It's Golden. Doubt it sees another day below $3 again. If so, it won't shake me. 22nd Century and beyond!
I would not be surprised if this kept rallying to $5+ in the short term with uplisting and MSA on the horizon. Fundamentally, the [COLOR=blue !important][COLOR=blue !important]stock[/COLOR][/COLOR] is so cheap, as Chardan astutely detailed, and with regards to the business plan, there is so little risk, and yet so much upside. This stock is as good as it gets, can't wait to watch this story unfold in the weeks and months to come!
Enjoy my man!!
Another strong finish yesterday for XXII closing at $3.44 and almost double the volume.6 dys straight over 3. Expect some pull-back..... Nicest thing with XXII is that there seems to be no surprises. Mgt lays out the plan and then follows it to a T.
If your on the fence to purchase, jump when it drops, it always seem to recover. IMO buy it before it gets up-listed. It will happen.
Enjoy!!
If your on the fence to purchase, jump when it drops, it always seem to recover. IMO buy it before it gets up-listed. It will happen.
Enjoy!!
Even a Stronger close today at 3.69....wow!!
As long as management keeps delivering on the promises, the S/P will keep climbing. There are no reasons to sell for investors right now. There are plenty of catalysts lined up ahead to keep S/P climbing.
Valuation wise, $210MM is nothing. XXII right now is still trading on the potential. It can go to $1B after uplist or more, likewise it can stay below $500MM. It all depends on how market will see the company and if management keeps delivering.
Traders will get out after uplist and MSA, it is guaranteed. The S/P movement at that point will entirely depend on the interest from institutions. If interest is as high as Joe believes it is, exit of weak hands and short term traders will not be noticed.
Also, if funds do start taking sizable positions that will bring other smart long term investors. The inflow of the new money should keep the S/P climbing. If Joe manages to aggressively move the product and gets the coveted VLN label slapped on his cigs, nobody will complain on this board.
Cigs are not a "sexy" product like Twitter, hence why XXII is still so much under the radar. It may take time for S/P and valuation to get into Billions, but the potential and tangible product is there. If company like TWTR can be valued at $30B while losing millions, saying that at $200MM XXII is overvalued is absurd
It's Golden. Doubt it sees another day below $3 again. If so, it won't shake me. 22nd Century and beyond!
What a run.....IMO......it's just getting started!
Did anyone else stay on this....or jumping on??
After today's action, technical indicators set our new Support at 3.34. 5EMA just above at 3.37. All indicators still extremely bullish. Technical Analysis notwithstanding, buyers are chasing shares in anticipation of uplist news.
For the heck of it,
http://www.stockta.com/cgi-bin/analysis.pl?symb=XXII&cobrand=&mode=stock
Daigo....IMO I would say yes, buy it, because the estimates are marked at $9 per share. The institutional buyers, fund managers are not able to buy it until it hits the NYSE or Nasdaq, and that will happen, so get in before it hits the big board. There is also Big news coming out about the MSA agreement. Pm me if you like.
