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Seriously, there is zero need for anyone to be buying individual stocks or mutual funds. SPY is all you need. If you want small stock exposure also buy IWM. buy it. Hold it. Buy more consistently. really wish someone told me this when i was in my 20's....
Hi there
I was on this board and traded this stock a bit like 2 years ago..it had such great promise....whatever happened to the whole China story? I remember some big investor bought at like $2.20 I think....just curious.....
do you have a link to that report?
You're joking right?
The negative nellies at $ 4 look pretty damn smart now no?
you own at.60 cents..that means you had a ten bagger and didn't sell?? wow....that's financial suicide....
I'm trying to convey that when people say it's "cheap" or this is "big news" they are incorrect.
Let me explain--the company has ZERO revenues as of today and is being valued at 70 million dollars. That isn't "cheap". Yes, there are some biotech and other companies that trade at absurd revenue valuations , but there are also many more that don't and never will and are now out of business because the company didn't deliver.
The fact that they shipped product doesn't mean much other than now it will be another option for smokers. Think about any retail store you go into and they had a new product to choose from. Does that mean that product will do well?..its just means that the product was shipped to the store. The manufacturer of said product doesn't make money unless the product sells. As I've stated before you're dealing with a very funny product in tobacco. Brand loyalty is extremely powerful. So again..is shipping the product bad news? no, but thats all they've done.....
The modified risk potential as of today is just that..potential...revenues..company needs revenue to reward shareholders...
I sold my remaining shares last month at ~$1.60... I took a loss to offset my earlier gains when I traded the stock earlier in the year...net net I made a few grand, but this thing was such a headache lol
I guess my post is kind of venting because all of last year event after event after event meant nothing to the stock....
and one final note...technically you need capitulation to see a real bottom here...I'm talking like a throw up 2-3 million share day....still haven't seen that...
Mike, the stock is down 50% in 2 months. That's the big news here. They are shipping product--thats not big news. When that product starts selling it's news and per Henry on the call he's only expecting 5 million in revenue for all of 2015. People seem to think that this is the next American Spirit simply because Henry is involved. And patents can take decades to manifest as substantial financial gains.
"made its first shipment" ..how vague can this news be? stock is down 50% in a month and this is the "good news" they have to report?? guys...seriously..wake up...
not expensive? you think? At todays price you're paying 72 million dollars for a company with zero revenues. By that measure this stock is pretty expensive.
Also, TP did not place a "huge" bet. It's 10 million dollars, compared to other investments he's made its actually very tame. People have been deluded into thinking some magical "China deal" is around the corner. If that doesn't happen and these Red Sun cigs aren't well received which is very possible then what is fair valuation for this stock?
Yeah, see this is where I disagree. Humans are habitual creatures. The FDA recently admitted that like 80% of the chickens we eat contain carcinogens, yet the demand for chicken is still very strong. Decades of conditioning will do that to people. If you guys think that just because these cigarettes are going to be available and "better for you" it will lead to huge sales you're in for a rude awakening. As somebody else stated this is a long term investment, very long. Can it shoot back up on news? of course, but again don't go putting your net worths into this stock.
Shipments are great, but bottom line is revenue. period. I'm just curious on here--how many of you are smokers? I smoked for years before quitting. Bought Marlboro Lights all the time. Nothing could steer me away. Red Sun is not going to hit the shelves and all these people will start buying it , just because it's available.. brand loyalty is a big deal..especially with tobacco...I don't know the net worth of anybody on this board, but don't put your life savings or even a good chunk of it into one stock...that could result in financial suicide for you and your family...
fair enough
oh man...so now its the "big meeting"?? lol.....you guys are funny......not saying this won't go higher long term , but the desperation of clinging on to anything for short term hope is hysterical...
LayDown....Here's the deal...this company has enormous potential...huge actually...Problem is the stock market doesn't care about potential anymore. Revenues are what matter and this company has none. Zero. That's the bottom line. And don't rely on the posters on the board that have monthly "news " events they think will drive the stock.
How do you know it's "significantly better than any product out there"?
