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I think that is a bit overoptimistic. what you have to understand about P/E is that its correlation to stock price varies wildly form company to company. Some people might have a huge P/E yet have a very high value, because people think the stock has a lot of potential future. where as a giant tech company with billions in revs may have a small P/E because people believe future growth will happen very slowly.
So basically, I believe that if our EPS went up to .21 the P/E would almost certainly come down. Booming growth slows down to steady growth, which in turn slows down to gradual growth, and P/E goes down with it.
This has been my understanding anyways.
I can't find any number on the float, but with the tiny volume it has, the float of tradable shares has to be very small. I don't know when the restrictions will come off a lot of the shares, but when it does, it will drop very fast.
These has never been too much action on this board. The yahoo board seems to have more commentary. It has even attracted silly bashers.
Not dicks, just people who wanted some profit. The price will be right back up tomorrow, don't worry.
Looks like I was spot on. Right in my range, and the price should have some nice movement tomorrow.
I can't reply in private, but for Sone and other who wish to participate, the Conference call number for tomorrow is (888) 438-5519. You can also stream it, for listening purposes only at vapor corps website.
Yeah, watching those other companies rocket is frustrating. However, much of this stock is held by legitimate traders and people who know how to value a company. VPCO trades like a real stock, one that belongs on the NASDAQ. The other companies made a number of people craps loads of money, but probably ruined a ton of ignorant traders. $50-60 is highly unlikely, in the short term anyways. Perhaps a few years down the road, if they don't get bought out first.
Yes, report is after market close and the conference is tomorrow at like 10:30am Eastern time.
I don't expect a ton of craziness today, as everyone is kind of just sitting on their shares and holding their breath. The report comes out end of day with a CC tomorrow. So tomorrow is going to be REALLY exciting!
I have never seen it, and I would assume absolutely not. For example if we got a 1:1 with LO, that would jump the value of VPCO to $768 Mil, which it certainly is not by any means. LO knows how to do business, and would NEVER pay a penny more than they have to. However, I doubt VPCO would sell for $150 Mil, it almost certainly has a higher value than that going forward.
Well first off, we have decent volume considering the Os and float. VPCO has been hitting 500,000-1,000,000 volumes recently. VPCO is the best bet in the pure ecig/vapor sector, as they are currently the only fully reporting company with plans for the NASDAQ. They have the widest distribution, compared to the other sketchy players like ECIG GLLA VAPR. This stock will absolutely be moving upward very soon with these year end earnings and after Q1 earnings come out. 6X is too optimistic, as the company is far from a 600 Million company right now. I would say 3-4X from this price, during this year is doable. 6X maybe somewhere down the line, but honestly, I could see them getting bought out before they hit that price.
Low float, and lots of restricted shares. People who bought tat those prices or higher desperately don't wanna sell their huge losses. But as soon as the restrictions come off on a bunch of the shares out there, the stock will tank. If you wanna make a quick buck, put in some low end buys orders for when that happens, because it will almost certainly jump back up directly after. It will be super volatile, and will all happen when the volume starts to increase. I would imagine the price dropping to anywhere in the $1-5 range.
They just had private placements, that started hitting the market, coupled with a fairly long period of little news. Earnings come out Wednesday after market, and the Conference is on thursday in the morning. If my gut is correct, they should have year end earnings of 25-30 million which will bring life back to this stock. I am not worried at all.
as for those other stocks GLLA MAAAAy have potential and I think MCIG could work out too. ECIG could be succesful, but the stock price is waaaaaaaay over valued, but the business it self appears to be headed in the right direction.
Nah, that is way too optimistic. VPCO is not worth $600-700 mil. The entire ecig market sales were 1.5-2 billion by the end of 2013. VCPO is not worth 1/4 of the entire market, with all the other players in it.
The low float will definitely cause a sharper rise than expected but I wouldn't be surprised if they had more share offerings once it is on the NASDAQ, as that is what most companies do when they have such a small float. I would guess closer 150-200%.
Just keep in mind that the stock has already gone up over 850% over the past year and still need more revenue to even justify the current share price. Real stock brokers value stock based on financials more so than hype and potential, which is how OTC stocks are generally valued.
