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I think you are currently, one of the only sensible people on this board...
it was some Stock pumping clown that was on the ECIG board trying to scam people out of their money, saying that ECIG was going back up to $50. I posted about how ECIG was extremely over valued, and VPCO was a better bet currently.
He got butt hurt, and came here to try and bash VPCO out of spite. I block him, and I suggest you all do as well MONEYMADE is the guys userneame.
Yes, you will see the amount of shares you own decrease dramatically, probably 90% gone but those shares will be worth 10x as much, so you are not losing anything. If anything you are gaining far more, by the massive amount of extra exposure, the involvement of huge firms who will now be able to invest, and so on.
Nope.
It is clearly stated within their 8k, I imagine as part of the deal they made to raise the funds, that they are REQUIRED to RS. Clearly read the steps below (I have bolded the most important statements to get an understanding of what they are doing, and how, barring something seriously going wrong, that all roads lead to VPCO listing on the NASDAQ.
Essentially yeah, however I would rather a RS closer to 1:10 as it would out the stock nicely over $5, and it would no longer be a "penny Stock" then. This would cut down on stock manipulation by shorts as well as open the doors to more larger investors, ones that have stock price minimums that they are allowed to invest in. Many large firm and funds are not allowed to touch anything under $5.
if all this happens, this still turn into a real stock with steady long term gains. Yes, we would see the huge price jumps any more, but we would also not see the huge price drops either; slow and steady wins the race over time.
Also, mind if you fill me in on what you mean by shady sales tactics? Perhaps those are outdated sources?
I imagine they can't do much shady stuff when dealing with Rite Aid, Dollar General locations, and Hess gas stations. Which I imagine is the bulk of their income these days.
Down down down it goes!
Buy this stock when it goes under $1, and you can probably make some nice profit in the long run. I can see this company becoming a success in the future. Still to expensive as it is though.
Well the main price requirement to list on the nasdaq is $4, and according to the VPCO 8K.
you are 100% correct sir, and it shouldn't be valued this high. It all has to do with the low float and insane short squeezes caused by that small float. The only reason it hasn't gone back down under $1 yet is because people are desperately trying to recoup their massive but inevitable losses, and have been refusing to sell, but every week more people realize it is futile, and that accounts for the steady decline in price as people realize, most people are not dumb enough to pay these outrageous prices. It is hard to get rid of insanely overpriced stock, when only a few thousands trade each day. Only a couple people are going to get lucky, and when the restrictions on shares are lifted, all the people that payed 25¢/share will be happy to sell for 50¢-1$, and the stock will plummet.
Now don't get me wrong people, I am not saying this company is a failure. I would not be surprised if this company because a great success in the future. But right now, is just not the time to buy this stock, anything over a $1 is probably a bad idea. IMO
This company is actually flush with cash, has amazing growth, hardly any liabilities, and will be uplifting to the NASDAQ within a year. Take your nonsense somewhere else. You are a scam artist, and you should be removed from ihub.
Definitely has a sour ring to it, but your math is a bit off...
Its 60k for every 6 shows... so far they have only had 10 shows, not 36. They are coming up on 120k worth of compensation. Unless you are aware of plans for them to air 26 more episodes, you should supply correct data.
I am not defending the stock, as came to the realization that this stock is dead in the water. I lost my shirt on this crap, but I still appreciate accurate info, even if the stock is scammy.
First things first, I AM NO EXPERT! I just read as much as I can. Do not rely solely on what I post as your only stock buying advice. I have lost my share of money on the market, and am only doing my best to learn the world of stocks, as you people are. Do your own research, and make informed decisions.
Now that that is out of the way, here is my OPINION of what is developing.
the recent 8K leads me to believe they are gearing up to get out of the OTC and list on the NASDAQ. I will try my best to explain why I have arrived at this conclusion. I will source the filed SEC documents as evidence, but it will be paraphrased; read these documents yourself for a more comprehensive understanding. So here goes!
