InvestorsHub Logo
Followers 61
Posts 3999
Boards Moderated 0
Alias Born 05/31/2006

Re: None

Wednesday, 04/09/2014 10:06:20 PM

Wednesday, April 09, 2014 10:06:20 PM

Post# of 55001
This is a falling knife.....Could Chardan has been any more wrong....LOL.....what a joke this has become........amazing how the hype has dried up......

From their last March update....

Company Update. Attractive Entry Point.
XXII is off 26% from recent highs (although still up 150% from our
$1.80 initiation) and we believe this represents an attractive entry
point. We expect multiple catalysts over the coming months to drive
the shares higher and we reiterate our $9 price target. The stock
remains our top pick for the year.
Earlier this month trading moved to the NYSE which should improve
liquidity for the shares since they become available for more
institutional accounts, margin accounts and for retail brokers to
recommend to their clients without burdensome approval letters.
Adding options chains also adds to the shares’ liquidity.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent XXII News