22nd Century Group Inc (XXII)

[_VincentP_]

I'm still on the fence regarding this company. I'm not adding to my current position, yet. For now, I'm leveraging my loss by increasing my cash position and positions in more solid companies (European and American).

Given it's tumbling price and the upside potential which hasn't really changed, for now, it shouldn't matter if you jump in here or 10 cents higher.
If this stock really has the potential to go high in the coming years that is.

But herein lies the problem.
The company rarely releases any statement regarding ongoing endeavors that signal continuing growth. I can understand why, if negotiations, developments, anything for that matter, are still on going, no point in wasting time on basically stating there is no news and make matters even worse.
No news is good news if previously released statements are legit. No news is bad news if they are scamming us.

So in short, keeping this stock for now and trying to manage it until more eventful statements are released or until news regarding the company is published.