Rapid Fire Marketing, Inc. (OTCMKTS:RFMK) Enjoys More Confident Buying
It’s the beginning of spring, so Rapid Fire Marketing, Inc. (OTCMKTS:RFMK) is taking care to refresh its appeal for investors. In the past days, the stock had a minor rising trend as buying increased. RFMK now faces the week-end on an upward note, adding more than 21% on Thursday, to $0.0039, as dollar volumes reached $1.38 million. RFMK has its best days behind, though at this price many other tickers managed even more amazing daily climbs- so we may see this ticker around as an appealing marijuana stock. 
But the appeal for those small cap companies always comes with a set of warnings. RFMK runs a bit more solid, with promises of already delivering the CanaCig, an electronic cigarette transformed into a vaporizer for medical cannabis. The other positive side is the fact that RFMK is no longer a pink sheet, and is fully reporting. Now, it is a matter of time to see if the underpriced ticker manages to reflect the chance, as volumes still remain low compared to similar companies.
Though the growth for RFMK was slim, the share volume rose even higher, closing in on 400 million shares. But the buyers are loading up on a company with high future expectations, and low actual reserves:
- $1,812 cash
- $362 thousand total assets
- $181 thousand total liabilities
- $3,242 revenues
- $90 thousand net loss
The even bigger problem is that while RFMK may show some quality, the stock price will be dragged down by the three billion outstanding shares, and the two-billion share free float. RFMK has not had a reverse split for a while, but others have taken this idea to heart as they transformed themselves into more visible cannabis companies. 
One of those is recently renamed Vape Holdings, Inc. (OTCMKTS:VAPE), which is again trying to conquer the $30 levels, though right after the split the stock price took a beating, sinking down as low as $7.VAPE is also included in the Marijuana index, which gives it extra exposure and adds stability to the trading levels.
Speaking of the index, on Thursday it reflected a less cheerful day for cannabis stocks, with most in the red and the indicator sliding down more than 6%. So not even the biggest and best of companies are immune to serious drops in price.
The other vaporizer star, mCig, Inc. (OTCBB:MCIG) is having a steady walk upward toward the dollar levels, though it is still early to promise that achievement. MCIG is now stepping back a bit, toward the $0.84 levels.
While electronic cigarettes are a clear-cut and feasible business model for new cannabis companies, there is still a need to sift through the offers and see which entities turn out successful. Avoid getting caught in the hype, as your choice may turn sour, especially in the disproportionate conditions of current pot stock trading.
