About Me

My photo
Hi I'm a young student who's starting a blog to talk about the penny stock market. I'm going share companies I've found that I believe will do well, and to hopefully get feed back on what you think and what companies you've found that you believe will do well or won't do well. Ultimately I hope to share market ideas together!

Friday, April 18, 2014

Small Company With HUGE Potential

     Recently I invested in a penny stock company named mCig. Some people say that investing in penny stocks is stupid and a waste of time and money, but the truth is if you do the right research and find the right companies then you can see some GREAT gains. The reason I invested in mCig (mcig) is because of their business plan and a few products that stuck out to me. They have a great product at a very cheap price in the electronic cigarette market, which everyone knows is a huge market thats only going to grow every year. Since mCig has started they have released 2 electronic cigarettes. mCig 1.0, which sold out in the first two weeks of its release and mCig 2.0 which they still have and they are also currently working on the mCig 3.0 which I think they said will release sometime in the fall. Also they have just released the Vitacig, which is a niche product that embraces the potential of eCig technology which allows you to vaporize pre-packaged liquids as a medical delivery device. Vitacig will be a nicotine free eCig that delivers vapor mixed with vitamins and natural flavors. Which I believe will be a huge success for them and just add on to the already great products they have. Think about when you were a kid and your mom made you chew those nasty vitamins, now they'll be able to just get kids to inhale their vitamins. mCig's previous numbers aren't all that great but keep in mind they just got into the electronic cigarette market 9 months ago and have only had a product out for 6 months the first of which sold out in two weeks and they have bought Vapolution a company thats been around since 2000.

     I'm not saying go put everything you have in there stocks I'm just saying go check them out, these are just my opinions about a company I believe has great potential to grow and are headed in the right direction. I love your feed back not only on what you think about mCig but about some other companies that you've found and think will do really well!

Translate