Vapor Corp. (OTCMKTS:VPCO) Dropping Despite The Recent Financial Results

[[tagnumber 0]]It seems like the stock of Vapor Corp. (OTCMKTS:VPCO) is starting to gather momentum in a downward direction, after it started ascending the charts when the company filed its Q2 financial report in the end of July. [[tagnumber 1]]VPCO have been going north for quite a while now and they even managed to breach the $1 barrier with a peak of $1.10 per share on August 19. Since then, however, things haven‘t been going that well and the ticker closed yesterday‘s trade session with a price of $0.95 per share.[[tagnumber 2]] [[tagnumber 1]]After the stock was moving in an almost straight line through the session with little trades it fell in the last minutes and VPCO‘s stock closed the day with a 7.77% loss from Wednesday‘s $1.03. The total amount of stock that switched hands in the end of the day came at 312 thousand shares with 60% of them being traded in the last 20 minutes of the session.[[tagnumber 2]] [[tagnumber 1]][[tagnumber 6]]After a big drop on July 29 and the subsequent filing of their Q2 financial report on July 30 the stock was recovering. There were optimistic press releases about definitive agreements for funding from Enterpreneur Growth Capital LLC, but the ticker has been going down since Tuesday.[[tagnumber 2]] [[tagnumber 1]]The report was really promising and showed us that the company is headed in the right direction, even with the fact that they ended the second quarter of the year at a loss. You can see the numbers of prime interest listed below.[[tagnumber 2]] [[tagnumber 1]] [[tagnumber 2]] [[tagnumber 12]] [[tagnumber 13]]cash: $245 thousand[[tagnumber 14]] [[tagnumber 13]]total current assets: $4.5 million[[tagnumber 14]] [[tagnumber 13]]total current liabilities: $4.2 million[[tagnumber 14]] [[tagnumber 13]]total liabilities: $4.8 million[[tagnumber 14]] [[tagnumber 13]]revenue: $6 million[[tagnumber 14]] [[tagnumber 13]]net loss: $54 thousand[[tagnumber 14]] [[tagnumber 25]] [[tagnumber 1]] [[tagnumber 2]] [[tagnumber 1]]Things aren‘t looking rosy at all, but we see that they are doing better compared to last year. Even though they have $2 million less in sales for Q2 of 2013 compared to the same period in 2012 the six month results are almost the same and the difference is lowered to $400 thousand. What‘s has changed, however, is the fact that VPCO had a net loss of $376 thousand in 2012, but are doing better and have ended the 6 month period ended June 30 with a profit of $67 thousand.[[tagnumber 2]] [[tagnumber 1]][[tagnumber 31]]That of course is not much, but at least it shows that they are headed in the right direction. Even with these promising results be sure to do your due diligence and weigh out the risks. After all, the company is yet to prove that they can sustain their growth.[[tagnumber 2]] [[tagnumber 1]]One of the companies with the biggest percentile loss yesterday was Neah Power Systems Inc. (OTCBB:NPWZ), who lost 29% and closed the day at $0.0041 on a volume of 54 million shares.[[tagnumber 2]] [[tagnumber 1]]On the other hand we saw a big surprise from the stock of Proguard Acquisition Corp (OTCMKTS:PGRD), who were brought back to life with the help of The Stock Psycho and closed the day with a mind–blowing gain of 3250% at $0.67 per share.[[tagnumber 2]]