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Shorts working well, congrats Kyle Tracey VAPE $1 soon,
fill my short 1.73 lets goo VAPE.
Chart finally broke down, below $1 by December 2014 imo
Kyle Tracey worst CEO or best criminal?
Everyone welcome back the warrant shareholders! They took a break for a while but came back now, see you at $1 soon
VAPE broke below 1.90 consolidation support, Like I predicted a few days ago.
See you at 1.50, if they doesn't hold then wowwwwwww $1 maybe? imo
Simple analysis shows this could be the start of the next downturn for VAPE. Notice the last week or so, it's been channeling between about 1.90 and 2.10.
All the times it went to 1.90, it was met with a quick upturn back to high 1.90s or low 2s.
But Friday was the first time it got to 1.90s and was not met with any buying to push it back up. It was heavy selling and no buying, so next week could push the volume back above 100k+ because of sellers, and finally break the channel and move down below 1.50. Possibly $1 in a month or two, imo.
VAPE VAPE Kyle Tracey worst CEO or best criminal??? VAPE VAPE
You take it as bashing, I am telling the truth. Reality.
I have no problem going long on VAPE. But I will wait for the right signs, not just buying in randomly on the way down.
OTCs don't run on fundamentals of a company, they move on hype (up) and share structure/dilution (down). There's no hype left in the general MJ market of stocks, except perhaps the big names that have been around for several years now, not stocks such as VAPE/PLPED that randomly got into the pot market, magic!
I will watch for signs of warrant shares being done dumped. First sign is 10Million in volume at least, as I approximate 2million+ shares left to dump. And they can only sell up to 20% of daily volume, so they need at least 10Million to do that. With the current daily average though, it could take 30 days. But daily average is 340k, we are FAR below that now with only 75k shares traded. So there needs to be a big increase, if it stays at 100k or less then it could take as long as 3-4 months.
Regardless, it'll take a while for them to be finished. And that's IF they don't issue more warrants as you said. For the sake of longs I hope they don't. But for the next 1-3 months I expect a slow decrease in price.
Go to my Filing Post to see the filings. If you do the math, they doubled their market cap/float with the warrants. About 7.2M warrant shares were issued, and if you read the restrictions you can see the warrant shareholders can only dump them up to 15-20% of the daily volume. So when the volume was huge, the warrant holders were selling all they could. But the volume is fading so they can't sell as much as they used to. I assume they sell their maximum % of warrant shares every day as they probably want to get rid of them ASAP so they get the $ from them.
If you take the TOTAL volume since the shares were issued, I approximate it at around 20m shares total traded since then. 20% of that is 4million shares, and that's if they were able to dump as many as they could. A ton of that volume was scalpers and day traders but I'm giving you the benefit of the doubt.
So, there are probably 2million warrant shares left to be dumped. Remember this the next time you see a PR of "good" news, know the warrant shareholders are using that PR to dump more because they know the PR will bring in buyers/more volume, giving them the chance to unload more shares.
Hopefully this makes sense, let me know if you have questions.
you know what, it might be great numbers for Q2. But....when they are released the stock will be down to $1 so it may spike 100% but that's only up to $2. still lots of dilution going on here
Right. Those big blocks are a pretty bad sign for the stock. It's been channeling between 2.10 and 1.90 for a while, it'll break one way or the other soon.
My bet is it'll go sub 1.90, gotta flush below 1.80 to really confirm.
Chart looks like a trap
Volume fading, all it takes it some of the warrant shareholders to pull the trigger and continue selling, it will bleed down and panic selling may follow after them. I'd be very careful here
Warrant shares/shorts back in control
Nice bounce though, that was sick almost $1
They let it bounce nicely, for $1. What more do you want, that was a 66% move off the bottom.
You can clearly see the momentum change, looks like back to the dumpster
Unless they issue more warrant shares soon. Reading their last filings and earnings report, they are in dire need of capital and may need to issue more warrants to continue their biz
Sorry to burst your bubble, but there are 2m+ shares left of the warrant shares, and those holders will gladly sell on the bid. Please read the filings, stay informed on VAPE
Great day today, gave me more opportunity to short more at a higher price. was waiting for this bounce, congrats guys!
