Tuesday, July 21, 2015 11:35:20 PM
VPOR the good is I actually think the conversions are done and have been for a long while. The bad is the filing and auditing debacle killed what would have been a good post dilution bounce. Also the bad is it could not hold trips 7. That was the signal to leave. When these can't hold trips 7 then the MMs will cellar box them. They become slaves to tick flippers and cellar boxing once below trips 7. Every tick becomes such a big percentage that even with buying pressure there is always a lot of selling. It takes massive buying to overcome low and mid trips. I have not messed with VPOR ever since those auditing issues happened as I felt it was going to mid or low trips. On the flip side if it ever gets back to trips 7 I will get interested again. When a low or mid trip stock hits trips 7 on the way up it almost always will continue on to 001 and above. Good recent example is IGRW. For weeks and weeks it held that trips 7 level and passed 001 today. Bottom line is when and if VPOR gets back to trips 7 then it should be looked at again but not until then.
Take care and good luck to you too.
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