James K ... I respect your posts ... but that last one was a joke. ANY high beta?? If you can find any correlation whatsoever between the broader market and ANY please show me I would love to see that.

Justfacts is exactly right. Its mainly retail worried about a repeat performance of XXII that have been selling. On such a thin board the fall gets exasperated especially with a short taking advantage.

Boogins I agree with your point that there will be some support at 6.75 or so but I don't think this is the work of the shorts alone. Problem is the board is so thin and anyone wanting to lighten their position a bit after a good run will be pushing this stock down at an exaggerated pace. There just haven't been enough buyers as its not yet on the radar yet and all of us HTFBS die hards were buyers in size on the way up and don't have enough amo left. Of course there is the fear of another XXII post Nasdaq listing out there which doesnt help but I believe this is a different animal to XXII altogether. There was no shortage of liquidity there and the MSA delay caused that dip. DSNY was a lack of execution by management. This one is a liquidity issue but fundamentals are still very strong. Probably close to the bottom of this selloff I would speculate as sooner or later it becomes a screaming buy again.

wheres that clown from last week who was promising this stock would not go below $8 and was bellowing on about info that seemed dangerously close to insider info if true. LOL.
Hang in there folks i think this is the last shakeout.

Its a new report published july 24. I thought you were subjective before but now i realise that maybe you aren't after all. Constantly looking for negatives.

Great report from Jacob Securities. New price target of C$16-24. Read this report against the street sweeper junk and you won't have too many concerns over the latest dip in share price. This stock could be a monster ... we just need to ride out his little storm.
Fundamentals are very strong and this merger will be a game changer.
Stay long and strong!

ok thanks Z. I didn't even get the email.

Hi Z, I am a subscriber of HTFBS but didn't receive any email from Scott nor do i see any update on the site. May I ask where you see this update?

No dice Sly, but thanks anyway.

Thanks Viking. I tried that but it still doesnt tell me how much is on the bid and offer. Appreciate the help though. At least the volume is more accurate and its also live time. So definitely an improvement on what i have right now.

Guys, anyone out there know where i can see more accurate bids/offers on this one? My etrade account is still a mess on this stock.
Thanks in advance.

Z stockings, I agree ... i wasn't happy at the time as i felt $8 was a steal for AUTH... It had the potential to go to $20 quickly. But they got bullied. I have a lot more skin in this one so I could stomach a sale at $20 plus ... even though I think this could go way higher on its own.
Time will tell.

While I still have a lot of belief in this stock ... posts from the likes of Salle and Perker do nothing for me. Back it up with some solid verifiable intel and I will get interested.
This pullback has been a bit rough but the long term trend is still up. We have endured pullbacks like this before.
I believe that this co could very well be a takeover target for the likes of Apple and Microsoft - have been through this before with AUTH when it was bought by Apple - but not because some kid says so. Essentially what I am advocating is stick to the stock based on the extensive due diligence that the likes of Van have provided ... not because some poster is out there making rash statements not backed by anything tangible.

Dane, yes I believe this is a precursor to further big news around the corner. Hopefully the big MSA move that everyone has been waiting for.
As for the pre-mkt buying ... yes obviously punters looking to get in ahead of an anticipated rally ... sometimes backfires but also works ... thinking is to get in ahead of those who are late on the news.

Honestly these so called "hit pieces" are becoming more and more desperate. If the best she can do is harp on about an empty office and a non disclosing receptionist ... then I think the shorts have serious problems. I question how any self respecting media outlet would sanction such a weak article.
As we have seen previous "hit pieces" have not had their desired impact. Strange to me that they persist with this failing tactic. Cover and move on to another target would be my advice.

yes, 100% agreed. HTFBS also posted their monthly update saying they were getting a little cold on XXII lack of corp access. Brings back some bad memories of the DSNY fade. So clearly punters/followers switching some XXII into SPIFH ... I would have been tempted myself if I had been on the case. Having spent the day thinking about it though I think that yday selloff was enough and HTFBS are still relatively bullish on the stock. Its got some good stuff and there is still MSA to look forward to. My experience with these golden stocks is to keep a balance.

Booom ... thanks for that ... great marketing for the new product. Gets the message out there.

why is the stock taking so long to open today? another suspension?

to cover all bases ... don't want to have to keep extending so just in case.