If this gets under $2 today and closes under, it'll be ugly
So you are saying the TA is gagged? Yikes, that doesn't sound good. That usually, if not always means they are diluting the share structure. Not a good sign in addition to the warrant shares nearly doubling the float the last month.
Ok I'm ready for more warrant shares to be unloaded onto the market and dilute the float.
VAPE VAPE Go Kyle Go VAPE VAPE
Jeez is this another fading pump? Looks like back to .20 by December to me, hmmm
How soon? By tomorrow???? LOLLL VAPE VAPE VAPE
Sounds familiar, OPMG ???
All the "big" money has sold to the newcomersalready imo, they made their $$$
Certs on the way don't worry guys. But, I think after the R/S and more dilution. Every few months they raise the a/s and regardless of what reasons are used to explain that, they are DILUTING. That HUGE dump is the classic tell-tale sign of a R/S coming or at least more dilution.
They made it so the only option is to buy .0001s, so now the company will put 1B+ shares on the ask and hide it under a certain Market Maker, and sell away.
Criminal status if you ask me
All this looks like to me is admittance that there was HEAVY dilution and an empty promise.
If you were a CEO, would you say something bad about your own company?
Go Vape go baby !!!
Look at GUGS go, he doesn't go without a fight. Buy more here or what, VAPErs?
GUGS market maker is back from his lunch break, probably close above 1.75 but below that look out...fake bounce
tek1 the reason it is falling so much is because of the warrant shares issued that are allowed to dump onto the open market. They had a float of about 7M before warrants, then after warrants it doubled, giving about 7.2M warrants so diluting the stock heavily. Read the SEC filings for more info, I posted quotes from it a few times on posts this week.
Noticed GUGS on the Level II, seems like he is the new kid on the block pushing it down. Maybe he is who the warrant shares are routing through.
VAPE low 1.60s now, watch out if 1.60s crack probably a thin L2 to 1.40s. $1 next week possible, after reading the SEC filings I wouldn't be surprised.
Warrant shares = key to failure
Smart move, it could turn around here but you can always just buy back in when it confirms a bottom. Right now it's back at yesterdays low, could be bad! Maybe 1.40s today?
2012!!! LOLLLL
MRIB paid some big gains, sweet moves baby can't deny that.
H!H! .0001 Dec 2014 or what?
I'll leave that to you, it won't happen and nobody knows the next one. You just play with what you get on the table, with what hand you are dealt. VAPE is no good chart-wise or fundamentally
How's TGGI? Doesn't look too good, had some nice pops from pumps, prob dilution going on. That squirrel is taking his acorn and pushing that back into the ground where it belongs.
VAPE probably bounce in a few days but doubt it will go back to $4 again,
Haha yup, MR*B was a crazy one! But hmm, what about OL!E, that's weird I wasn't so wrong there.
99% of OTCs go to 0 eventually, play on defense and play it safe, better strategy than constantly thinking something will go to the moon.
Ok you can ignore my warnings.
But were they wrong? started at 2.60, now at 1.80. Chart has no signs of reversal at all, and regardless the amount of warrants were about 7m. There were 3 different filings stating that.
Are you basing the 8m and 2M numbers on the most recent filing? There were two more before that.
From the first, " The Company estimates that the number of shares of common stock such holders of warrants could demand would be approximately 3 million. The total number of shares of common stock of the Company currently outstanding is in excess of 6.5 million."
From the second"The Company estimates that the number of shares of common stock such holders of warrants could demand would be approximately 2.2 million. The total number of shares of common stock of the Company currently outstanding is in excess of 7.1 million."
And yet ANOTHER filing, the third"The Company estimates that the number of shares of common stock such holders of warrants could demand would be approximately 2 million. The total number of shares of common stock of the Company currently outstanding is in excess of 8 million."
They couldn't have been sold March 31st, the filings when the warrants went out were late April. 7-8M warrants were JUST available as early as April 20th approx. Still plenty out there to dump
Keep buying guys! Just got an email back from IR. LOL!