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The shares they are authorized to buy had a one year deadline, as far as I remember. That means they have that price locked in even if the price drives way higher. Generally deals like that are executed on when the price is above their fixed in price, and they are under no obligation to buy them. However they do hint at the fact that those execs believe the price will go that high or higher.
The most recent low was $3.90, might not be a loss. Also people have stop losses that they strictly stick to. People could be selling short. There are many reasons people sell.
Us shareholders should help spread the word!
There is a website Called Zodist, which was featured in a recent article, that offers a monthly subscription to buy E-liquids. They have been growing very fast, with subscriptions increasing 33% every week apparently. They offer a number of E-Liquid brands, but not VaporX.
The website Also uses a product called Uservoice, which allows you to submit comments for the company to read over and creates discussion. I recommended they add the Vapor X premium Line, and you guys should do the same. Who know, maybe with enough comments, they will do it. As shareholders, we are part owners, and we too are responsible for the success of the company. Do your part!
FYI, I have actually visited the Uservoice office in Raleigh and hung out with the Dev team, they are good guys. So this helps promote them as well.
Click the small question mark, speech bubble on the bottom right of the Zodist website to leave them a comment.
The price isn't getting lower and lower. It has had a 20 day trend upward since the dismal drop. Yesterdays high was around 80% up from its lowest point before, and after 5 days of green peeking at nearly 20% in that time, it isn't a shocker that their is pullback. Just keep your eye on the trend lines. Longterm chart still has this stock trending upwards. People are just sooo obsessed with day to day prices. I understand that your average is less than perfect and you wanna see yourself get out of the red, but random articles and hopes are not going to make it happen. It has been on the Nasdaq for all of 10 days, that is literally nothing! This isn't a get rich quick scheme, it is an investment.
I still post on the Yahoo board, I just do it from my laptop. They often have bugs, but it usually works fine. I am jonsacek on the yahoo board by the way, and I try to hold things down over there.
Pretty sure that is just an Ihub bug, that isn't really what they are.
They are in big gas chains, namely Hess, with 1300+ store locations. they are also in a few smaller ones that I know of such as Family Fare.
Nasdaq website shows this.
8,130 shares traded
$ 5.1598 (16:07:51 PM) High
$ 5.15 (17:52:59 PM) Low
Honestly the thing that worries me most about ECIG, is their stock symbol. With no knowledge about the company, people are more inclined to invest in recognizable/identifiable stock symbols.
For instance, when all the stuff going on in Colorado happened, a lot of otc stocks boomed, but HEMP, went from under a penny to about 30¢. It was all based on hype and fluff news. It has since plummeted to .06 of course, but for a bit, it was a rocket ship, and I suspect it was half to do with its stock symbol.
Hah, wtf. If only!
This is not a Marijuana stock, it is a Technology/Tobacco(nicotine) stock. Can some of their products be used for Marijuana use? sure, but that makes up a small portion of their revenue. Volume is still low because the float is still low and the stock is still relatively unknown. But it has been increasing, first day on the nasdaq had 400% avg daily volume, and today had 30% increase over the average. It will continue to rise overtime as VPCO increases distribution and awareness, along with outstanding shares/float.
Well absolutely, anything can happen. The market does crazy things sometimes. The reason I always try to reign you in is because, over-hoping can lead to a lot of disappointment, when it doesn't meet the overzealous expectation. If you stay measured in your expectation, you will be happy with the growth you do see. AND if it does explode, you will still get the wonderful joy rush anyways. You have nothing to lose with staying level headed. It is a win win, unless the stock tanks of course, heh.
Also, I am against over-hyping a stock, unless their is solid evidence to do so. It just creates a more volatile trading environment and a lot of people can get hurt in the process. Buying into something that is over priced, based on hype. That is how markets crash and economies get destroyed. Think how many poor sods threw away their children's college saving on the hope that their stupid Beenie Babies would make them rich. The CEOs laughed all the way to the bank. Value is all subjective of course, but there are still basic rules or guidelines to help determine the general value of something.
Does that all make sense maaayne?
