22nd Century Group Inc (XXII): Traders definitely sold on the news, whi...

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22nd Century Group Inc (XXII)

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Monday, 06/16/2014 11:26:11 AM

Monday, June 16, 2014 11:26:11 AM

Traders definitely sold on the news, which is wholly positive obviously. Traders will sell now, while funds (index and otherwise) who have further confirmation of the company's legitimacy with the Russell 3000 inclusion will buy.

And someone hypothesized that Henry is in NC right now for a salient reason. MSA approval comes with the completed acquisition of NASCO. NASCO Products, LLC, the target of the acquisition, and the manufacturing plant XXII bought for dirt cheap to produce cigarettes are in NC.

Just saying...

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