22nd Century Group Inc (XXII)

[brooklyn13]

do you actually understand what the reasons for warrant conversions are? In a lot of cases, holders convert to stock in anticipation of rising share price. In other words, the complete opposite of what you are saying, they're positioning themselves to make money.

All this happening shortly before the February meeting is a good sign. They're keeping the price right around 1.10, which means that's probably the floor and that (some) warrant holders are expecting a good result from the meeting. And the fact that there isn't particularly high volume on down days further re-enforces that this is fairly benign activity.

No one wants, or needs, unsolicited investment advice. This post here would indicate that some are being deleted for obviously untruthful bashing.