Vapor, Corp. (OTCBB:VPCO) Retraces Steps, Still Seen Optimistically
Vapor, Corp. (OTCBB:VPCO) slid down more than a tenth on Wednesday, stopping at $1.75 on dollar volumes above $2.8 million. The ticker has been silent for a while, and it is easily seen that VPCO still needs to remind investors of itself. Despite the long-term potential, the steep climbing trend of the past weeks also caused a bit of exhaustion.
Still, the $2 range is seen as viable in investors’ forums, and VPCO is generally enjoying optimistic views, due to the wide array of products and the potential for distribution in the European Union. Now, it’s a wait and see how VPCO performs ahead of the weekend, on two days that usually arrive with realizing profits. And there was also the mention of short sellers, awaiting the periodic setback.
VPCO flies on truly high hopes, so even without a paid promotion, the ticker may have moved outside what is seen as a comfortable range, for now. Though in the past, VPCO is seen as a likely candidate for uplisting, if prices improve enough.
Along with VPCO, the 22nd Century Group, Inc. (OTCBB:XXII) gained visibility, and is also seen as a great potential gainer, and a company for uplisting. The ticker added another 7% mid-week, to stand at $1.48 on buying volumes a bit above $1 million.
Both VPCO and XXII will be keeping enough investors’ loyalty, especially as results come in, and new PR information is shared.
Victory Electronic Cigarettes, Inc. (OTCMKTS:ECIG) still fails to impress, but also holds its own at the $10 levels, with a minor setback toward $9. Still, this company is seen as much riskier in comparison to VPCO.
If you still plan to invest in VPCO, and are looking for the right entrance price, keep in mind that the ticker has had worse periods, and the gains may not be immediate. While the alternative smoking and tobacco product tickers are rather active, their qualities are not identical- and the positive prospects for the future do not immediately translate to short-term stability.