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LOL. Ya, that's how it works....new to this stock, are ya????
When are they moving?
Sure thing!
This stock always does this. Shoots up for no apparent reason, then drifts down a slow, painstakingly fall from grace until it hits another crappy level. Look up the old stock prices. it's an inevitable trend. Why it's even this high, who knows. I'm surprised we haven't fallen to a dollar by now from the last run up.
We need REAL news....
I think that's everybody's frustration here. Why is everything so painstakingly slow?? I get that there is red tape and the FDA is a large, slow moving animal with saddled with a god awful approval process. But enough is enough....
Positive cash flow. There's a term you don't hear much around here :)
Here comes the inevitable slide down to a 1.00......This stock is soooo predictable.
Never good to have a negative GM. Sales less COGS and they're already underwater even before they factor in SGA and anything else?
What are you 10 years old? calling people names. Wow. All I said was now is when it drifts back down to 1.00. Watch, you'll see....
"Henry has a deal...?" huh?
Here it comes. the....slow....agonizing.....drop....to...under....a....dollar.
I noticed that as well a while back. Other MJ stocks seem to be enjoying themselves. Why can't this dog do anything? I still can't believe I'm here. I can't believe any of us are. Nothing happens, time and time again. I know, i know, some of you cheerleaders are gonna start crying " you don't like it, sell and move on..." Well, that's not how you hold companies accountable. And, agreed, these PRs are useless dribble that NEVER yields anything. Just more fluff to hopefully keep us distracted long enough until the next dilution. Joke.
It works for me, but it didn't at first. i had to click a second time. I'm using Chrome.
This stock IS a broken record.
It always does. I wouldn't say .80, though. Maybe .90? But, i agree totally, this thing will drop, like always. June will come and go with no concrete answer to anything. Just another delay....same ole story.
I wish I could share the sentiment that this is the "real deal" run up. But, alas, I've seen this too many times before. Sure, this run up is great and certainly breaks up the painful price stagnation that we've been watching for too long. not to be a Debbie Downer, but, c'mon guys. This happens all the time. We'll be below a 1.00 by July. Nobody will know why. The PRs are meh, at best. I'm holding long and strong, but I don't think I'll EVER be confident until AFTER I see results. Time will tell.
LOL. Ya, June is the real date to look forward to now. Then, when it comes and goes, like all other dates that we were waiting on, they'll send a PR saying, oh yes, but wait until December 2017. Then, that'll come and go, then it will be, "Oh Ya, Wait until March 2018......." And then, when.....
Hey, what site do y'all use to watch the ticker? I used to use yahoo, but it became unwatchable. Now I use " Market watch", but that too has become a mess. Any suggestions?
THX
Cash, without positive revenue, is useless. All that's going to happen is the cash will go out the door. This can't be our business model. Sit back and watch the cash disappear?
Fair enough. It just strikes me as funny how slowly this thing is progressing.
LOL. Just reading old posts. Below is post #4 from 2011. Funny, it mentions FDA approval in 2013. Wow. Just a little off, I'd say....
Clinical Pathway
The Company is conducting a Phase II-B trial in 2011 and plans to conduct two larger and concurrent Phase III trials in 2012. The FDA-approval process for its X-22 smoking cessation aid is expected to be completed by 22nd Century and upon such approval launch X-22 in the U.S. market in early 2013 (as a prescription), and in other top smoking cessation markets thereafter. The Tobacco Control Act provides that products for smoking cessation, such as X-22, be considered for ‘‘Fast Track’’ designation by the FDA. The Fast Track programs of the FDA are intended to facilitate development and expedite review of drugs to treat serious and life-threatening conditions so that an approved product can reach the market expeditiously. 22nd Century expects that X-22 will qualify for Fast Track designation.
LOL, this would be the third time they have bragged about having a ton of cash to last them until...whenever. Only to see them, 6 months later, do a direct offering to raise more cash. ??? So, is that our plan? To burn through cash? I can't believe were all still here....
All potential, no results. Same ole song.
LOL, Oh ya, I forgot we sold Red Sun. This thing has dragged on for years. PRs are a joke, at best. No reason to think this thing will do anything useful.....we've been had
faith gone
I ran into him at our class reunion over the Summer. I didn't even mention XXII or my disappointment. I actually thought about calling him a few weeks ago and straight up asking him if this was a scam and should I get out. I'm not that heavily invested, so I'll stick around just for a goof. But, I have no faith whatsoever.
Yep, looks like the execs at XXII bought themselves another year. Is it me, or does this thing seem to be masterful at pushing back hope for another day? It's relentless in it's self-proclaimed anticipation. Ugh.....wake me up in a year....
Gotcha. Ya, I only said that because there are a few posters on here who think " this is it..." the big run up, only to watch it drift back down again. I have seen it a dozen times. Been in this stock for years, forgot why I bought in the first place. I don't even read the press releases anymore. I just lost interest. only in it in case I'm wrong and this thing does, somehow, take off. My worst fear is that I bail on this, and it finally pays off.....
LOL. I can tell your new here.
I hope all this waiting around is worth it. I can see a Modified Risk Label come, with no share price benefit. It's possible. Clinging to a label sucks.
LOL, Thanks, Lnp30. Yep, just watching from the sidelines.....
NAILED IT!!! I said it would be under a buck by November!!! And I posted that when it went to 1.71. LOL, this stock is SOOOOOOOOO predictable. Look at my post 32573.
Temper expectations. Not to be a Debbie Downer, but I've seen this thing rocket up, for no reason, only to drift back down to where it once was. I wouldn't be surprised to see sub 1.00 again by November....just my .02
LOL. OK, you got a deal....How's 1.34 a share?
I never said my statement is rational, just that this will fall below a buck again. Why? That's what this stock does!!! I know some of you will call me names and say I'm an idiot and I'm just whining. But, watch, I've called it before. For no reason, this thing dives down big after every run-up. Sure, we'll hang up here for a bit, maybe even hit 1.30, but eventually it'll drop once again to sub dollar values. There won't be an obvious reason. Sorry, I've simply been here too long. I wish it would soar to 3.00, I really do, but it just won't.....
Just watch
should be under a buck by mid October.
He's making progress on increasing shareholder value?? Not from where I'm standing. I know he's a smart guy and hard worker, but let's face it, this thing is a dog. I'm surprised he's still CEO....
You can see them? What else do they say? LOL. Wow.
LOL. I've heard this before. Big boys stepping in? Where have they been for the past 3 years?? Same ole story....We were above 6.00 at one point, ya know....
I'll guess .82 close.
LOL. Really? Look at the history. I'm just stating the facts...My post wasn't even an opinion. It doesn't take a genius to see this stock is in fact, down. And it ALWAYS drops on good news....Saying this thing will be at 1.25 by close without a shred of reasoning....well, you get it.
Look, I'm long. And I mean long. Bought in years ago and haven't sold a share since. Even during the great run up to 6 plus. I'm all for this Company, but it's tough to keep a straight face when this stock just drops relentlessly.....
Don't you mean going DOWN today? This is huge news!! Launching Magic in France...AWESOME!!! Now, per usual stock price response, we should see a big drop.
Wow, you are LONG, and I mean LOOOONNGGGGG. 2050?, that's great, we all cash in then? I'll be 82, sweet. can hardly wait.....