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So of course we go down… WTF
Nothing will be approved on the 14th. This is just a scientific meeting to review the data. The committee will make a recommendation to the FDA which the FDA does not have to follow. The scientific committee may or may not take a vote on supporting the MRTP application.
Thanks for your research Ocean Man
This guy owns a lousy 3000 shares... and he’s made more money than he has lost. What the hell kind of lawsuit is this? This is the best plaintiff they could find? Seriously! What a joke.
There have been a 20 or so block trades this week from 200k to 250k shares…driving the price lower and lower. Very curious.
Another strong finish
I cannot believe they did not file this week. This is like a high school student waiting for the last day to submit a term paper.
Sorry for the confusion… I was asking if anybody knows of a hit piece.
Looks like we have been lumped in with the pot stocks ...they are all down five or six or 7%
Stock is down $.20… Does anybody know who published the hit piece today?
Great results !!
See below from the Center for Tobacco Products. XXII's product will help 22m smokers. If you are betting against it...fold.
You’re in Good Company if You Want to Quit Smoking!
More than 22 million current adult smokers—that’s more than two-thirds of them—want to stop smoking completely.? Make it your New Year’s resolution to quit smoking in 2019 and find resources to help you quit at https://smokefree.gov.
A little clever
Someone commented that they were worried big tobacco could steal our technology and start producing their own low nic tobacco when the FDA announces the mandate. That won't happen. They have all admitted they do not have the technology and it would take 20 years to get it. So, if one of the big tobacco companies is, all of a sudden, able to comply with the mandate it will be prima facie evidence that they stole the technology.
agreed
The author concludes that the study presents a viable argument for lowering nicotine levels but opines that another longer study is required...hogwash...this was a Phase III study.
As I said three hours ago… There is nothing to promote at this time.
Gentlemen, there is nothing to promote until the FDA approves something to be sold in the market. That is why we are waiting for the FDA. Regarding hemp, it is still illegal and we do not yet have a plant will grow 0% THC in warmer climates.
Not gonna happen
Henry was born and raised in the Buffalo area...not California.
Hey, the factory is profitable!
I think you are right… Saffire has been badmouthing Henry for years.
Those shares were purchased as a result of the stock’s inclusion on the Russell 2000 index.
I bought a few thousand yesterday and more today. My cost basis is a 1.38 but I couldn’t resist.
The timing and volume of today’s trades show a concerted effort to bring the price down. Same thing happened late yesterday afternoon.
Somebody has been selling the crap out of the stock all day long... specifically from 3 o’clock on.
I am aware of that. I hope he cleaned house!!
That’s cryptic… 12 months what?
For those holding his stock long, it is very disconcerting to consider that the FDA would take five years to change the labeling on a package of cigarettes. How long will it take to mandate lower nicotine levels?
Sorry rightcoast1, I did not realize that you exclaimed “great find” minutes before I did.
Great find! We have been waiting for the results of this study since early in 2017. This is essentially a phase 3 study with results supporting an immediate reduction in nicotine levels as opposed to a step down approach.
The most likely reason the stock is up is that some crappy little rag stock trading newsletter issued a buy opinion on the stock. It will go down when some other crappy rag issues a sell opinion. Nothing has changed ...we are waiting for the FDA. The three studies are not completed and there is no estimate on when they will be completed.
Great informative article on the XXII website titled "Clock Ticking for FDA’s “Nicotine Limit” Rule."
See blogs.fda.gov
Can’t believe the GMO issue is even an issue ... is the argument: If i’m going to get cancer as a result of smoking, I want the tobacco to be natural ... not GMO. LOL
Excellent post by Gottlieb today on Twitter regarding the (his) war on nicotine.
100 share trades hundreds and hundreds of times each day... does anyone have any insight into why this is being done?
Did no one get the press release by XXII this morning: “non-daily smokers who switch to 22nd century’s very low nicotine content cigarettes reduce their consumption by a staggering 51%“. ??
Also see Mitch Zeller’s comment on p. 3.
Go to fda.gov under tobacco products tab for a 104 page report titled Tobacco Regulatory Science Research Program FDA’s Center for Tobacco Products: Summary and Highlights 2010-1017. See pages 1,2, 10, and 54....especially p. 54 — low nicotine research findings.