Although unlikely for Monday, given how incredibly oversold this is, I will liquidate some other portions of my portfolio to add to my position if we see any PPS reminiscent of Jan-Early Feb.
It must be noted that the recent ambient PPS should not faze those looking for a true to form investment. As much as I would have enjoyed an early peak into the $0.20's, I had no pre-determined value for this stock during the week, month, or year that would cause me to close my position. The last couple day's PPS has converted ECIG board's "longs" into bashers, and that speaks for itself. An educated and/or successful investor does not take a huge position in any company at i.e. $0.12, plan to purchase a Maserati at $0.19, and then sell out at .10 believing their investment was salvaged. If you are a "long" with ECIG, you're not bashing the stock after a couple weeks of trading out of dormancy. People have this unrealistic expectation of linear/parabolic growth in the stock market accompanying chatter. I believe that ECIG will establish a very attractive PPS. It will happen as a function of time in the form of peaks and troughs- not an unrelenting, linear trend. A "long" target is not .25. A "long" target anticipates PPS figures in the multi-dollar range.
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