22nd Century Group Inc (XXII): You are correct, of course, in theory, b...

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22nd Century Group Inc (XXII)

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Re: Lambert7 post# 35704

Friday, 06/23/2017 6:00:02 AM

Friday, June 23, 2017 6:00:02 AM

You are correct, of course, in theory, but in this instance it seems way too much money for the seller to borrow on margin (or pay for as covereds) for that duration to make .05 or .10 per, if they expire worthless. It looks like someone(s) is expecting a more dramatic move one way or the other.

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