Vapor Group Inc (VPOR)

[MD-420]

I really stopped trying to pick a bottom on this one, but I'd like to think this is the bottom for this play and many others. I would be very surprised if it hit .02s

This ticker has given so many head fakes that I'm just watching and waiting for some real support to be established. I do think VPOR is legit, but there is something going on with the stock that won't let longs get any traction and makes me nervous to step in. This last week has been encouraging, but I've seen it do this before, where it bucks the trend and then it dives right after you would think it would be making the next leg up. Just my observations, so please don't hate as I'm not trying to bash. It's quite possible when things turn positive for the sector, this flies like a bat out of hell. If I see this get back to .6, I'll wait to see what happens on the next pull back and evaluate sector sentiment and then start to take a position if things look good. If sector is not heating up at that time, I could see traders keeping this in a range and shorting it back down to the .4s. That is my thought process. Those gutsy enough to enter her could be rewarded nicely, and shorts may just be giving this a rest until it runs back to the 6s and a new battle begins.

This is all jmo, and I am not an expert. I like to actively post my opinions and learn from other posters. Just been watching for some time, and hoping I'm right that a turn is coming for all of us, and if it does, I do think VPOR will have a nice run.