22nd Century Group Inc (XXII)

[MinnieM]

The following thoughts come to mind in no particular order and, I'm sure I'm forgetting some things.

The prior CEO was removed due to issues that are now being dealt with in court. That creates uncertainty that the market didn't like. In the long run, the removal was a good thing.

Red Sun didn't get it's proper launch until recently.

Magic didn't get released in the EU until recently.

The FDA has been the wild card here more so than China and, based on the research being done at NIH, the company may not have to fork up a lot of dollars to do duplicate research. Time will tell on that. I'm hoping they simply incorporate rules allowing the packaging to tout low nicotine cigs.

The prior CEO still sitting on the board doesn't sit well with those that don't understand he can't be removed until his term is up.

Follow the quarterly from this point on and look for increasing revenues. That in itself will move the stock back up.

These are just some thoughts from the top of my head... I'm tired and off to bed now. Had a very long day. Night all.





In Reply to '2014shelby'
If XXII is very well positioned and everything sounds so great, why is the PPS taking a beating? In the last year its dropped from over $3 to under $1 and dropping further