As we all know, VPCO just had a great Q3 report, and in that report they mentioned all the regular stuff, sales, expenses liabilities etc. However they also took the time to mention new product lines on the horizon.
everyone seems dumbfounded. But if you guys looked closely at the 8K you would see that it appears as though, this puppy is HEADED TO THE NASDAQ!!!!!
•
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).
Indeed it is dilution, however all public companies do this. PPS will often drop in the short term, it just hurts to see it. If they didn't just release such a promising Q3 report I would be worried.
Everyone keep in mind that on the report they mentioned new products that are in development, this very well could be related to that. I personally took the opportunity to load some shares, and I expect a rebound, not to mention a promising future that I still believe is ahead.
Took this P&D as an opportunity to sell my worthless shares to salvage SOME money back. I feel bad about to poor sap who inherited my garbage :(
I am not expert by any stretch of the word, but my opinion is that Costs usually trump everything, when dealing with giant companies. I doubt Gasfrac will ever be as cheap as hydro frac, and as water recycling technologies improves, most of the water issues will be dealt with. With graphene on the horizon, which I believe Lockeed Martin is heavily researching to make revolutionary filtration, I forsee water issue becoming not a problem over the next decade or two. For those who don't know, one of the many amazing properties of graphene, is that ONLY water can permeate through it.
not to mention Halliburton will not just be pushed aside. You can bet your ass they will fight to keep their water tech on the forefront, and with a 47 Billion Market cap, they have a lot of sway in the industry and in gov't. I am personally not concerned about gasfrac.
I am not 100% on all of the rules involving the NASDAQ requirements, but there are OTC stocks that do make their way on to the NASDAQ or the NYSE, and I would not be surprised if VPCO did just that. There is always a buyout chance as well. But this is for sure one of, if not the most solid OTC stocks out there, at least as far as I have seen. I
Upon a quick search I found this...
Each company must have a minimum of 1,250,000 publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. In addition, the regular bid price at time of listing must be $4, and there must be at least three market makers for the stock. However, a company may qualify under a closing price alternative of $3 or $2 if the company meets varying reequirements. Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360. Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards:
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
So as you can see, VPCO is far from meeting these criteria to be listed on the NASDAQ, I don't know about the other exchanges, but I am sure they are easy to look up. I also am fairly sure there are a lot of expenses involved in getting listed, something a small growing company may have trouble with. The stocks that you see that get listed directly on to the NASDAQ have boatloads of Venture Capital backing them up, so they always have to adhere strictly to the rules, I think they get some time to build the business. NASDAQ listed companies can definitely get booted if they don't measure up after too long; a good example is Cereplast CERP
Yesterdays trading confused the hell out of me as well, but I think it was just an anomaly in the space time continuum, or because it was monday and people didn't realize they reported? With a little patients, I think we will see the true value of VPCO shine real soon.
As for ECIG, you can refer to my last long winded comment about why ECIG is so ridiculously high.
I don't know how familiar you are with technical stock jargon, but here is an explanation for you. ECIG just recently IPO'd on the OTC market. During this time a company issue shares to initial investors, most of which are locked shares, meaning they can't be traded for 6-12 months. This leaves very few free floating shares (tradable shares). Now I am not 100% on the facts here, but this is my understanding...
say there are only 10,000 shares available to trade, and some short sellers come along and short those shares (Shorting is when someone borrows shares, immediately sells them and hopes to buy the share back at a lower price, which they return to the person they borrowed from, and they pocket the difference) However short selling shares have a time limit as to when they have to return the shares, and if they do not do it in time they could face penalties and be banned from trading, if they do it too much.
So anyhow, the time limit on the short shares is coming up and they go to repurchase the shares, but say in this case, there is a new story about ECIG which hypes everybody up, and nobody wants to sell their shares, because they think they are worth a lot. Well the short sellers are shit out of luck and have to buy the shares at whatever price is available, and this can drive the stock up very fast, as the first few shares are sold 15% higher, than 30%, 80%, etc as people see the price going up rapidly, they raise the price they want to sell them for and BOOM, you have what is known as a short squeeze.
