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Summer and fall are very different seasons for this. I looked at the last five years and 2010 and 2012 were huge for MMJ right at and after elections. The spike gets bigger every cycle. Public interest is expected to peak again this season and then likely taper off for a while... But we do have some type of run coming. Need to play it right. Plus I'm thinking $vpor can also ride the Santa Claus rally since they actually sell products. One of my favorite purchases this year was a vape pen and that was before investing here. Also seeing vapes a lot in Europe where I currently reside. We have a company positioned in two disruptive industries and proper management will be key as these markets start to consolidate. As long as management can spoonfeed the skittish investors we will see steady growth in SP from here. I think people are getting panicky here...but logic must prevail.
I say .18 by end of next month if voting is favorable. There's been very little media focus on these stocks since early September. Everybody is waiting...
This market is hugely based on psychology. This company is grinding and growing. So will our investments. Pendulum is just about ready to swing the other way.
Will also see 8k, loan refi, 25% increase in Q revs, MJ will pass in at least 2 states, Three additional product releases, update on brick and mortar, update on distribution efforts... Even Nate will buy some next month. From here to spring is $$$$ and it always has been for MMJ stocks. Anyone bashing VPOR specifically should look at the industry index and tell me what you see. It's all the same chart! If you bought at the top hopefully you've learned from your mistake. My average is right at the 200 DMA. Looking for at least a double from there. MMJ stocks have very little to do with real finance and the real market. They'll all go up, but we will go up by a higher % based on where we are now. Plus those actually touching the plant are higher risk now of SEC halts and money laundering charges. If one were to invest in MMJ 2.0 a more indirect approach is offered via VPOR. It's really a no brainer but the new herd will not know any better. Only those of us left here have been hardened and sharpened by the last six months of beating, and will RAKE IN THE CASH when the next stampede comes. The articles have all said the companies who actually have a business plan will be the ones to clean up, and VPOR is one of them. There is so much fear right now and that's exactly when it's time to be greedy. Don't give up. Find a way to hang on through Q1 of 2015. Not letting my shares go for less than mid teens but expect a quarter at least on the next spike up. BTW Richard Branson is on board the MMJ train, do you not think that alone will attract new money? In the next 3-6 months, fortune will indeed favor the brave. No more negativity on this board. Perpetuate the positive vibes from now on. We are all onto something here. The storm is over. Calling for 60 cents per share by March 31, 2015. ????????????
Promo definitely got us a lot of volume - if company paid for it and allowed prior SPLI debtholders to convert completely, then I expect another such promotion, which could yield equal or greater volume, of a stock that has zero probability of debt conversion over the next three weeks into Hanovers doomsday. Watch this Mf close at .1501 on 10/29. WATCH.
Ah it's felt like an eternity
It's an industry expectation that the most attention will be focused on us at the end of this month. If I were them I'd hold out a little bit longer and then time the news with the hype. At least some type of acknowledgement would be nice. I really liked when Dror issued a letter about 3 months ago.
In 2012 the MMJ stocks started to run two weeks before Election Day... Thinking we will see the same this year. Next week we should start to see the green.
Dude the last midterm elections saw an awesome run starting in late October just from STATE possibilities. Can you imagine what's going to happen if the FEDS make it legal? The run will be 10-20x larger than we've ever seen.
Can't really consider these tickers in the same league of real stocks. They're more related to media and public attention than fundamentals. Look at Google trends for MMJ and the graph will MIRROR this the greater MMJ index. Look at the projection and you see a boom coming. How do I know? Media will be hyping the elections. It's happening with Ebola right now... Happened with bird flu before. Just play the trend
Yep, and the chart pattern is LEADING the other MMJ tickers right now as they all follow the same pattern...when the run starts VPOR will make headlines like HEMP, CBIS, and MJNA have in the past...
Jeez good morning, bashers! Could only mean we're going up today.
Seeing an inverse head n shoulders on the hourly. Upward today?
So where do we go from here?
You guys realize it takes 30-45 days to get an 8k done properly, right?
Think of all the small vape shops these guys are going to run out of business. I love it.
That's when the TV atomizer will be ready
Volume is way up, candles are bigger, I think if this can get back to the .0226 + range, then cracks .03 again we see the real run. Target is .057 to .06 on double bottom breakout.
Should trend up and breach .06 next week. Pullback to mid .04s after that before sector hype starts to pull it up into elections. My thesis is still intact.
I think we are about to be pleasantly surprised. What if management allowed Hanover to liquidate in exchange for waiving the loan, and decided to pay 200k to soften the blow. Doesn't that free up a million bucks and wipe away the debt? Not sure if that would require any type of filing.
.057 to be precise.
The next three hours should be fun!
IHub is such a dirty, addicting place.
If they are not diluting and this is just panic and technical action, I expect this double bottom on the hourly to take us back to .02 and then resume the greater pattern... Which is also a double bottom with a target of .06 - my thesis points to .06 by end of next week.
Ever think there was a hidden early payment penalty that allowed Hanover to start dumping? Oops
No bid support...
Gap n trap on deck. Looking for entry at .75-.80 about an hour into trading
Let's see... Four new products, massive revenues, franchise + distribution deals brewing, Decriminalization of MJ is actually working, and four state elections in less than 30 days........ I'd want some shares too if I didn't have a boatload already... Current price action reminds me of the end of February... Next PR will kick off multi week run. Favorable election results will send us into the stratosphere. There's a reason management is being so quiet.
