We have a small cap fund that just took a 10%+ stake with the funding of 10 million in cash which is a big endorsement of the potential of e cig business and this company in particular. Wells Fargo conference on e cig thursday will be showcasing to big institutions VPCO. Great time to announce whats in the works
Reverse split will leave VPCO with a very small float and with future sales and earnings growth accelerating likely to the 100% area, this stock will be momo stock and is greatly undervalued
Good move as part of 10 million raise
reverse split coming along with NASDAQ listing up next
those tools never are right!
Todays volume may be the start of a recommendation coming out
institutions moving in, in a big way
This move is following pattern from late june to mid july 2013
stock went up from 850 to 950
same MACD pattern
this move started from 1070 and likely will head to 1250, before any consolidation
After 3 week sheld, PCLN above past top. Stock is buyable for major move up!
MACD cross over strongly shows huge buying interest by institutions. Stock cheap here with PE of 19 and growth of 20%
he he, business 101 classes have opening today! lol