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All this negativity is quite funny, everyone needs to decide what they want to do. Do you want to be a long term holder? Or do you want to flip shares? Or cut you losses and sell and move on to other plays? There are many choices, but to say the company is dead money, are taking out loans they can't pay back, are doomed to fail, not being transparent blah blah blah is all non sense.
The company and its management have done everything that they have said and have done everything to be shareholder friendly. Remember they are just a year old and a couple months into the public world. Rome was not built in a day and the volatility will only get worse before it gets better.
If you are long, do not worry until October if you are a flipper, go wild, if you must sell for a loss i understand but no need to post misleading info becuase you are disgruntled.
I ask you all, what has changed from the chants of $1 except that we have a clearer picture of who Vapor Group is and where they are going,
Will not move without buying interest. There currently is no interest in the company as evidenced by the action today. Need some sort of news to get this moving.
10q release for have little to no effect, they already PR'd the earnings
With the bid support moving up this could make a run before the end of the day. It will be fun to see how real that 7M is when it gets fully tested and the fact that the 7M appears to be retail good chance they may slap the ask before the EOD if they want in before Monday
I actually bought in before the spike in beg of April as a low float spec play and was more than happy to sell on that massive run. But i have kept an eye on it as it does have potential and recently bought back in as i like how the chart was setting up.
It is a good stock to keep an eye on as it has potential to spike but as far as reaching and maintaining pennies, i think that is a ways off.
Exactly, which is why most of them trade in similar patterns based off of TA, this is mainly a traders, flippers game on the OTC.
There are good companies to be found and ones that make good investments but you need to find the ones that are diluting for the right reasons and not just to sell shares.
What if N. Korea launches a nuclear attack tomorrow, or MERS becomes a widespread epidemic or or well you get the point,
They just received approval from FINRA, a halt now would indicate that FINRA does not know how to do their job
They do, their main business is selling e-juice and vap's for the e-cig market. They increased ownership of American Smoke which primarily sells to the tobacco market.
They are increasing their product line to get exposure to a new market as there is not much difference between vaping tobacco or MJ products, just different temps.
They are not making any money and will need additional capital to keep operation which means dilution either via selling of shares or convertible debt.
Right now it has made solid gains over the past couple months are has found a new base in the .002's, as long as it can keep slowly stepping up while showing investors they are spending money wisely to grow the company things will be fine.
Most here are flipping the stock as it has had a predictable trend recently, until news comes it will stay in this channel unless buying pressure breaks it to the upside.
The bright side is the chart looks good if it can remain intact
Would need some real buying pressure to make get it moving as i imagine the 7M will pop up if it starts to get too out of hand
Stocks are affected by other stocks even on the big boards, just part of the game
Will test .002 if people on the ask get antsy and want to exit before the weekend, currently weak bid support to stop selling into the bid unless people step in
Yup, everyone is just staring at each other waiting for the other to blink. However, the past couple days the bid support has been raising it was .003, .0033, .0035 not today building at .0038. If that can hold today the chart remains strong.
At this point that is all that is needed, strong chart waiting for news then we will see 50%-100% jumps
Just a reminder of the current climate we are in. There is much uncertainty with the industry right now but if you are a true long you should not worry as VPOR as proven the earning potential they have. So once the smoke clears and VPOR keeps growing QvQ the PPS will start to go up as more and more investors take notice including those big wigs in the tobacco industry.
Also 2 things to remember
1) VPOR was just approved by FINRA after going through a comprehensive review on not only the company but the officers involved. They have also followed through on everything that they have said and are fully reporting.
2) They are not really in the MJ industry as they are more in the tobacco, vap, ejuice market such as ECIG, VGPR and those groups. This will draw less scrutiny as it aligns more with the tobacco companies then the emerging MJ co's
All in all, just be patient, enjoy your summer and check back in October unless you want to keep loading the dips, in which case play close attention as it will be a rocky road before things realize their full potential.
300 P/E i believe
Forming a Flag on the daily over the last 2 weeks and the 50 & 200SMA are ready to converge. AS long as the price can hold .0019-.002 the will break out past .0042 resistance
.0035 is acting as very strong resistance at the 50SMA. Want the low to increase is the 50SMA and continue wave upward. A great today we push over .005 and close at .0045. AS long as this activity continues it will run when news is released.
Huge news, massive run, blah blah blah
Is that all that is said on this board, cuase all i see is baseless pumping and very little discussion about the technicals or fundamentals of the stock. This constant baseless pumping will do nothing for this stock and will chase most investors away as it will appear to be a P&D
What i find odd is the lack of volume for a company with 800M in the O/S, this stock moves on nothing which means that the owners must be holding a lot of shares, this is a good thing as it reduces the potential for a RS as they already have a large percentage of the O/S.
Other than that accumulation has remained high, RSI has been hanging around 60 and MACD is hugging a crossover. To me that is what will send it over is the crossing of MACD.
