These two companies will make allot of profits. Vaping products are going through the roof. I'm not worried about today. I figure that people who short the markets are in full force shorting penny stocks today.Thanks to them I can load up some today. Today is a great day to buy.
I've also posted several times that there may be a sell-off after the xdate from people who've been holding their shares for the dividend. But I fully expect that once VCIG starts trading the pps of MCIG will rise proportionately with that of VCIG. This will be driven by their Q-2 financials which are due to be released by mid December. We should also receive some guidance at that time for Q-3 which should look pretty good with the release of MCIG 3.0 this quarter at 6x the price of the current product and the VCIG vaporizer at 10x the price of a disposable VCIG. We should also see some news about new distribution agreements, MCIG + and LiqCig.
I had hoped that they would set the xdate closer to the start of VCIG trading but it is what it is. The future looks good for those with the patience to wait it out.
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