Vapor Corp. (OTCBB:VPCO) Spikes Above $1.40

Vapor Corp. (OTCBB:VPCO) can afford to sit and wait, and be discovered eventually. The e-cigarette company has all the right ingredients, and the past months have been wildly successful for the share price, even without aggressive email promotion. Investors, through forums or general awareness of the business model, are attracted to VPCO for its unique potential as a solid US-traded e-cigarette company.

All of this helped VPCO add more than 18% on Monday, reaching $1.42 on dollar volumes above $1.22 million. VPCO attracted the attention with a November 20th business update- a change in directors plus financial statements.

VPCO is the rare company that is curbing the possibility for insider holdings. With an 8-K release, the firm announced it would shring the number of shares available for compensation from 40 million to nine million. Also, VPCO announced it had finished a private placement of more than 16 million shares at 60 cents, for total proceeds of $10 million. The company has 60 million shares outstanding, so the new issue presents a serious dilution, but we can also hope this would equip the company to continue with its marketing and distribution efforts.

Currently in a similar price range, 22nd Century Group, Inc. (OTCBB:XXII) is the alternative to VPCO. This stock stepped to $1.20 on Monday, though on lower volumes just below $400K, and adding under one percent. XXII also awaits wider marketing and distribution of its low-nicotine tobacco products.

The other shorter-term sensation remains Victory Electronic Cigarettes, Corp. (OTCMKTS:ECIG), which crashed down from the $50 levels, but for now keeps a respectable position above $10, though with much lesser trading activity.

Investors’ forums are amazingly sympathetic of VPCO, noticing the longer-term potential and the viability of the products. So far, VPCO has met setbacks, but has a strong upward potential. The outreach of paid or free email promotions is a possibility, as pumpers often take up good-performing stocks in an attempt to boost their past record.

If you are still looking for an entry point for VPCO, keep in mind that the ticker also shows days of significant cuts, and avoid investing unless you have the right mind to ride out those temporary events. VPCO did manage to reach the $1.40 levels a few months back, only to correct and trade in a lower range, so keep in mind the possibility for fluctuations.