XXII is all pumped up and ready to collapse. Timothy Sykes (famous short seller) is currently playing on the hype of a stock promoter in a long position. Look for Tim to switch to a large short position while hammering the company financial statements and other weaknesses. Nothing wrong with the strategy but it can slaughter your investment.
If what you warn is true, then thanks for the heads up - he obviously will be establishing his position on misinformation and scare tactics.
The problem with your statement is that this is not a P&D. Fundamentals are too solid and too many catalysts ahead to really make this one crash. Our technology is already validated by the 2nd largest tobacco company in the world, and they have given us millions just to prove it. Plenty of cash on hand, virtually no debt, and selling products in 2014 - they actually have their own manufacturing facility that they got for a steal.
Uplisting, MSA, FDA are a few near-term catalysts...5 different revenue streams here from the tobacco and the pharmaceutical slant solidify the long-term.
RSI indicates overbought status and may correct 10-20%, but I expect the dips to be rather short-lived as they will be bought and bought hard.
Just think of every 1% market share that XXII can capture from the $700B worldwide tobacco industry as $1B of mkt cap.
I highly doubt that one short can knock the price down that far when there is such tremendous buying pressure and general interest.
I have read some of his subs' comments. Looks like a lot of day and swing trading based on TS recommendations, momo, and technicals. Users report that they sold when he instructed to take profits. Interesting to see what his Monday recommendation will be. I imagine the pps will reflect it.