VAPE Holdings: $190-Million Market Cap With No Revenues; Likely To Drop 90%; $1 Price Target
- We believe that with limited cash and no other assets, VAPE Holdings Inc. isn’t likely to generate any significant revenue in the near future.
- The Securities and Exchange Commission has halted four marijuana stocks this year, and VAPE could be next.
- We believe VAPE should be trading at less than $1 per share, which is where the stock was trading before all the marijuana hype began.
- Other extremely overvalued marijuana stocks which we feel warrant future articles include MYHI, ZDPY, MDCN, CBDS and SXLP.