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Something is wrong. I'm not buying these BS press releases anymore. I have been involved in a myriad of product launches. Management either dropped the ball in a big way, or flat-out lied to us from the beginning.
Isn't there other sales outlets, though. SF isn't our only one. Why isn't the factory up and running? MSA is 2 months old now, and we should be seeing progress. All we are getting is delays followed by excuses and a relentlessly dropping SP. What'll be the excuse in January when we don't ship?
And, yes, I am beginning to question this company.
Agree totally. Once MSA was announced, the trucks should've been shipping product. What's the delay? Our ducks should have been in a row even BEFORE the MSA inclusion. Are we shipping product now? I was under the assumption that the factory was making cigs already. No? And, we should've shipped to outside US places months ago. We didn't need MSA for that.
And, what's the story with the website still being under construction? It's been 6 months......(?)Also, funny thing, if you go to Smoker Friendly website, a portion of the site is down, too. And, that's the part referencing their history. Weird.
Ya, I'm sure every board has a guy like this. And, I agree, I hope he's right, too. Hope to see revenues, but still can't seem to find anywhere to actually order these cigs.
LOL. My seatbelts are still buckled since 5/21/14. I don't know what's worse, the fact you keep posting this useless and inaccurate stuff, or that some folks here are still buying it. The only thing you ever got right was that Henry's wife was pregnant.
Remember Christmas in July?
Thanks, ztockings. I just haven't seen a spread that big on this stock. .30 vs. 2.22.
So, the lights are supposedly on at the factory, that's good news. Hope to see actual revenues before year end. This has been mostly speculation and hope up till today.
Here's to the money truck.
Am I seeing things, or is the bid .30x800 and ask 2.22x500? Why .30 bid? What does that mean?
Yes, I mentioned this in an earlier post, why is website still down? It's been down for months. Internet sales are a HUGE platform. Good DD, Ozzy, I will make some calls as well. Also, I've mentioned before, does anyone know for sure the factory is actually running? All I have is words on a screen. Can anyone verify that we are actually producing?
LOL, I remember a while back when you said to buy at 2.20s or something and I said " Nope, wait until after the bell ringing and buy in the 1.90s". You seemed to think I was just being negative and even said " doubt you would find any sellers down there. Well, were heading right for it.
I don't think people here are looking for instant gratification. As you have said, the progress we have made in the last few months is staggering. I agree, but why the awfully, painfully low stock price? It just doesn't make sense. I'm long like most here, but at some point you have to question what is going on. Every catalyst has done nothing to stock price. It wouldn't be so bad if we were just floating, but dropping? and fast???
Yep. All this stock does is drop. And it does it well. All the incredible milestones that have been achieved yields nothing. How can I buy a pack of Red Sun, anyway? Since the website for it has been down for 4 months. Anybody here live in Mocksville? Can you run down to the factory and make sure the lights are on?
I agree. It's the same story day in and day out. Maybe I relied on some of the other posters on here that said "just wait until this happens, wait until that happens...". Upon getting inclusion into the MSA, which was supposed to be the biggest thing, we have since dropped .84 cents a share. That's unbelievable. What does that even mean? This is bizarro world, where everything is backwards, lol.
And why is the website still down? How can I order some of these? How can anybody?
UGH
Of course I believe in the share price to good news. Don't you? It's not belief, it's a fact. You can't deny it. This thing does ,IN FACT, drop on good news. It just does. Don't take my word for it, look for yourself. We haven't seen over 3.00 a share since BEFORE getting MSA. That's right, the big one!! MSA, supposedly the biggest news in xxii's history. Weren't we all waiting for that? How did that work out for us?? Oh, we dropped 40 cents. HMMM. Every "good" catalyst has been met with one and only one result. A lower share price. you can't deny it.
And, you know what, if China news does hit, I wouldn't be surprised at all if we drop to below 2.00.
I disagree. Good news makes this thing drop like a stone. I'm hoping that revenues will point us north as, apparently, everything else that we do, points us south. The only thing this stocks does consistently is drop. I've never seen so many "just wait until this...or that" met with nothing but a dropping stock price. In all honesty, I have little to no faith this will ever go up, revenues or not. Something else is at play here. XXII isn't a secret anymore. Nobody cares.
I fastened my seatbelt on May 21, 2014 per your post #11945. It's still fastened, but this ride is lame...:)
Ya, i didn't expect much, but not even an MC or someone saying who they were? That was literally 7 seconds of exposure. And, our name wasn't on their website at all. They apparently had SAP on twice.
No biggie, as it was meant to be uneventful anyways, now hopefully some good news.
Hey, why website still down, anyway? shouldn't take 4 months to update a web site.
Are you sure?, Unless I'm at wrong site, SAP appears to be ringing closing bell today??? I could be at wrong place, not sure. Anyone??
https://www.nyx.com/events/date-from/2014-10-16/date-to/2014-10-16/type/all/location/all/markets/all
News makes the price drop, remember? I see us closing at 2.13 today, but then probably under 2 tomorrow. Lower if big news hits. Not sure why, but big news kills us in the short term. IMHO.
Thanks goodness I'm long...:)
Wow, I had a feeling it would hit the 1.90s after the bell ringing, I never knew it would fall this fast (before bell). This is when you load up the truck....and yes, Joe, have Henry talk, for the sake of the company.
