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Re: yeag1717 post# 1293

Friday, 11/22/2013 2:22:52 PM

Friday, November 22, 2013 2:22:52 PM

Post# of 62121
Because there are day traders. If a day trader buys at $.90 and sells a week later at $1.20, that is a huge win. 30+% is nothing to scoff at. any not everybody has the patience to wait the 6 months before VPCO is on the NASDAQ and making waves. I am long as well, as my feeling are the same as yours.

to answer your other question, no the RS is not a death spiral, it is a requirement as per the 8K and the $10 Million fund raising to up-list to the NASDAQ. VPCO has to be at least $4 to list on the NASDAQ, which left to grow naturally would take a long time, so a RS is really the only option to achieve up-listing within the 6 month time frame.

For a fake company with a horrible balance sheet, an RS would be a death spiral as it would almost certainly be followed by massive dilution. However for a real company like VPCO with a great balance sheet, including the recent measure that reduced the amount of possible dilution by 75%, it is purely for NASDAQ listing purposes. I imagine uninformed people who panic sell and market makers who do a few tricks to swoop up cheap shares, could make the stock drop in the very short term, directly following the RS. But it would rebound almost immediately IMO.

I would say keep an eye out for the news of the RS and look to grab some discount shares, as some stop losses could be triggered. Then sit back and watch those shares go up in value.
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