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Wednesday, August 20, 2014 11:10:37 AM
Vapor Group is in it's infancy and has been only operating in it's current form for about a year.
The cost of the first few brick and motor locations were included in 2Q expenses, however no revenue was booked for these, meaning that there were costs associated with renting the buildings, remodeling, etc.
The Stock market (S&P 500) is in general very overvalued, and a large correction is likely before the end of the year. All the metrics indicate such, examples include P/E ratio, U.S. GNP vs Wilshire 5000, and margin debt levels (borrowing $ to purchase stock) all indicate a crash is imminent. I have limited my exposure to big board stocks as such.
The vaping market is expanding at exponential rates.
Marijuana market (medical & recreational) is expected to continue with it's momentum and likely more states will get on board with legalization in the near future.
Just my thoughts.
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