22nd Century Group Inc (XXII)

[in4thelonghaul]

Watched a very interesting piece on CNBC last week. We all know everyone on this board is just a tiny fish in the pond, and we all are on the backs of institutions and hedge funds and basically at their mercy.

Well, hedge funds make money no matter what, and in the last 4 months with the market hitting all-time highs they felt that the market is overbought. So they turned to heavy shorting. According to this piece the main target of their shorting were small caps on the Russell 2000, as they felt the Russell 2000 was swollen. The piece didn't go into specific stocks, or if they were done, but the index is down 10% in the last few months.

I'm hoping this is the game that's being played here, and once they are done with these games we start to fly again.

Not aimed at you LNP, more at Grape, but I'm too lazy to go back and post a reply to that post.