22nd Century Group Inc (XXII)

[Justfactsmam]

Streak...Some of us have a Margin Dilemma Problem:

I have a gazzilion shares of XXII and I have a margin account, but cannot use it with XXII because my concentration in XXII is over 70% of my portfolio.

No margin on XXII, until I drop below 70%, then only 30% Margin. Once I get to 49.5% of value in XXII then I can get 50% margin.

The problem?...XXII keeps going up, so it continuously causes me to be over 70% of my portfolio. *

Solution?...Sell XXII until I get down to 70% of value...

Problem?...I dont want to sell ANY XXII...until it matures in price.

What Price? Way above where it is now....maybe start nibbling at $20?

LOOKING FOR LONG TERM CAPITAL GAINS...anyway...and I beefed up within the past year...selling down to 70% I would incur Ordinary Income. You say so what, sell down and get $ to buy more on Margin. Well...Now I am grossing up my $ value in XXII and will reach a margin call very quickly...and around and around you go. Only solution there is to buy OTHER Big Stock and hopes it goes up in tandem with XXII, so XXII doesn't become more than 70% again.

* Additional Problem: Even if I got to 70%...once XXII goes up I will have a margin call and would have to sell down XXII until I get to 70% again...then same problem all over again.

ps. I assume Ryboii has similar issues as do others...XXII has been too good to us...