22nd Century Group Inc (XXII): Unfortunately, We may not see the squeez...

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22nd Century Group Inc (XXII)

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Re: weege post# 15072

Wednesday, 08/27/2014 3:48:21 PM

Wednesday, August 27, 2014 3:48:21 PM

Unfortunately, We may not see the squeeze that was possible just last week. 5,400,000 volume is roughly a months worth of XXII volume in one. But I have a gut feeling that we may not see the same resistance on XXII. IMO, The manipulation of late on XXII was intended to keep it trading in a range so shorts in cover via the morning drop and cover method. Something spooked them and caused them to go the scorched earth tactic.

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