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"To complete the licensing requirement and move this project from pre-build status to post-licence production, the company is required to complete the installation of specific security measures. Once Health Canada completes its final inspection of the facility, the project will be granted an MMPR licence. The construction is underway, and the company anticipates it will be completed in 90 days, with initial production slated to commence in the fourth quarter of 2014." Anything under .1 is a steal for the long term imo. Not sure what your game is though
This is the turnaround
You're not gonna get anything that low
This is so dumb... The bid has been sitting above the current price forever and nobody in their right mind wants to sell below .08. If you want the shares just freakin' buy them.
Looks like a lot of buyers but no sellers
Seems like VPCO put a lot into R&D.
"If the company can hit the milestones it needs to achieve to make the whole thing take off, and can sell 24,000 kilos of weed for an average price of (let’s be a bit conservative here) of $5 per gram, that is gross revenue of $120 million annually. If the cash cost of production is $0.80 per gram, giving the company a gross margin of 84 percent, or $100.8 million, then potentially an operating profit of ~$0.50 a share makes the company a buy." from http://www.midasletter.com/2014/05/canadian-medical-marijuana-industry-risks-opportunities/
Higher than it's at now, but prices won't start moving up again until the sentiment of the sector changes. I don't think you can go wrong at these prices in the long run. I suppose you can get lower, but if you're investing it shouldn't really matter.
Everything is shit right now. A little more patience should pay off
People selling need to move up those asks
yessir
I thinks it's more of the shit volume that's ruining things
I think the price will make it's way back up. Just don't freak people. Don't settle for anything less
A P/E of 94 for a company in this sector seems hella low
.1 EOD
This has just been an awful couple months. Maybe I should just be done with Pot stocks. They are too manipulated.
I bought at .0238 hoping that was a little dip... I feel so defeated
I'm 100% confident that VAPE will not get halted
I'm aware of the phrase, but replacing ring with green still doesn't make any sense. Let green ring would be a little better and even that is dumb.
My understanding is that they'll get it sometime this week
Nah man, nah
That makes no sense though
Last two game have been intense! GO HAWKS!
This is sooooooo loose butthole right now
I think it moves up from now on
People taking gains I guess
So, I'm trying to think of a reason why this wouldn't move back up tomorrow. It seems like selling pressure has lessened and that a bottom has already formed. I take it today was to stabilize the big gains recently. Sure the 10-Q didn't paint a pretty picture, but it also didn't show the full current picture. VAPE has over $100,000 in sales of its HIVE Ceramic line since early April and back orders for over $250,000 in future sales. They're actually pulling in revenue, so it looks like a pretty bright future and sound long-term investment. Maybe I underestimate the panicky emotions of people though and how investors could be skeptical of Kyle Tracey. Somebody give me a good reason to sell, because I don't have one.
I know what you said and I'm agreeing that it's best if it consolidates here a little longer. I'm hoping it does and then I'll get back in.
Completely agree. I'm waiting a little longer to pounce.
I want to buy in, but I can't bring myself to do it. I still think there's a little more cooling off to do.
I still think tomorrow will be green just based off the chart. Wasn't expecting this red of a day. I think it was too much.
The general trend is still going to be upward
We'll be back to the 2.40s
ERBB will still probably go red today, based on the charts
The CEO's letter to shareholders knocked some sense into people and if you look at the chart VAPE was way oversold. It still has a couple of green days left before it's in overbought territory. The rest of the week will be green. I'd cover now
I took money out yesterday to put into VAPE. I think I'll buy back into ATTBF at the end of Friday.
I'm going with 2.55
No, it was the right thing to short after the SEC began investigations, but sentiment has switched. Pot stocks have bottomed out. There will be new highs next month. Probably not for VAPE, but for most of the others.
Stocks were manipulated down too
btw PHOT's up 36% today