22nd Century Group Inc (XXII)

[esad1]

Short interest up another 1.2 million shares ..borrow cost still in the low 30's....

Giving up 30% a day is pretty stupid in lieu of the fact that smart institutions are adding and you have to believe the hedge fund squeeze mavens are buying.. If they ever got a reason to go after the stock on the long side look out. These are the same guys who own TSLA because the borrowing cost is so high..

Third trial will be done in mid September and by the end of the month the application will be filed. If somehow they find the Phase III peer review the tobacco companies will start to call. If iQOS does not get the FDA OK then the game really starts.


Have a nice day.