vaporizers are selling well and skittish folks finally got their financial results. Funding details now published and on track. Acquisition completed and retail plan on track.
I'm in at 1.09. Down over 60% in like 2 months. Vape is hot though. Probably pick up more here to average down my holdings.
I know who's involved. Hopefully they only walked this stock down to give their friends a taste before they spike it. Otherwise I do appreciate at least all the weak hands appear to be out now. I do want my money back. I've held for the entire fall though. That's a lot of faith on my part.
not if people hold the stock and it goes above $1. Give these guys a chance. they literally just closed the acquisition in March. We are only in the first complete post merge quarter.
Just because a company in a hot sector needs capital to fuel growth doesn't mean people have to rush to exits. And to the guy who claimed they are near delisting. . .no they are not. They have a year to raise the stock price. If some whale jumps in and buys in like a mark Cuban you would find shares tripling from this point instantly.
There was top line growth. Revenue increased for the first time in a year. Combined results showed vaporizers are selling. Unfortunately if investors continue to sell big tobacco wins again as it makes it difficult for vpco to raise funds. Remember this is the only Nasdaq dedicated vape company. They will sell the company to someone like Japan tobacco who just bought a Florida vaporizer company before they let it drop to nothing.
So the Honig, Brauser duo who get stocks like doubleclick to increase dramatically in value and get sold to yahoo are on board as of March. And new mgmt. personnel start changing in March like Wingert starting. The writing is on the wall here that with Frost Honig and Brauser I have little doubt putting my money on their money. Let it ride. . .
I'm in at nearly the same price. Cool to see someone else is willing to hang on. The Q4 is still even unknown. people bailing before the story even written. weak.
last year it was may 15th. that would be a week from Friday. with all the hype articles I would be surprised if they disappoint. Last I read stores generate $650K annually per store.