But, regardless the daily chart looks great IMO and support seems to keep raising with the 50SMA, so we want .0035 to be the bottom today and close above .0042
Everyone remember that all posters who are showing up today again, after this mornings spike are all flippers. At least Pika is nice about and merely talks TA.
But everyone else is merely encouraging selling and hoping for a big decline so they can buy again around .08-.09 and sell again at .11-.12. This has become quite the favorite flipper stock and will remain so until buying pressure breaks the channel.
Are you power forward? Because that's who i was responding to and he is clearly bashing
Back of the envelope predictions
Now if the DD is right and we are looking at $5M-$25M in revs then has the potential for the following
Assume 900M O/S 20PE (Avg for industry) 5% Net profit margin (Boeings 2013 margin)
Not i know this is all abstract but give indication of potential share price.
5M Revs - 250K Income .00027 eps x20PE= .005
10M Revs - 500K Income .00055 eps x20PE= .011
20M Revs - 1M Income .001 eps X20PE= .022
Now this is assuming all the above, with smaller O/S, higher profit margin, or reason to increase the PE greatly changes the calculations.
For example with 10M revs and only 800M O/S =.025
I would take you seriously but you only come around when the price drops and you most likely sell. So you come here to bash to drop the price to reenter to flip again.
Market caps in OTC are all over the place and hell on the bid boards for that matter i mean is Netflix worth almost 300 times earnings
I agree 100% and as I stated earlier, this report has confirmed the long term prospects of this company. the run we had has made people a little greedy and expectations that are not realistic.
At the time we ran, you could have almost put your money in anything in the sector and it went up 50%, things are different know but we will have our time again.
If you are are true long, do not pay attention to the price unless you are trying to by more. Wait till Q3 earnings and if they pay off that debt. Based on today's release they clearly know what they are doing and were very calculated in the price that they set and the timing of it.
Me, I am happy to wait until Q1'15 earning so i don't have to give up so much of my profits to uncle sam, cause when the amount i expect to get at that point will be worth the tax savings.
Once again, since the start Dror, and Vapor Group have followed through on everything that they have said. There is no reason to not trust then until proven otherwise.
Once the, mania of weed stocks picks back up in july/August this will go where it should be and will separate from the pack. And pretty soon this will get the interest of some whales as 60% GP is amazing.
Have to remember this was in the .08-.09 cent range this week, people are taking profits on the flip. They new they would sell the news when it came out.
They do not need to release any info until the merger is complete. than can take a while, and once they complete the merger they still have a couple weeks before they need to file anything.
Today's release confirms the long term prospects of this company. If you really want to be a long term holder do not concern yourself with the price today or next week. Wail till 10/31 before deciding anything. Once again, Vapor Group has come through on everything they have said and until they prove otherwise I have to believe what they are projecting for the future
They did lets say $975k for Q1 and they say they will have a significant increase in Q2 and major increae in Q3, whats significant who knows
Q1 $975k
Q2 20% increase $1.2M
40% increase $1.4M
Q3 20% increase Q2 $1.4
40% increase Q2 $1.9
if Q4 remains flat from Q3 totals would be
20% $5M
40% $6.2M
To me this numbers seem easily achievable based on the growth rate experienced in Q1 but this is just some back of the envelope numbers
I can see why they set the maturity of the note in October so they could report Q3 earnings. Things are looking good for all the long term holders
Today, sales continue to accelerate over the first quarter's pace, meaning that our results for the second quarter should well surpass those of the first. Important to remember, we anticipate a major breakthrough in revenue to be reported for our third quarter, due to the rapidly expanding sales base of the American Smoke brand and our forthcoming launch of our Vapor 123 direct sales e-liquid home delivery system -- more on that later."
My apologies they PR'd the results, 10Q will be delayed
Won't see them today as they filed a NT for extension to Tuesday, better get ready to buy as it might dip on this news if financials are not expected before the weekend.
MELY trying to form support at 20SMA on daily .0025, we want to close above this number. next strong level is about .0021 which acted as a strong resistance point in the past.
Accumulation has remained consistently high since the beginning of April which has maintained this price level after the big move. What the MACD, once that starts to bend up, thats when the move beings. But as long as the buying keeps up all should be fine as long as no significant dilution happens. It is just a waiting game.
Hopefully, bids come up for power hour and set this off for EOD. Need it to finish above 4 and continue to have higher highs and higher lows
raise that 3M bid and make the EOD exciting
Of course shares can be sold multiple times per day, but you say the float is 250M so that means the float changed hands 6 times in 5 days. Just seems like a stretch is all and clearly they could have been diluting
I am not saying they are actively diluting today or even this week as there has been little volume but the 5 day period 4/3-4/9 when 1.5B shares were traded they certainly could have
That is from January number means nothing today
Broker is only reporting the last update received, they know nothing more that otcmarket.com
I stand corrected you are right, and the bids are starting to move up, 3M at .0033 now
Not at all, 1) i don't own that many shares 2) Just reporting what i see. Based on L2 they are starting to stack the ask need the bids at .003 to come up or it will go down
Bid/Ask is starting to flip gonna drop down low 3's