After hours trades don't register in the same way regular hours do. So I believe they counted, but for logging purposes, they always keep the price at the end of regular trading hours as the one that "counts". That has been my understanding anyways.
hah, going to 80 is a fools dream, at least anytime soon. You will get your 7s, don't worry. In the mean time, you should try and swing a few trades with a portion of your shares. It wont be a loss, even if you sell below your avg, as long as you can manage to buy back lower than you sold. It would just register as a wash sale, and you could get more shares in the mean time without having to add more cash. I always leave about half my shares for solid long term and the other half open to doing trade here and there. If you get good at it, you can accumulate many extra shares, so there isn't any reason you just have to sit and hope.
It doesn't look like many shares were traded after hours, only 22 shares. Also right now the bid is at $4.25 with the ask at $5.90. that is a huge spread. Not sure what that means, come Monday.
I was correcting Sagacious. You had the right idea.
Sorry but you are mistaken. The reverse split was one of the requirements of the contract they had when they raised the 10 million dollars. The RS allowed them to be within listing price of the NASDAQ. It was just a preperation step
Sorry but you are mistaken. The reverse split was one of the requirements of the contract they had when they raised the 10 million dollars. The RS allowed them to be within listing price of the NASDAQ. It was just a preperation step
What are you talking about, they were never listed to the NASDAQ before...? They had a reverse split right before it went to $10, is that what you are referring to?
Honestly I doubt many people noticed yet. It is way earlier than everyone was expecting, especially me.
As far as details go, they haven't supplied anything to indicate that there will be a change in share structure or price as a direct result of the listing. I think it will all come down to who trades it and for what price. It is hard to say how much of a boost in price we will see form the listing, as it is much earlier than expected and directly after the troublesome quarter.
I wouldn't be surprised to see an initial spike followed by a swift correction, with some volatile swings before it settles out. But this is all speculation of course.
Thanks for updating the Board with the new product imagery, it was in desperate need of it. The new stuff looks so much more professional than their old stuff.
You may be right, you have more experience in the vaporizer/eCig retail space than I.
It has for now. It also happened on not much volume. It ALSO was once $60 and $.52 respectively. It will almost certainly tank again, and rise again and tank again like it has been. After ECIGs initial monstrosity of a climb it has been on a general downward slope. VPCO has been volatile, but its long-term has had a general increase over time. There is literally no justification for any price ECIG has at this point.
Indeed. I have always felt they needed to be a bit more competitive on their vaporizer pricing. It is tricky though, balancing price and margins. I don't know what their costs and current margins are for their VaporX line, so I couldn't really say how much wiggle room they have.
As for buying competitor products off the shelf and trashing it, I can't say I agree with that. It would be a huge expense, and would only delay the competitor. Sure real customers would not have access to competing products, but the distributor, having just sold all the inventory would be justified and making a re-order, and those products would be right back on the shelf in a couple weeks or a month.
I think VPCOs main focus should be improving quality and pricing to the best they can, and pursue more advertising and promotion of the products. This strategy work across the board in every business.
Quality + price + exposure = success
VPCO should not be valued like ECIG, because ECIG should not be valued like ECIG. I think VPCO is undervalued, but you have to keep things in perspective. Currently anything above 180-200mil market cap for VPCO is just too high. In time my son!
First off, VPCO has A pretty pro management team as well. They also already have over 60 stores. ECIGs deal was not for 90k stores, they AATAC has a collective 90k stores they simply have access to the 90k stores.
No they don't, that up 20% was on a single trade, after which it promptly fell back down. ECIG has an avg volume of 11k shares, this I would not classify as momentum. Not to mention, I don't think they are even allowed to list the NASDAQ with the financials and volume.
Any extra shares listed and sold for the NASDAQ uplist are going to dilute all the share holders, this is the nature of any public offering. So theoretically the shares become worth less. However, a listing also gives the company access to huge amounts of capital that is not a loan. This allows them to do all the things they need to do without having to worry about paying back huge amounts of interest.
How it effects the shares/shareholders all comes down to how effective their business strategy ends up being.; that, I cannot answer, but I think VPCO has shown themselves to be a very resourceful company thus far.
As far as what the listing price will be for said shares, there are a lot of factors that go into determining that. I can not really shed light on what price they will be listed at or why.
