wait til you see next earnings release. added stores. Probably do a $5M quarter reporting in November with a near 50% margin.
yes I think they are. why not stamp out vpco before it gets momentum? as the only nasdaq pure vape play if it builds out a national presence its a threat to both product mix and more so. . . sales channels. it will take time but could happen. vpco next move should be to open next shops or rebrand shops in Colorado, Washington, or Oregon to get sustainable volume and move the stock upward on mj interest to break the sellers advantage of dropping small blocks to bring the price down. then roll out aggressive store strategy. every store makes $$$. web site sales are the X factor that could supercharge growth although the stores would help that by building brand.
Every time this gets a move up suddenly on small volume it gets taken down. Wouldn't doubt big tobacco owns a big block they can sell out of. Or someone with an interest generally to see this stock drop. Makes no sense whatsoever that we sit as a market cap approaching near a quarter of revenue.
company could buy back stock too. wouldn't take much to get this back up over a dollar. the other thing is they could attract a small fund to baseline the bottom price. Get out there and campaign for the common.
This stock trading action is odd for nasdaq listed company. And the market cap is low enough someone could buy some nominal sized blocks and easily send it over a buck.
we didn't even catch the upswing with MJ stocks that started in august. they've softened a bit while vpco stayed dead on the vine. we've decoupled from the basket and not in a good way.
They already declared the numbers last year for revenue. each store is approximately $1M in annualized revenue. And from the most recent filing you can see cost of sales for margin which improved. No mystery here. A solid growing set of stores delivering profits. Vaping popularity continues to grow and aggregate studies will eventually prove out it is safer. Another nice metric people overlook with vpco is that admin costs are not escalating. They are keeping them in check while growing topline. I wonder who bought the capitalization shares? Someone with deep pockets likely. maybe frost still on board just needed the vpcou shares as his vehicle. Don't know on that.
pre split we are at like 0.13/share. cool yeah @ 0.25-0.35 we should be double or triple from here minimum. I agree!
they've been smoking longer than the usa. I would tend to believe them. Study posted.
I've been in this all along for the long haul. Ever since they took over vapo I saw the opportunity to get in on the ground floor of the only public trading nasdaq vape company. It tumbled with the uncertainty over financing and more than I thought would. Oh well. . . chance to buy more shares here. we are at like 0.16/share before the split. As they continue to add stores the revenue will jump up and profit will overtake overhead costs. Everybody gotta start somewhere for a chain of stores. Vaping is huge and high growth. As this chain expands it could turn into something awesome. Like a chipotle or Panera.
Figure now a good time to dollar cost average down and break even sooner. there is no immediate risk anymore. they are fully capitalized and mgmt. is following through successfully with turnaround plan. still speculative to some degree? yes of course. I think we are going to run though because most of the sharp fall was over uncertainty with capitalization plan. not sure why we sit so low at this point. expect to see that quandary resolved in a rally.
they said recently every store is profitable. Margins went way up. Once they get more stores opened they can reach a momentum to build the brand on a national level and expand the online sales as well. Capitalized to do so. Vaping is super popular and they are showing great top line growth. People beat down the stock ahead of earnings expecting the worse and they were wrong.
+ website sales. At this point I'm down so much I'm waiting on earnings. Vaporizers are a popular product right now. I'm figuring it's silly at this point to dump. My plan was to hold and see full complete earnings picture anyway without PPS collapse.
not really. the vpcou shares carry the share volume from the capital raise. The vpco float still reasonable. That's why it shouldn't take much buying to drive it up. I figure earnings they release the kracken if ever in next couple weeks. So much selling. bizarre.