This is my understanding of what happened with ECIG, and frankly the price of the stock is astronomically high, and as soon as the trade restrictions are lifted on those shares I was talking about at the start, ECIG is going to PLUMMET! about down to where VPCO is if not lower (unless there are some major developments in the mean time) Based on the shares outstanding+financials, ECIG should be around the same level or lower as VPCO.
Think of it this way, right now ECIG is valued at over $1 BILLION, which is ludicrous for a company that reported $1.5 million in sales, with a $626,000 net loss last quarter, the math just doesn't add up. I am not saying ECIG wont succeed, but now is not the time to buy that stock, and in my opinion the best bet is VPCO right now. VPCO is much more established, larger product line, more patents, way more sales. I myself was very dumbfounded at yesterdays trading, after what seemed like a great financial report, but I will be patient and I know that VPCOs price will soon be up where it should be.
whew, sry about the long explanation, I hope it helps. Good luck in your trading!
Here is an interesting Tiddy bit that I noticed which appears to be what I have been talking about for a while.
"The sales increase was achieved even though we had decreased sales to a distributor. During the nine months ended September 30, 2012 we initiated sales to a new distributor."
Looking back at my old files, some of my Initial designs for the Krave Kings/Njoy Advertising we supplied to WilcoHess, are dated 9/20/12
It seems to me that the "new" distributor they mention was indeed WilcoHess, which was what gave me so much confidence in this stock.
Based on what I read of the report, which was full of great numbers and news, Along with the fairly high volume, I expected the stock to go a fair bit higher today. Can anybody fill me in on something I may have missed that would be holding the stock at these levels? VPCO has been sitting around .93-.95, all day. What's the deal?
Based on past filing dates, I don't think the report will come out for another 10 business days at least. Either way, I am excited to see my position go up up and up!
they are due by the 31st. VPCO has gotten extensions before, but last quarter they released them on time. so my best guess is that they will release them sometime in the time frame of Oct 25th-Nov15th. It is hard to say, but that is my best guess based on the last 2 Q reports.
Between now and then you can probably expect a lot of roller coaster action in the PPS. I like to flip half of my position for little gains on the peaks and valleys, but it is getting riskier as they could possibly report something earlier than expected. Good luck to you though.
No reason to get annoyed my friend. VPCO is going to have its random peaks and valleys as most OTC pennies do. Just wait for the quarterly report, that is all that matters. We will know the fate of this stock soon, and I have a damn good idea that it will be worth it. I spotted this stock at 20¢ because I of my position, although I hesitated and missed the huge gains I was still able to get some nice profit from some .77s that I sold around $1.10-$1.20. Since then things have only gotten better from my unique perspective. Do yourself a favor and don't sell before the Q3 report!
I imagine some shorts covered before the stock inevitably goes up. the stock is WAY oversold, and the short position has been decreasing rapidly.
Ihub coverage of this stock is bugged. When affy switched to the OTC away from the nasdaq, Ihub never got the new info, so it is essentially showing data for a non existent stock.
There has been news this quarter. There was an SEC filing showing that the opted to pull some quick cash through a factoring agreement, which I assume allowed them to not have to resort to another bank loan or any private placements, avoiding dilution. Because of the nature of what factoring agreements are, it tells us they are making sales. Not to mention the NEWS I KEEP SAYING! about WilcoHess being a whole sale purchaser of their KRAVE KINGS, as shown by the Large order of advertising materials they purchased from the company I design for. So I know for a FACT that they are making large sales there, enough to supply a 350+ store chain. Anyone can verify that I am telling the truth by visiting a Wilco or Hess gas station to see the ads I produced. There are however hundreds of Hess stations that are not part of the WilcoHess Joint Venture, so it is not guaranteed that one you visit will be one with my advertising. I know that at least the southeast coast area stores will have them.
Unfortunately all my funds are tied up. I missed the last run to 1.13 and never sold when I had the chance. I am sitting at $1 avg share price, so I am at the mercy right now. Not to mention it is close to the end of the quarter, and I am nervous about selling shares, as I believe this quarter will have a nice surprise for investors. The drop in price seems like stock manipulation to me, people trying to snatch up other peoples shares.