When the Q4 number come out soon, we will get a better idea of what the share price could reach.
Nothing. They are just required by law to send those out. the changed to deleware was clearly stated in their 8K and is just one of the steps they needed to take as part of their contract for that $10mil financing round and up listing.
Or if you want, you can read it, but it is most likely going to bore you to tears and you won't learn much.
I think longer, VPDO had much better financials than GLLA when it was at the same share price/Market Cap. GLLA is still a major coin toss.
unfortunately it seems like VPCO did a few shady things in its past, and it earned them an F rating on the BBB. All the complaints I have seen about vapor corp have been about their online sales not being up to par. I feel like that nonsense is no longer an issue, as the vast majority of their business is brick and mortar now.
well, whether you can sell or not depends on your stock broker. I believe some will let you sell, and will just tally up the math after everything is finalized; there could be extra fees, but I don't know.
I know tradeking wont let me trade online until I get the new shares, but I believe I am able to trade the shares if I call up and speak with a broker.
Ask your online stock broker what their rules are on such matters.
Sorry I can't respond in private. To answer your question, the split already happened, so selling before the split is out of the question.
Personally I will not be selling until some time after it lists to the NASDAQ, as I expect this stock to double by mid-late summer. As for your particular amount of shares, it really depends on if you need the money, what your trading strategy is. I assume you are after a high gain high risk strategy, and if that is the case, and you have another big spec play lined up, then I would sell and load up on that. If you think that the amount you would make off the stock doubling is worth waiting 6 months, then hold the shares.
If you are more interested in long term retirement style investing(hold the shares for years) keep in mind, consider these things:
After the RS the company is currently worth 144 Million. By the end of the year, estimates says that the E-cig Market will be 1.7 Billion in sales by the end of this year, and some estimate the sales will double for a few years to come, even reaching 40 Billion within 10 years (so think Bonnie Herzog of Wells Fargo). It is hard to say what exactly will happen, but based off the 40 billion estimate, even if VPCO only captured say 5% Market share, that would mean that they would have 200,000,000 in sales for the year of 2023, or a 8-10x increase from this year. This could possibly translate to an 8-10x increase in share price from the $9 it is today. it could be this successful or it may not, I can't see the future, but there is a lot to be gained in the years to come.
So again, is that long term gain worth it to you?
Also keep in mind that it will not be so cut and dry, as with only 16 million shares I expect future controlled dilution, or a Regular stock split as the shares get high in value. And there is always the high change of a stock buyout by a big Tobacco company.
So the TL:DR would be, it depends on how fast you are trying to grow your money vs how much risk you want to take. I will be holding these shares at least 6-12 months, maybe selling a few shares along the way for profits. I will re-evaluate my opinion as things develop. Good luck, in what ever you decide.
It takes time to distribute the new shares, for instance Tradeking says 1-3 business days. During the transition VPCO will under the symbol VPCOD, for a duration of 20 business days. After which it will resume under the normal symbol. if you look at the volume, it is fairly low, so I assume not many people can trade yet; as the volume doesn't match the 5:1 numbers you would expect.
Based ont he 8K they will be listing to the NASDAQ no later than June 2014. As far as the exact date, it all depends on how long it takes them to meet all the NASDAQ requirements.
Krave is their flagship brand and is the majority of their sales. But it IS their discount brand, it is meant for the Masses. Their premium brands are 51 and Greenpuffer, I believe. And as piratesfan said, The Family Dollar sells many other brands, but they are not viewed as discount brands. also, the Family dollar is only 10% of their distribution, as far as store count goes, so I doubt that will shape the perception of the brand as a whole.
This is a very narrow way to look at stock, and puts you at significant risk for loss. sure it technically has more room to grow, but if that is your argument, why not buy VAPR? It is currently .04, and leaves even more room to grow. Better yet, why not buy a sub penny stock, there are some great stocks worth $0.0005, all it has to do is go up 1 penny and you make 2000% gains!.........
VPCO is years ahead of all of these other companies.
MCIG- Is purely after the Marijuana industry right now. They sell a dry herb vaporizer (VPCO also sells one of these...) they are currently not a threat.