Brooklyn other regulars, I know you tend to get disheartened when things take longer than expected. I also initially felt that HTFBS dumped DSNY a bit quickly until i re-read their newsletter the other day and it makes sense. They left open the possibility of revisiting if management ups their game.
As for XXII i think the sell off was exaggerated somewhat by SPIHF investors trying to free up some cash and overreacting to the extension of the NASCO deadline. I think key points to remember are that 1) The extension does not in any way mean that approval is postponed or delayed ... it could just as easily happen tomorrow - management is just being prudent.
2) This management team is far slicker than the DSNY crew - they have not put a step wrong at least since i have been following this one.

I see XXII finding support and rebounding nicely today after being oversold the past few days.

Stay focussed.

good post stpioc ... nice to see a balanced view .... still think this is a monster and we will be at $10 by friday.

Exactly Viking ... nothing other than that ... I want to buy more but don't want to sell any XXII for that. I do suspect that one of the reasons for XXII selloff yday and today was to raise amo for this massive buying opp in SPIHF. Don't come much better than this ....

Mensplus, as if i said before i value your opinion even though i don't always agree with it. In this case you believe this acquisition is negative for SPIHF over the short and medium term?

Without doubt its because of the SA article and I am quite surprised the rest of the board has been slow to pick up on this. While I am happy its up, I don't give much weight to SA articles generally ... and they tend to trigger nothing more than a pop and fade. Maintain that everything is riding on the hopefully upcoming MSA news. I look forward to the day when our patience is rewarded.

Thanks mensplus ... yes probably too speculative for me. Trying to digest this big move lower in spihf ... surely can't be on no news/hit pieces?

Mensplus, you are correct ... no option trading available for SPIHF as its an OTC stock. Also, while i am long SPIHF and extremely bullish on its outlook, I for one value your educated postings. I cringe at some of the bashing you have received as your posts are balanced and well thought out. I believe we need to hear opposing opinions in order to keep us bulls from going overboard.
Peteman, in the absence of the ability to protect yourself on this stock, I would suggest the following. Take some profits on the next pop. Take off half of your holding. Give it a chance to breathe and by that stage you should have more intel on the outlook for glassware. You will still have skin in the game and will have taken out some profit and reduced your risk. If it looks like a home run ... then accumulate again into strength.
Like Mensplus have some experience on wall st ... although as a slightly less sophisticated equity trader vs Mensplus bond trading.
One more thing ... Mensplus I noticed you mentioned POET in one of your posts .... whats the deal there? ... I am long XXII, SPIHF and taking a punt on ISR ... but this is the first i have heard of POET.

Thanks

Etrade, while its nice to have some technical analysis to go with the fundamental, finger in the wind banter on this board, from experience I find technicals on penny stocks/small caps to be a very weak indicator. Large caps certainly, but the influence of external factors are magnified for small caps making technicals largely irrelevant. I have not found your fcasts to have any accuracy at all. Nothing personal, but just a heads up hoping to save you and any followers some money.
This is a strong long term hold in my opinion, take profits on big runs on news, then get back in when things calm down. Massive buying opportunity here imo. Also some very good intel/opinion from the likes of Van, Macq, Crooked and a few others ... certainly worth following and far better than most of the drivel that can be found on boards. The newsletter is very good too.

Crooked but unless I misunderstood, BAT stand to benefit from any growth in this co.
Brooklyn, i am also not overly excited about China prospects at this juncture ... we def need a short term catalyst to trigger a squeeze and i believe that catalyst is MSA.

Yes Crooked, I see one of two scenarios here:

1) My favorite steady grind higher just as it did a few months ago after bottoming out below $1.

2) A couple of big back to back rallies after MSA announcement comes through.

This co has achieved a lot of late, is in a big bucks industry, has something that others don't have, seems to be well managed, no cash flow issues, high short interest is on the verge of something big with an MSA announcement imminent.

Am I missing something??

Buy of the 22nd Century.

Thats how i play it too crooked ... i put in a limit order at 2.15 but missed it as it had already bounced. Got a bit greedy but have also been loading up from around the $3 range since taking profits at mid $5s. This is one of those opportunities that doesnt come around too often, but when it does you need to be ready to pull the trigger.