I imagine some targeted selling to trigger some stop losses which is why it dropped so heavily today; it seems the only explanation for the drop and the volume on a no news day. I doubt that the stock is being heavily diluted, which is the only other reason I can think that could cause this volume/drop.
If I had the funds I would certainly be loading right now.....
Obviously the Big companies can compete. Lorillard bought Blu and quickly snatched up 40% market share with there quick television advertising campaign. The big tobacco guys are some of the biggest companies in the world, let alone the tobacco industry, they have limitless R&D Funds. I think it will continue the usual pattern, where many little companies spring up and fail or get bought out, until all the companies consolidate. I imagine a future with 1-2 pure vaporizer plays (if any, they may all get bought out) and the rest owned by Tobacco companies.
VPCO is lucky that they have a head start on most others, otherwise it could be very hard for them to get going. I have a good feeling they will get bought out some day, but for a fair amount more than they are worth right now. If Blue could get bought for $135Mil than VPCO could easily double or even triple before a buyout; as they market cap is only 60Mil currently.
The one concern I have is, Tobacco companies flexing there muscle, and forcing retailers to give preferential treatment to their brands, by threatening to pull their tobacco products, or some other means of persuasion. This would obviously make it hard to compete for smaller companies.
Luckily one of Vapor Corp's brands is Vapor X, a Personal Vaporizer ;)
Don't concern yourself about not having gotten in on ECIG. with the float available, your chances for having profited off of the huge increase in share price were minimal, many people got burned hard. My opinion is that ECIG is going to continue to drop in price till it is below $5, but probably even lower.
Currently my money is on VPCO, they are more established, have a larger product line, better earnings, more market share. Also VPCO is priced far more realistically, than ECIG. VPCO is had a nice jump in price this year, as people just really started to learn about them, and I was able to make some nice profit, as I found out about them before the big news story that changed everything. I found out about them through my work, because I was designing advertising for Krave Kings, which we produced and has been in about 350ish WilcoHess stores since the beginning of the month; so I know first hand that they are making sales. VPCO had one bad quarter, but the past 4-5 quarters before have had a steady 30% growth.
ECIG might be a good investment one day, but it is certainly way overpriced right now. You have to make your own investment choices, but I have a lot of confidence in VPCO.
News story brings hype. Low float means not many shares available, so a short squeeze can send the stock up insanely fast. since they short HAVE to cover, regardless of the price they are forced to pay for the shares. This can be indicated by the last 10,000 shares traded at the very end of today, that sent it from $20 to $49. which puts the market cap for this stock at 2.6 Billion, which is pure insanity. 200% increase is revs means nothing!!! that puts there quarterly rev at like 4 million? in what universe is a company with 4 mil in revs worth 2.6 Billion? Especially considering the entire E-cig market was worth only $500 mill last year and is projected to be between 1-2 Billion this year. BLU e-cig hold 40% of this market, so there is NO room for a tiny company like Victory to be worth 2.6 billion....... expect a meteoric crash in the price to less than $5, but most likely $1-$2.
Not saying this isnt an investment worth paying attention to. What I am saying though, is that, they went from Zero revs to 1.5 Million in Revs, so that makes the gains in revs seem huge.
I imagine there revs will be higher this coming quarter, but at the current $20 price, this puts the Market cap at over 1 billion, on a company with 1.5 million revs last quarter, with 626k in loss.
At $100/share that would put it at 5-6 billion market cap. Needless to say, this is insanely over valued currently, and will com crashing down soon.
obviously the people who got in at 50¢ made bank, if they were even able to sell shares. But with only 32000 shares traded today so far, I doubt many people were able to capitalize on the gains.
This stock is going to come crashing down, as the true value of the stock is probably around $1 at best right now., based on numbers. For comparison VPCO has 4 times the revs, with similar fundamentals, and is only $1/share. the outstanding shares on VPCO are somewhere over 10 million more shares so a bit more diluted than ECIG, so really factoring in the math the true value of Victory is probably still like 30¢-50¢; although I have not fully investigated their financials/liabilities etc.
