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Tobacco smoking has come a long way since it was first introduced in the early 16th century. We are in a new age of new technologies and E-cigarette is the new revolution in tobacco smoking. Cigarette smoking is responsible for more than 480,000 deaths per year in the United States, including nearly 42,000 deaths resulting from secondhand smoke exposure.
This is about one in five deaths annually in the US, or 1,300 deaths every day. There are warning signs all over about cigarette smoking and how dangerous it is to our health but some still smoke more than a pack a day. Thanks to Vapor Corp. (NASDAQ: VPCO) with the new and improve way of smoking, the number of people dying a day from smoking can be reduced. VPCO is just coming off its 52 week low of .40/share. Our veteran traders are wondering how close we can get to the 52 week high of 19.12!!!
Here’s more on the company.
Vapor Corp. (NASDAQ: VPCO)
Current Price: .56
Company Website: http://www.vapor-corp.com/
Brief: VPCO seems to be coming to life after finding a bottom. Strong news emanating from this NASDAQ-listed company is helping to drive interest and create real buzz around its upside potential. The company is trading under $1 with a bullish technical chart.
Wow 52week high resting at is 19.12 what a fall. Can we claim back up? VPCO designs, markets, and distributes vaporizers, e-liquids, electronic cigarettes, and accessories primarily in the United States and Canada. Its Vaporizers and electronic cigarettes are battery-powered products that enable users to inhale nicotine vapor without smoke, tar, ash, or carbon monoxide.
VPCO is the only company in the vaping industry with a NASDAQ listing. Since 2009 sales have risen 226% and the company currently does around $100K in sales monthly online.
The big story on the ground is the growth of distribution. VPCO now has 15 branded stores with management setting its sights on having 25 – 30 stores up and running by the end of 2015. That’s on the branded level.
VPCO is also heavily represented on the shelves of several retail chains – in fact it has a presence in more than 30K+ stores. These include Dollar General, Family Dollar, Rite Aid, Ampm, Winn Dixie and Heb.
The growth potential for the vaping industry is also worth paying attention to. BIS Research estimates that the global electronic cigarette industry will experience a 22.36% (CAGR) from 2015 to 2025. At the end of that period the market is estimated to reach $50 billion annually.
Currently vaping and the electronic cigarettes industry is worth more than $3.5B – and growing.
VPCO to Present at the 2015 Aegis Capital Growth Conference
VPCO said in a recent announcement that it will be presenting at the 2015 Aegis Capital Corp. Growth Conference in Las Vegas.
Jeff Holman, CEO of Vapor Corp., is scheduled to present at the conference on Thursday, October 8, 2015 at 1:00 pm at the Wynn Hotel in Las Vegas. In addition, Vapor Corp.’s senior management will meet with investors during the conference.
The recent announcement serves as a strong complement to the momentum currently being built by VPCO.
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VPCO Technical:
• VPCO has traded as high as $19.15 in the last 12 months.
• VPCO is oversold; trading with a RSI of 46. This presents realistic and credible bounce potential for action takers at current entry levels.
• VPCO is trading below its 50 DMA of .67, presenting upside opportunity of 17% over the short term.
• Daily volatility is rising for VPCO, pushing average volume (30d) past 113K. This presents very good entry/exit opportunities over the short term.
Conclusion: VPCO has a very strong news profile and is potentially undervalued at current levels. As the only company in the vaping space trading on the NASDAQ, VPCO represents a great trade opportunity with possible long term opportunity.
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