Someone needs to wipe this idiot out selling his 91k shares. He doesn't deserve them.
If you use stop losses you're getting WORKED. Figure it out people.
Nice to see other MMJ tickers having the same pattern... Seems like most of them spent the end of this week consolidating after finding and bouncing from their bottoms. MMJ 1.0 was about the theory. MMJ 2.0 will be about practice. Those companies exhibiting vision AND income will run extremely hard. That's why I'm still in VPOR.
My thesis/expectation through year end is as follows:
Next week (10/5-10/11) we head back into the 3s and possibly low 4s, just on technicals and possibly the 8k. Shorts really should start covering as we get closer to elections. Risk/Reward for them is getting lopsided. We lose < 100% or they lose 500%...
Effect of the conference/cocktail party/new products will generate hype and new investors as we speculate on new distribution deals and will fundamentally bring us to .055-.06 over two weeks (10/12 - 10/25). The last high of .085 seemed to be related to their presence at a conference. Hoping they put out a PR weekly or at least biweekly from now on. Don't tell us the recipe, just let us know dinners almost ready. Less chance of short attacks at this point in the game and uptrend should prevail.
Speculative run up will happen from 10/26 - 11/7 into state MMJ voting. Florida will be extremely important for this ticker. Early November we should be sitting around .09-.11. Election results will obviously provide a binary event... If favorable I expect the whole sector to double or triple to end the year. If they are unfavorable I expect a sell off and will lead to my exit, TBH.
We do have one more catalyst, which is Q3 earnings, expected around 11/20. "Acceleration of sales" leads me to believe we will see an increase in revenue, possibly to 1.3-1.5 mm. Maintaining their gross margin, it's more than probable for them to turn a net profit. Pay down of their loan will not effect the income statement, I believe. They do NOT need to generate a profit this quarter for me to consider it a win, but improvement should be exhibited.
We saw a 30% daily gain already in the last few weeks and we are up 127% from the low. Last run saw an increase of 7400% from the low. I expect at least one day where we see share price increase by over 100% and actually holds that gain.
I see the following scenarios for VPOR by year end...
Positive election results and positive Q3 ---> $0.25
Negative election results and positive Q3 ---> $0.10
Positive election results and negative Q3 ---> $0.15
Negative election results and negative Q3 ---> $0.03
This would make the average value of this play $0.133, which is also the exactly mean of my linear and exponential projections based on performance since the low.
Yes, and buyout target.
The fact that the float is nearly locked already leads me to believe the next run will be insane. Money is on the sideline earmarked for MMJ stocks. The move will be violent and fast, and about 70% sector driven. I think the vpor execs know that, too. I'm getting excited!
Whole sector is going to skyrocket again. Google Trends thinks so... https://twitter.com/kyle_decoque/status/518845165013041152
The radio interview was amazing! Thanks for the reminder!
Nice to see other MMJ tickers having the same pattern... Seems like most of them spent the end of this week consolidating after finding and bouncing from their bottoms. MMJ 1.0 was about the theory. MMJ 2.0 will be about practice. Those companies exhibiting vision AND income will run extremely hard. That's why I'm still in VPOR.
My thesis/expectation through year end is as follows:
Next week (10/5-10/11) we head back into the 3s and possibly low 4s, just on technicals and possibly the 8k. Shorts really should start covering as we get closer to elections. Risk/Reward for them is getting lopsided. We lose < 100% or they lose 500%...
Effect of the conference/cocktail party/new products will generate hype and new investors as we speculate on new distribution deals and will fundamentally bring us to .055-.06 over two weeks (10/12 - 10/25). The last high of .085 seemed to be related to their presence at a conference. Hoping they put out a PR weekly or at least biweekly from now on. Don't tell us the recipe, just let us know dinners almost ready. Less chance of short attacks at this point in the game and uptrend should prevail.
Speculative run up will happen from 10/26 - 11/7 into state MMJ voting. Florida will be extremely important for this ticker. Early November we should be sitting around .09-.11. Election results will obviously provide a binary event... If favorable I expect the whole sector to double or triple to end the year. If they are unfavorable I expect a sell off and will lead to my exit, TBH.
We do have one more catalyst, which is Q3 earnings, expected around 11/20. "Acceleration of sales" leads me to believe we will see an increase in revenue, possibly to 1.3-1.5 mm. Maintaining their gross margin, it's more than probable for them to turn a net profit. Pay down of their loan will not effect the income statement, I believe. They do NOT need to generate a profit this quarter for me to consider it a win, but improvement should be exhibited.
We saw a 30% daily gain already in the last few weeks and we are up 127% from the low. Last run saw an increase of 7400% from the low. I expect at least one day where we see share price increase by over 100% and actually holds that gain.
I see the following scenarios for VPOR by year end...
Positive election results and positive Q3 ---> $0.25
Negative election results and positive Q3 ---> $0.10
Positive election results and negative Q3 ---> $0.15
Negative election results and negative Q3 ---> $0.03
This would make the average value of this play $0.133, which is also the exactly mean of my linear and exponential projections based on performance since the low.
Thoughts?
I just don't trust Hanover.
As long as there's bashers, there's upside.
My bet is we will see that they made a loan payment of $200k to Hanover, who in turn gave it to the promoter... Who can someway construe that vapor group paid for the promo. Bet that's why the 8k hasn't come out.