ECIG also only had $4.1 Million in revenues, but had $85.1 Million in net losses for Q1, which is astronomically worse than VPCOs quarter. So I wouldn't really envy that company if I were you.
And besides, we are listing to the NASDAQ at the end of July.
Thank you for your educated and insightful post. I agree they have been working very hard and making very smart decisions in their business, I just had a few counterpoints.
Your point about cars and gas is very true, however you must still consider, that we are essentially at the start of the Vaporizer market. Their are still literally tens if not hundreds of millions of units to be sold. Billions in revenues are floating out there for the vaporizers themselves at this point. Also vapes can break, get lost, some people may even buy multiple units of different sizes. Thick about how many bowls or bongs a pothead might accumulate. I could see something similar happen with vaporizer. So I don't think it is a situation of buying one quality vape and only buying gas going forward. Further down the road, I think vape sales will most definitely slow and ejuice will be the predominant product. I could even see it being a good idea to subsidize the vaporizers themselves like they do with phones or game consoles, and make the money back on the juice; although that comes with the risk that the customer may buy someones else's e-juice.
As for the acquisition, I don't see it as being too pricey. The initial price was purchased at 1.5x revenues, which is quite standard. The purchase was also almost entirely with stock, which means IVG has incentive to make those shares grow in value, so they can get a huge pay day. On top of that, the rest of the price has to be earned through performance. VPCO may end up paying more, but it would be paying more for a more valuable company, there by making the price completely justified.
Lastly, I completely agree that VPCO needs to stay price competitive. That has always been a little concern of mine, that they are pricing their vapes too high in some cases.
Anyhow, good luck to you in your endeavors in Kansas.
even at $6 ECIG is still way overvalued. not even close to VPCOs revenues, and a 19 Million net loss last quarter, which is nearly 5x times VPCOs since inception, but still valued about 5 times higher than than VPCO... it is frustrating to say the least.
Yes, but with the talk of franchising, there is a strong chance that many people could put their own spin on it. Make it a place to come hang out, like how a hookah lounge is.
It wouldn't be any different than a Hookah Lounge, and those do just fine. Vape, have a drink, listen to music, play games, food, snacks ...etc
Tell me about it... Couldn't have happened at a worse time.
There is no date, just a deadline, which is July 31st. Which is also around the time that the 2nd quarter earnings will come out.
Yes, the quarter had some problems as we all can see. However, the 1.25mil we lost out this quarter from the delay, will translate to a 1.25mil boost to next quarters revenues. Much of this quarters increased expenses are one time expenses.
The company still has a solid asset base and a good deal of cash. A new infomercial campaign is to be launched soon, as well as the new brand image and marketing strategy from Kavanaugh will be in full swing.
The acquisition will cost us 20% Dilution in shares but, effectively adds 55-60% Revenue increase, with a large boost in margins, as IVG had 70% margins on nearly all of their revenues. Any further dilution to fulfill the rest of the acquisition price, will all be performance based, which will most likely add more value than dilution, comparable to the increased value from the initial acquisition price price.
IVG and VPCO will also be aggressively expanding retail vapor shops both as company owned and franchised stores. IVG brought 8 shops to the table, 6 of which all opened in this past quarter (to give you an idea of the rate of expansion)
Overall, in the short term, I think the price will suffer from the poor financials, but I think their position and long term future was significantly strengthened. Maybe shoot for a wash sale to get back in with a cheaper share avg in the coming days/weeks.
If their wasn't that 1 week delay, their revs would have been $6.04mil. So the Decrease realistically would have been 5%. Also this means that Next quarter will be augmented with a 1.25 Million Boost to revenues which could provide a nice Surprise gain in revenues. Effectively increasing revs significantly year over year.
Because in 2012 they Had Too much SGA expense and it killed the 2012 numbers. They have since reduced SGA by nearly 2 Million, but revenue increased nearly 5 Million.
So they had one year where they backtracked, but have since Gained thousands of more Distribution locations, eliminated the majority of their Debt, Raised lots of capital, secured MUCH more favorable lending facilities. You really should look into them. VPCO is by far and away in the best position out of the public Ecig companies (not including big tobacco)
VPOR is NOT profitable, Net losses were $161,000 (this is not profitable)
VPCO has much better revenue from every period.