Man..offering shares so they sell their cigs? am i reading this correctly? This sounds like some kind of backroom deal...this thing is falling off the rails folks....is there long term potential? yeah , but this is not good news
you do realize that people said pretty much the same thing at 4.50, 4, 3.50, 3, 2.50, 2, and.......
my thinking is that I have a nice realized gain from other investments and need a loss to offset. So by selling I eliminated a tax bill in April. The risk obviously is that xxii shoots up in the next 31 days and I miss out on the move...
think I'm getting out...take the loss to offset earlier gains and revisit in February...I'm sure this might be a good long term hold, but will take awhile before revenues realized...i might be wrong...who knows...
market wants to see revenue. period.
Be fair Justfacts , but your intuition has been wrong all year on this stock. Thank God I didn't really load up on this back when it was 3 and 4 dollars a share. I really feel badly for the folks you have 6 figure share positions in this stock. you must have nerves of steel!
We can only go on what we have today. Today there is no China deal. If by April 1st there is no China deal AND the revenue from Red Sun & Magic is less than expected we will see lower lows in the stock. I'm dubious of hoping for a China deal to save the stock is my point, but revenues from product would bring buyers in. We aren't going to see institutions buying stock on hopes for a deal. We might from the companies products producing revenue.
thanks Jockinmikeg..I read the article and liked it.I hope sales start to happen, but if the market for Red Sun and Magic is not what they expect this company has a big problem. Time will tell.
That sounds good rightcoast1--thank you for responding. You said "getting OUR ducks in a row" that implies you work for the company?
127,000? damn--that's a statement! I feel this stock in 2 years is either at .30 or at like 10. Obvs hoping for the latter
yeah..maybe you're right....whats keeping me holding is the WF call I heard-there's just too much potential here and that Peizer guy buying at 10 million dollars worth at $2.58..I assume hes still holding?
I do feel badly for people that bought all those 4, 3, and even strike price 2 call options..thats just gone money
Very quiet around here. Maybe thats a sign of a bottom? Wondering where all the optimistic longs are lately. I believe there are a few 100,000 share + holders here. Would be curious to get their take. Or maybe they sold?
I like your attitude!
Yeah--I'm just sitting pat with what I have...hopefully in 2015 , 2016 we see stock move higher.thanks
thank you for posting this..needed that...from a valuation standpoint though doesn't it concern you they only estimate 5 million in revenue for 2015? 20x revenue isn't exactly "cheap"
Just venting, but what a disappointing stock this has been this year....if you told me back in april this stock would be under $2 in December I would never have believed it
a bunch? when I think of a bunch I think 10,000 shares + which would have been nearly impossible as the stock was there for such a short period of time. I guess on message boards I always see people claiming they get in low and sell high and I'm always dubious..
just curious--how many shares did you buy at 1.67?
it was there for a blip that one day...
good point
what fund managers were on call though?
do we have a list of them?
thanks
They had intended to ship in 4th qtr but delayed to 1st qtr in 2015 to comply with labeling reqmts. Launch in Jan 2015 expected.....
I liked the call. I think he's being realistic and definitely doesn't want to over promise and not deliver. I'm glad the question was asked about the stores in Spain not getting product. This is going to be a long haul folks, but there is a lot of potential for sure. Problem is the stock is still in loose hands.
be great if somebody can provide names and firms of people asking these questions
LOL dude...don't ever expect anything with this stock
somebody needs to point blank ask him on call today-what do you expect in revenues in 2016? or even 2017?
exactly. Its a call for investors. Thats all we have for now.
yes, they invested 10 million. That doesn't mean its "cheap". They are placing a bet, for them actually not a huge one, but a bet nonetheless. Don't put anybody on a pedestal Diesenei. Them taking a position is just another element to the story but by no measure declares the stock is cheap. And please don't say "then sell". Lets try to have constructive dialogue here. I'm holding, its a good story, but execution is key and they have a ways to go.
I hear what Brooklyn is saying. Somebody posted that XXII is "cheap" which usually can be supported by quantitative analysis. That's not the case here. I'm not saying there isn't potential, but the bottom line this company has close to zero revenue and no earnings. And there is no revenue projections. As of today this is still just a very good story.