Who's crying and complaining? Not me, I think this will drop further, and then I plan on buying more. What's wrong with that?
It did?
I wouldn't buy here. Wait until after the bell ringing when we drop to 1.90s. I'm buying there. Load up the truck!!
I don't get it.
Ya, I have been saying this for months now. Every "good news" event follows by a big price drop. It never fails. I remember posting about MSA resulting in us dropping to 1.90. I was(half) joking. But it really is true. That's why we sold before the CC and put in a buy order at a much lower price. This stock behaves consistent and nobody here should be surprised. I knew it would tank, didn't you? It always does this. Long is the key here. I spoke with Henry last week. We need patience and confidence. Ignore the short term price, and this road is MUCH longer than I thought. Think in years, not days.
Why couldn't Joe discuss China?? Bonnie asked him directly, and he couldn't say?? UGH. That's HUGE news to get out there....
I feel for ya, A and C, I really do. I got in supercheap and have been venting frustrations on here, too. But it doesn't do me any good. I'll just wait and watch from here on out. I got a few of my friends to jump in as well, but they got in post $4.00, so they're knida pissed at me for "talking them into it", so i get a lot of slack.
I'd say give this thing until end of year, then complain. Everyone on here re-emphasizes slow, long term grwoth is where the promised land lies.....
UGH, as soon as my wife told me there was a PR this morning, the first thing I said is "SELL,SELL,SELL"....this always happens. Wait until after the Bell and the interview with Bonnie Herzog, when we're back in the 1s. This is ridiculous. But hey, I'm long. So, in 8 years, when we're back at 3.90, I can say "yep, I knew this would pan out...." :)
A buddy of mine I got to buy in was superexcited at first (as you can imagine), now he won't return my phone calls.....
Everyday that passes makes Joey's sales at 5.0something and 6.04 seem that much more brilliant. That guy's a genius.
I'm not doubting that the price has gone up quite a bit. I got in at .96 cents, yes, we were less than .90 a year ago. We were also over 6.00 six months ago. The company does appear to be doing the right stuff, but I don't get the SP. All along following this stock, posters have pointed to certain catalysts needed. Whenever we hit those marks, nothing happens. Or even worse, the stock price drops. Heck, we have the MSA finally(!), and we're still at 2.68?? Really?? What does that even mean? Shorts selling? Why are they selling, anyway? Don't they know what the future holds?? It's frustrating (and boring) watching this stock just float along endlessly. And, I bought in cheap but am not on a beach somewhere sipping drinks. Wouldn't I have to SELL my stock to do so?..You don't make money NOT selling, right?
Who made a ton of money on this stock? I assume the shorts? No one going long has. We're all drifting in the sub 3s. This FDA meeting doesn't seem newsworthy to me at all. A PR goes out to say we have a meeting?? This is great, now we will all hold our breath until November 12th....and when nothing happens, some other future date will be our new savior.
I knew I should've sold when MSA announcment was released. When I first heard that we got MSA inclusion, i called my wife and said "sell it all". She wasn't as sure as I and we didn't sell anything. Sure enough, we were above 3 when news broke, and haven't been back since. This stock is soooo predictable. Next time we get to a decent level and news breaks, I am dumping it all and buying it all back for 15 cents a hsre later in the day. The only people making money here are the shorts. Sign me up....
Go XXII!!!!!
That's a good idea. Seems like the 'news' generates a buzz, but ultimately, we drop. Being new to this investing arena, all I can say is: "this is painfully boring." All the hype and seemingly endless waiting for news... when it does hit...nothing happens. I know, I know, it's all about the future. But when IS the future? 2 years? 5? 20? How long can I be? You know what else the future holds? Death( I can only be long for so....long) And the shorts playing these games? They're THAT powerful? Why not join them? They're kicking but. Who's selling anyways?
I can't imagine anyone actually said that. And why is the Red Sun site still down?
I don't get it.
I have chosen. Good suggestion. I'm in at .96
It just seems odd that if you think this thing is full of promise and upside, yet you think 2.69 is too high....
But you wouldn't "load up the truck" at 2.69???
I thought we were already producing cigs? Didn't Joe P. say this at the board meeting? I'm pretty certain back in June, we were in production? Did anyone hear this, too??
News. What still bothers me is that good news drives the stock price down. And, I know some of you have explained to me why. As I said earlier, I'm not much of a trader and my questions are like a 6 year old kid asking where babies come from. Fair enough. But, if you look at Burger King Stock(BKW), it traded around $25-$27 a share, religiously closing in the 26's. However, on August 24, a press release said they announced a plan to buy Tim Horton's and move their HQ to Canada, saving a ton in corporate taxes. This PR resulted in a whopping $5 dollar a share increase that has never fallen back. Why don't we get the same results on our "good" news....?
Here we go. MSA news is announced, and we tank... this stock is sooooo predictable. I'm all for the "long" aspect, but nobody can tell me why this goes South on "good" news. This just doesn't make any sense.
Press release out. Here we go down to 2.18
Hey hatexxii?, one question: Did the chairman manipulate two stocks?, i can't tell from your posts, but I think you may have said that...LOL
What are you talking about? A whole 10 is about .50 in revenue??? Dude, read slower, talk less.....