ECIG (Victory) - They are probably the closest public company behind VPCO, but still far behind. I could see this company being successful one day, but currently is a terrible buy based on its outrageous price.
VAPR - This company looks like a Pure Pump and Dump scam. $7,000 in sales with nearly $4 MILLION in SG&A expenses. those are some big salaries for $7,000 in sales.
GLLA - This Company had its first ever sales this past quarter and they were about $28,000, with nearly $400,000 in SGA expenses, which is suspicious, but I don't know enough about the company to write it off completely, other than it is 5-10 years behind VPCO.
I am sure there are others, but there simply are NONE, at least that I have seen that resemble a company that is a threat to VPCO.
VPCO's real competition is big tobacco and a few private Ecig companies such as NJOY and LOGIC.
Read facts before you make stupid comments.....
Closing is referring to the $10mm fund raising round they did. When that deal closed( papers signed, and everything done), is when the dates on this 8K statement start to go in effect.
So for instance, this means that by like Dec 25th or so, they will announce the RS, so it is around the corner. And by June they will have listed to the NASDAQ, but most likely sooner, barring major unforeseen setbacks, which I find highly unlikely.
Read 8Ks
The answer to your question is in bold, but read all of it.
? At the closing, the Company is required to enter into a Registration Rights Agreement (the "Registration Rights Agreement") with the Investors (other than the Company's participating officers and directors), pursuant to which the Company will be required to file one or more shelf registration statements (the "Shelf Registration Statements") with the Securities and Exchange Commission ("SEC") registering for resale by the Investors (other than the Company's participating officers and directors) the shares of common stock purchased by them in the private placement. If an initial Shelf Registration Statement is (i) not filed within 30 days after closing,
(ii) not declared effective by the earlier of (A) five business days after the SEC informs the Company that the Company may request effectiveness of such initial Shelf Registration Statement or (B) 90 days after the closing or (iii) not effective for resales for more than 20 consecutive days or more than 45 days in any 12 month period during the registration period (i.e., the earlier of the date on which the shares have been sold or are eligible for sale under SEC Rule 144 without restriction) or any other required Shelf Registration Statement is not timely filed, declared effective by the SEC or continuously effective in accordance with the time periods prescribed by the Registration Rights Agreement, the Company is required to pay the Investors (other than the Company's participating officers and directors) liquidated damages in cash equal to 1.5% of the aggregate purchase price paid by the Investors (other than the Company's participating officers and directors) for the Shares for every 30 days or portion thereof until the default is cured;
? Within 60 days after closing, the Company is required to effect a reverse stock split on its common stock at a ratio determined in good faith by the Company's Board of Directors (the "Board") based on market conditions and other factors it deems relevant subject to the reasonable approval of the Investors which are affiliates of AWM Investment Company; provided, however, that the split ratio is required to yield an immediate post-split adjusted price per share of common stock of not less than 150% of the minimum bid price required for the Company to list its shares of common stock on The NASDAQ Capital Market;
? Within 180 days after closing, the Company is required to reconstitute the Board so that as so reconstituted, the Board shall consist of not less than five members, a majority of whom are required to qualify as an "independent director" as defined in NASDAQ Marketplace Rule 5605(a)(2) and the related NASDAQ interpretative guidance;
? As soon as reasonably practicable but not later than December 31, 2013, the Company is required to reincorporate to the State of Delaware from the State of Nevada;
? As soon as reasonably practicable but not later than 9 months after closing, the Company is required to list its common stock on The NASDAQ Capital Market and up until such time as the listing is accomplished the Company is required to comply with all NASDAQ rules (other than NASDAQ's board composition, board committee, minimum bid price and similar listing requirements), such as holding annual meetings and the timely filing of proxy statements; and
? Within 30 days after closing, the Company is required to reduce the number of shares of common stock reserved for issuance under its existing equity incentive plan to 9 million shares from 40 million shares (prior to giving effect to the reverse stock split referenced above). At no time is the Company permitted to have awards outstanding under its equity incentive plan(s) or otherwise for more than an aggregate of 9 million shares of common stock (appropriately adjusted for the reverse stock split referenced above and for any other stock split, stock dividend or other reclassification or combination of the common stock occurring after the closing).