Intelligent post Peteman ... tx.
Having worked in sales at a major investment bank for the past 10yrs I really don't give much credence to analysts ratings on stocks. At any given time we would have all the major banks completely divided on a stock, outlook for the economy etc. I think XXII has massive upside that analysts reports won't necessarily tap into. Pete, you have outlined most of the key points to focus on. Think about it logically - we have a major catalyst (MSA) extremely likely to materialise soon. Why would you be short with that in mind?? Short interest is high and we have the precedent of a major short squeeze in Jan/Feb. I see this as an unbelievable opportunity to take advantage of those who have a lack of patience ... just as i did when the stock was trading sub $1 not so long ago.

Mac, i agree on your points re: psychologically this feels worse than it is. However I don't think that the management has necessarily misstepped. 1) They were obviously given an indication that MSA would be done and dusted end of Jan, Feb. The fact that it has taken longer is clearly out of their control. Maybe they should not have made this indication public, but hard not to. 2) The company does not need cash. What has changed? A shelf registration filing does not mean the company needs cash ... it means they are being prudent and reserving the right to cash in case something big comes their way. IMO thats very different from "needing" cash.
But I don't want to take anything away from the quality of your post ... you are absolutely right. No fundamentals have changed ... this is still potentially a blockbuster (I remember buying as many shares as i could at .97 and wondering out loud if i was missing something) ... that was only 5 months ago! Its undergoing a correction but its still on the right upward trajectory in terms of where this company wants to go. I have been taking a few pot shots at call options but feel like the smart play is a patient accumulation on dips.

Giovanni, thats exactly what I read. The Street issues a "sell" rating but gives a justification that actually reads like a screaming buy! The problem with publications like the Street is that they have so many stocks to go through that they aren't able to do proper DD and therefore offer ratings based on superficial analysis.

I agree with Weege ... with MSA this is a $6 stock for sure.

small volume?? 1.4mln shs traded already ... way up on the 600k (10day ave). Its never wise to compare price action of two completely different stocks. I was also long DSNY and got burned (or should i say had gains divided in half). I feel this move is different though. MSA news is imminent. DSNY didn't really have any pending news event as a catalyst after the clipstream2 announcement. I think this has bottomed out and I would add to any position around here.

Brooklyn, I think its a bit/harsh unfair to compare Van to those pop ups you get. The guy is a genius and has done extremely well with his picks ... better than anyone I have come across. I have recently reduced my DSNY position significantly (still hold around 45k shs) just because i didn't like its recent price action and needed to free up some cash to buy some SPIHF which i couldn't resist any longer. That said I reckon its worth holding whatever remaining shares you have as 1) there has not been any bad news or change in fundamentals, 2) I think investors have become a little impatient here as Steve has overpromised and under delivered 3) this stock has potential to rip (we have seen this before with this stock) on good news 4) I can't think of a better stock trading at 1.20 (if someone knows a better one please tell me.

thanks for your help JB ... i am long DSNY and XXII in decent size. DSNY for about 2 years now and XXII for about 6 months or so. Need to sell some of each to buy SPIHF though ... I had my finger on the buy button with the trade lined up in October around $3ish but backed off due to the "perceived" lack of liquidity. Oh well that cost me but at least XXII has come good.

Van, I love this stock but its just so illiquid. Spreads are wide ... I want to build a position of around $100-200k and have wanted to since it was $3. But every time i look at the board there are 300shs on the offer and the spread is wide. Any advice or help from anyone here appreciated.

Good post JFM … I agree with you. I am also more upset for some of my family who i got in at close to 2 and to whom i promised great things.
DSNY management has certainly been a little naive in their handling of this potentially blockbuster technology.
Let us not forget though that this is just that though… potentially blockbusting technology.
While I have lightened my load a little (had too much and currently like XXII better) I still think the downside is fairly limited and on a longer term risk-reward basis this is a good one with massive upside if they get this right. No debt etc too. Would also load up the truck if it cracked $3.
We have all had a tough time with this one but I ultimately think patience will be rewarded.

Yes Mac … could not agree more re: holding through the rough times. I have been a broker at JPM for a long time and have seen this unfold many times on an institutional level but also from my own personal trading experience.
Also agree that XXII is cheap here and this kind of move is only the beginning of a much larger move higher. Now very tempted to switch some DSNY into XXII near term but all that being said I still have strong belief in DSNY fundamentals.