22nd Century Group Inc (XXII)

[sonwal]

I'm not here to have my ego stroked and will admit to owning a ton of XXII with no plans of selling anytime soon. With that said, I will respond by asking you a question.

How come almost all of the major institutions were buying as XXII was dropping from $3.85 to low $1.00 range?

In my opinion, they know retailers move in and out of stocks in groups and almost always based on greed and fear.

Few retailers actually sell on "move ups" out of greed but almost ALL of them sell on "down moves" out of fear of loss.

So, if you're an institution that wants to take a fairly large position of 1 million or more shares, how do you get those shares?

Do you buy up the ASKS or hit the bids until the market makers get out of your way which then triggers the stop-losses and retailers then panic? Tutes have their bags open down below and load up which allows them to control the stock from that point forward.

Just look at how they played the retailer investors on TSLA, even Amazon back in the day.

Each stock "sold off" big time right before the extended rise.

I see a lot of posts about the "shorts" causing the price to drop. I think it was the result of Long Term Institutions who were actually buying....and still buying.

But then again, I could be wrong. :)