The foregoing description of the Purchase Agreement and the private placement and the other transactions contemplated thereby is qualified in its entirety by reference to the full text of the Purchase Agreement and the form of Registration Rights Agreement filed herewith as Exhibits 10.1 and 10.2, respectively, and incorporated herein by reference.
The Company has issued a press release reporting its entry into the Purchase Agreement and the private placement contemplated thereby, which is filed herewith as Exhibit 99.1.
I agree whole heartedly, as I took the Opportunity to snatch up some $1.58 shares just today :D
I accidentally responded to the wrong person, but essentially yes. kateric10 stated he was less than pleased at having to buy in at the 52 week high price. So i said short term could be painful as I expected a pull back after the recent 80% run, however it seems to just run higher rather then really pull back. I still feel as though there could be a flash crash that lasts 10-15 mins when the RS is announced. Some bigboys might try to trip some stop losses and snatch up the shares of panic sellers. but I imagine it would jump right back to where it was. Kind of like what happened when they first announced the $10 million Fund Raising round. I was able to quickly snatch some of those shares near the bottom.
Opps, I responded to the wrong person, my apologies.
Your immediate future is going to feel painful, but longterm you will se plenty of profits even at the price you paid. Keep calm and be patient and wait for the RS and NASDAQ listing. This will become a real stock with less crazy swings and you will see a nice steady increase in price over the next few years.
Your immediate future is going to feel painful, but longterm you will se plenty of profits even at the price you paid. Keep calm and be patient and wait for the RS and NASDAQ listing. This will become a real stock with less crazy swings and you will see a nice steady increase in price over the next few years.
Your immediate future is going to feel painful, but longterm you will se plenty of profits even at the price you paid. Keep calm and be patient and wait for the RS and NASDAQ listing. This will become a real stock with less crazy swings and you will see a nice steady increase in price over the next few years.
Sorry but that won't happen. Not to mention the RS is part of the contract, so even if it hit $4 they would still need to RS at a rate of I believe 4:6 to get the share price to $6 as the contract that nobody seems to read, clearly states that the RS need to bring the share price to 150% of the NASDAQ listing requirement. So a $6 share price to meet the $4 requirement, presumably to give the company breathing room; who wants to teeter on the edge of $4 and risk not making the NASDAQ requirement?
Nope. Right now the O/S is about 80,000,000
And I believe they only have 9,000,000 shares that they can offer out.
Because there are day traders. If a day trader buys at $.90 and sells a week later at $1.20, that is a huge win. 30+% is nothing to scoff at. any not everybody has the patience to wait the 6 months before VPCO is on the NASDAQ and making waves. I am long as well, as my feeling are the same as yours.
to answer your other question, no the RS is not a death spiral, it is a requirement as per the 8K and the $10 Million fund raising to up-list to the NASDAQ. VPCO has to be at least $4 to list on the NASDAQ, which left to grow naturally would take a long time, so a RS is really the only option to achieve up-listing within the 6 month time frame.
For a fake company with a horrible balance sheet, an RS would be a death spiral as it would almost certainly be followed by massive dilution. However for a real company like VPCO with a great balance sheet, including the recent measure that reduced the amount of possible dilution by 75%, it is purely for NASDAQ listing purposes. I imagine uninformed people who panic sell and market makers who do a few tricks to swoop up cheap shares, could make the stock drop in the very short term, directly following the RS. But it would rebound almost immediately IMO.
I would say keep an eye out for the news of the RS and look to grab some discount shares, as some stop losses could be triggered. Then sit back and watch those shares go up in value.
VPCO is well on their way to the NASDAQ! they are hitting the required milestone quickly
1.They reduced the number of sellable shares.
2. Reincorporated to Delaware.
3. Next comes the RS, which they will announce within the next month, as Dec 22nd is the latest that they can do so.
4. They will Change up the board to meet the requirements
5. Lastly listing to the NASDAQ no later than July, but I imagine sooner than that, probably half that time.
Exciting times my friend.
Well considering it went up 33% in 1 week, you HAVE to expect some people to cash out.....