MCIG is too high right now but it should still have a higher market cap then SPLI. Dont get me wrong, SPLI can go higher then 24m market cap. I think it can easily double, and MCIG should be about half what they are now.
MCIG is a nice company. They have simplicity. A $10 piece and a beautiful website. They can build hype for the next product like Apple does and slowly introduce them. SLPI sells products that anyone can import the components from China and make them self. So does MCIG but they have the name and the first mover advantage. Even if they might not be the first, they have initial popularity. That cant be overlooked. Why was bitcoin successful? You don't hear people buying LiteCoin, but its nearly the same thing.
MCIG is still parabolic but is showing signs it will reverse. SPLI just entered the "parabolic" phase. It can run hard for a week before worrying about the crash.
Good luck to those in either stock, on either side of the trade!
Also, how many $10 vapor cigs fo you need to sell to justify a 200m market cap?
Like alot of others, they have potential. I bought in early and sold at .50. I also own the product. One has to wonder what type of correction this sees before settling down. The trend right now is a little irrational.
What makes this company worth 200 million, so much more than the other companies that sell the same thing?
Just a warning to everyone.