Vape Holdings Inc. (fka VAPE)

[nopancakemix]

Don't Know About Support But Plenty of Buying
There really isn't much support in most MJ plays (long term especially), VAPE included, because most MJ equities are still at all time highs that were reached in parabolic rises over the past 5 months. Void of any fundamental news, VAPE looks to be steaming towards the 1.25 gap in December 2013. If you are a new sub-$5 long like me looking to accumulate that number doesn't worry me but if you are a buyer in the past 5 months, I'd prepare for yourself for the potential of 1.25

VAPE seems like a great company. I am committing a decent amount of capital to VAPE because I like their business. The company has real products and real revenues as far as I can tell. The share structure is excellent making them attractive as an investment and even a buyout. Comparable companies have market caps in the $350m range (with share counts in the billions) and that valuation for VAPE would put the pps back in the 40 range.

Remember, it's always darkest before dawn, buy when there's blood in the streets even if it's your own, blah, blah blah.

Good fortune to all