Electronic Cigarettes International Group Ltd fka ECIGQ

[buydontborrow]

E-cigarettes could grab a tenth of the entire tobacco market. E-cigs yield higher margins for manufacturers and retailers as they aren't subject to excise taxes or settlement payments. Hong estimates they could hit $10bn in sales over the next several years, compared with more than $1bn this year, while grabbing 10% of the overall tobacco market (and 15% of market profits).