From the sounds of it, hardly anyone on this board but you thinks this stock sucks. Here's the secret, my friend: By low, sell high.
Its awesome to watch the rise in VPCO volume since the great financial results call. Fund interest is clearly growing, and the stock is in that beautiful pattern of easing back causing some to panic but then leaping forward higher and higher. Its a sign that more and more daytraders are starting to smell the money. That's excellent for driving a high-growth company stock higher and higher each week. Not for the faint of heart, but investors in trendy stocks like this are usually highly rewarded and also have a great time enjoying the awesome ride!
What your comment does't value is that investors invest in individual companies and, but one company acquiring another company that has positive earnings, the acquiring company's earning automatically grow. And, with cost savings from synergies and other overlapping costs that can be eliminated, earning from acquired cash and investments, acquired industry advancements and patents that the acquiring company may be able to more effectively apply, etc., the earnings of the acquiring company may actually be able to grow faster than before. It's all about the growth growth of the individual company, within and beyond the industry that they are currently in. Savvy investors recognize and value that.
Look at AHIIs fundamentals and prospective market opportunities. From that perspective, when compared to VPCO, some investors might see VPCO as a much better risk than AHII.
Nice presentation, except for the temporary audio glitch. I was really happy to note that there were questions asked by representatives from the following firms, which supports that there is VERY serious new interest:
Roth Capital Partners
Emerging Crown Equities
Investment Research Center
Lester Asset Management
Leading up to the nasdaq listing, I'd expect new retail outlets to be announced (which could happen at any moment). Also, prior to finalizing a new listing, its often wise for a company to entertain M&A discussions with possible suitors, so its realistic to expect rumors of a buyout to start circulating over the next few months. And, more small aggressive growth funds will be licking their chops to get in prior to the up-list (3 jumped in over the past few months already), snapping up more limited shares after the recent r/s. In spite of all that, there will still be shorties with some seriously huge cajones out there!
For further thought, assume that each of those 766,500 new daily youth smokers per year spend the equivalent of a few cups of Starbucks coffee per week on recurring e-cig costs (e-juice, etc.), which is a conservative estimate, and we're looking at an industry sales increasing by $500,000,000 per year, and again year after year, just from new money-wasting youth consumers. That awesome growth rate gives VPCO's current $20M annual revenue number some gorgeous headroom. This is a no brainer.
With the Knight Global announcement, I'd expect to see the visual media industry display VPCO products in the movies, pushing the envelope for acceptance of safer products. Excellent move VPCO!
Appears to be just a false rumor. Ads that appear to be "news stories." Probably funded directly or indirectly by traditional cigarette companies that are becoming seriously afraid of the looming reality.
Yawn. Just like with everything else they say, the bought-off FDA regulators are not going to change the growth in demand for e-cigs. And if the tobacco company executives think that they can also stop that growth, they're fooling themselves at the same level as the horse-buggy makers who were certain that grass-eating horses were superior to the gas automobile. Public demand always overcomes regulation, and the politicians who don't support public demand are quickly voted out.
The overwhelming majority of e-cig buyers will be from the multi-billion $$$ pool of existing smokers who will do it for the no-brainer health choice. They're already used to being banned from smoking in public, so a ban on public vaping won't change anything for them. But then, consider the rest of the world (multi-TRILLION $$$ market) where smoking is openly permitted. The health choice will eventually be made available to every smoker in the world. Talk about a growth opportunity?! The entire U.S. market is only a slice of the pie.
The agreement specifically says "Within 60 days after closing...", not "Within 60 trading days", which makes it no later than Dec. 28th. The agreement says that the result of the reverse split must raise the per share price to no less than 1.5x the minimum NASDAQ listing price requirement. A very important thing to note is that the date requirement to actually list is not until Summer. So, that leaves plenty of time and opportunity for this reduced-float stock to appreciate in value as demand continues to grow which, in theory, would open the opportunity for the company to occasionally release additional outstanding shares as the price rises, raising more funds for growing operations, but also increasing the available float prior to the NASDAQ listing date. Controlled dilution while the share price goes up is a very healthy and wise thing for a public company to do. Seems to me like VPCO is doing everything right to balance share appreciation along with preparation for listing in 2014. I like investing in smart management.
On Oct. 29th VPCO announced that the $10M agreement had closed. According to that agreement:
"Within 60 days after closing, the Company is required to effect a reverse stock split..."
That means that the reverse split must occur by Saturday, Dec. 28th.
Ha, I remember thinking that when I "graduated" from buying beer to making my own exceptionally good beer. Very cool at first, but then the microbrew industry grew to fill the gap in market desires, and now I can find exceptional craft brews that are basically as good as the best home brews that cost about the same as making it, with much less time & effort. If the current snob market for "other devices" and "better e-liquids" gets truly big enough, the players like VPCO will step in. The market always catches up to demand, if the demand is really there.