It appears most traders on the sidelines here are waiting for a sales update before jumping back in. VAPE has been primarily a momentum play due to sector and product. Movement was more fluid prior to having a real product (aka moved dramatically on hype), but when they acquired HIVE the game changed. Now it will be sales related expectations. Until we have more concrete news there isn't any incentive for day traders to jump in on this since it isn't moving much. IMO, the only ones buying are expecting to hold at least a few months and the rest will jump in with solid news updates. When that happens I also expect to see a large short term increase followed by what I ope will be a new higher base price.
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