My opinion, that buying ECIG now will almost certainly losing nearly all your investment, wait till it comes crashing down first, which is will , with 100% certainty.
I would like to point out that Victory Ecig ECIG is up massively over the past month, including over 23% today. HOWEVER, it is on a volume of 145 shares, with an average volume somewhere between 800-1,500. so its giant price increase is essentially meaningless.
All it means is that one person scammed another person for 150 shares at a ridiculous price. Price with no volume means nothing, unless the stock is Berkshire Hathaway, than it counts...
it is the same thing we saw with the insane price increase with Medbox a while back. price rocketed up, but on almost no volume, and dropped immediately afterward, which I expect ECIG to do soon.
Just my opinion, I could be wrong, who knows.
I couldn't find anything to explain it. My only guess is that:
1) It was an insider buy, since OTC stocks are not so strict about insider transactions.
2) It was a major short covering.
3) It was an institutional buy, which I think is less likely, because there is usually some word about big institutional buys.
I have been flipping part of my position here and there to add shares, but I am thinking that time has almost run out as far as doing that. I think the steady ride upward is around the corner. I am thinking that Q3 is going to have some nice news. In it for the long haul.
Pretty sure he was just joking....
Nice post, glad to see people doing actual research, and site sources.
I think VPCO has a very strong future ahead. As you stated they have a large product line, I believe the largest int he market ( at least the U.S. Market) According to a statement by the CEO during an interview. I believe it is this video
Having this large product line has the benefit that the various products are all marketed in different ways, to different demographics, like you were saying about Vapor X; this similar to the way Honda and Acura are both Hondas, but appeal to different people etc. So essentially they have diversified and thus protected themselves in a way. it is also my understanding that they have a fairly large % or Market share, however the data I saw on this was old and I don't know how it has changed since then.
I disagree however about the buyout potential going away. My reasoning is that, if they do indeed hold a large Market share, a big company will always want to claim that share, and would be willing to buyout with he promise of larger margins for years and possibly decades to come. There could also be a lot of interest in buying out Vapors I.P. as they have pioneered a lot of tech in the Ecig market.
I think Vapor has been in long enough and has established enough market share that they will not just be drowned out by over saturation. My opinion on this matter comes from he fact that I am a Graphic designer and work in Convenient store advertising, as well as my personal observations; as people are well aware, Cigarettes are a huge source of C-Store revenue, so trends involving C-stores are good indicators of the overall market.
Out of all the brands I make Ads for, I have made the most for Krave brand and Blu Brand. I live in NC, which is where Lorilard (i.e. Blu) is based, so it makes sense to advertise them a lot, however VPCO is Florida based, and I would not expect to make tons of local advertising, unless they are selling well. My personal observations have been that many E-cig displays that I have seen are 1/3-1/2 filled by Krave brand.
Also I have stated before that the company I work for recently shipped out a large order of advertising materials, to the WilcoHess Stores, which is over 300 or 350 stores. This Advertising was for both NJOY (the largest distributor i.e. Market Share) and Krave King. Not to mention, it is possibly going to be made an inventory item, and uses a decal pricing system, indicating that they plan on running the ads for an extended period of time. I imagine the revenues from this large distribution deal will shine nicely on Q3. Anybody who has a Wilco or Hess gas station near them can confirm that I am indeed telling the truth.
I would say that my biggest concern would be shady business practices on the behalf of the big boys. Possibly forcing distributors to refuse selling VPCO brand, with the threat of refusing to allow those distributors to sell their Cig brands. Other than that I think they have a pretty secure future.
Indeed...try flipping some shares. I like to keep half or more of my position, just in case it starts a run. The few hundred extra bucks every couple of weeks though is nice, I've basically been able to grow my position without having to add any funds to my account, so that is nice.
Hard to say. I know however, that I have been having luck flipping half of my position every so often. It has been been jumping around in the ranges of 80¢- $1.10, so there is a lot of room to make extra bucks and even get back in at lower prices. However, the clock is ticking on that before it starts it steady ride up. Based on the information I know, I have a strong hunch that Q3&Q4 are going to be very positive.