. The company is led by its CEO Jeffrey Elliot Holman from its headquarters in Dania Beach, FL.


For more information on VPCO and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit PotNetwork.com today.

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