22nd Century Group Inc (XXII): The share price is at this level because...

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22nd Century Group Inc (XXII)

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Re: Charvey post# 26115

Thursday, 06/18/2015 6:19:13 AM

Thursday, June 18, 2015 6:19:13 AM

The share price is at this level because that is what it's worth. There's a lot of selling going on now because there's always a lot of selling going on in every stock. With these very small cap stocks you have to think in terms of a long-term real estate investment, not a "Flip This House" kind of thing - you're basically buying into an area that's just beginning to get gentrified. In 20 years you will have made a fortune here and marvel at how inexpensive the share price was, but not by the end of this year (unless you're Chardan and predict $9 by the end of each year). Not for everyone.

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