Typical shortard empty headed rhetoric
I'm sure he knows who it is that loans shares to the shorters.
HFTs/Scalpers/Skimmers are all over this stock.
What does that say?
Relegate it to the "Topic Hidden" trash pile.
While you have your Ms. Cleo dress on, can you give us the Super Bowl, Kentucky Derby and World Cup winners?
How's that ACHN working out for you.
If the Qtr met or beat expectations why the rush to enter into such poor financing arrangement.
Failure to file the report on time is hardly ever a good sign.
Do not put all your eggs in this basket.
The shrieky shorts are in pain
These are rough numbers but they are accurate and gives us an idea of just how robust the sales growth has been and continues to be:
2013 year end revenue: $3,000,000.00
Q1/14 revenue $4,100,000.00
Q2/14 revenue $11,287,000.00
Q3/14 revenue $15,900,000.00
Q4/14 rev guidance $20,000,000.00 – $30,000,000.00 (Meet or exceed and BOOOOOOOOM)
2015 guidance $150,000,000.00 – $200,000,000.00
They were buyers at $60 and got shredded.
No wonder the morons are moaning
The CFO may be able to shore up any final financing needed to clean up their balance sheet. Shareholders just approved a reverse stock split and that looks like it will be in the 10:1 range. If so, the company will be back to sub 30 million shares outstanding and a stock price back above $1, which is better for attracting institutions and up listing to a better exchange. One of the interesting things about this situation is that you could value the company substantially higher based on revenue levels and growth rates. If they hit the low end of their sales forecast in 2015 of $150 million, with a cleared up balance sheet and cash to grow, 1-2x sales is very reasonable. That would see the stock trading 200-500% higher from 15 cents by year end. This isn’t a forecast, it’s just an example of what the market could peg as a reasonable valuation. With modest profitability on those sales and growth rates predicted to continue, who knows, 10x sales wouldn’t be out of the question.
Normally, ECIG is too low priced of a stock for us to recommend. Most of our subscribers are high net worth and institutional investors so we tend to focus on higher priced companies so members can take meaningful positions. But with ECIG trading 20 plus million shares per day recently, we felt it’s appropriate for a flyer. Personally, I like the electronic cigarettes sector, which WILL take a percentage of the long time tobacco/cigarette consumers away from big tobacco. I have several friends that quit smoking cigarettes as they transitioned to E-cigs and many have started smoking the vapor to still be social in public settings, where cigarette smoke is slowly being banned worldwide.
Certainly, the potential market is huge. ECIG has a strong foothold, popular brands, and is an aggressive first mover. I like getting involved in stocks like this that were mercilessly beaten down well below fair value due to greedy toxic debt holders (I won’t call them “investors”). We’re in cheaper but this could be an interesting speculation for those of you not afraid to take on some risk. Monday will be telling but because the stock is not overbought, we could see a run into the end of this week.