New investors are waiting on the new quarterly sales report to see if any sales occurred in addition to a hopeful deal with Asia which their CEO said could happen in the first 6 months of the year. If Asia happens you will see some new buyers and its as simple as that. If these two thing don't happen this stock will continue to tank but many feel that both of these will take place. I guess we'll see soon enough.
Only way for a 2 or 3 bagger is an Asia partnership. If this does not happen it will be a very long process to back to a minimum of $2.
Yep. Very true and he is a board member of all things. I'm getting killed and just hoping for a miracle here. Henry along with Crede must pull off Asia for this thing to turn around assuming your also long.
I think Dale is right #$%$ million is realistic but China/Asia is also a big possibility and that would be a game changer if announced within the first 6 months of 2015. Henry also stated that we are optimistic about a joint venture in Asia during the first half of the year. Please let this happen as I'm starting to buckle with these huge losses that I'm taking. I guess its possible that they could do $8 million which would be great.
This is great. I just hope it actually help translate to the $5 million or more in sales this year that they said could happen. The private label piece is also huge. We plain in simple need sales as sales will stop this bloody massacre that many of us longs are feeling. China could solve it all but the deal needs to happen. They need to get it done!
Vey well put although I think Henry should put out a shareholder news letter out every quarter to keep us updated more. I know he did a nice one for the upcoming annual meeting and end of year but he should do it every quarter. They should also make this letter visible on their website so there is more transparency with what the company is doing and progressing. Other than that we just need some decent sales of RedSun for Q1 plus China getting done and we should see this speculative thing fly again.
Yes. He could have gone into more detail and we don't know when and if it will jump this high. However; there is potential with some new on sales and a deal with China that this stock could rise fairly rapidly over the next 30 days. When they announced Henry was CEO the stock hit a high of 1.40 plus the next day. Its now dropped back down to 80 cents but its possible it could fly again and I think you know this. I would not want to be short if I was you because this thing could very well run at anytime. I would cover but its your call.
Yes. I agree as I'm in deep at least for me and I'm sure hoping Henry can do better than this for the shareholders. This is absolutely ridiculous in my opinion and management including Henry needs to get with the program and give us some good news quickly.
You're short and I'm sure of it. Better be careful as the short interest has gone down substantially on this stock and this thing could rocket up fast just like it did a few weeks ago. Good luck with that as I don't think its going to go below 80 cents again although I've been wrong before. I guess we will see soon enough but my bet is on a $2 share price by April 20th. Let's see if I'm right.
I would disagree as Henry is solid and they cleared Joe out as CEO. He is still on the Board but I'm guessing that they are keeping him there until the stock stabilizes again. If they boot him now he may do something crazy like dump a couple million shares all at once. If they can really get the $5 million in retail sales (possibly up to $10 million this year) and somehow pull off a deal in China (even though it will be for revenue in 2016, there is no reason that the stock could not move back up to $5 sometime this year. I do agree that Joe is a big problem but I also think the stock could rebound nicely if his problems are cleared up which could happen.
Sorry as I'm usually much better with my spelling and grammar. The point I was trying to make is that XXII has already made some sales and have a private label deal in place with Smoker Friendly moving forward.
Unfortunately you are the one who lacks credibility here Glennalexander. Yes, Joe their former CEO is a complete fool and could very well be in trouble here but to say they have no sales is an outright lie which is exactly why you have 0 credibility whatsoever. They have a private retail deal with Smoker Friendly stores which have 800 stores across the country and their first shipment and here it is. 22nd Century Group Announces First Shipment of Smoker Friendly Private Label Cigarettes was announced in a press release on January 22nd. What is your deal man! The copy and pasted the headline. This deal and some other could easily result in $5 million up to $10 million in sales in 2015b alone and does not include and licensing, royalty or the highly anticipated deal with China that very well could happen within the next 30 days. You must be short as there is no other reason for this crazy post of yours.
22nd Century Group Announces First Shipment of Smoker Friendly Private Label Cigarettes
Merger, China, more retail sales with Red Sun announced. We just need some good news and the stock will fly to above 1.50 again. If a China deal is announced and they tie it to some revenue this stock could take off in a big way to well over $3 maybe $4. This is not pie in the sky as it would not take much for XXII to go way up big quickly.
That's exactly right. $15 million is fairly good for Q4 and their guidance for Q1 will have another $5 million to add to their revenue which should make for a solid Q1. They just need to come close to break even in Q4 and show that they will be break even or better with their Q1 guidance. If this happens we should see a quick jump to around $20 I'm not sure it will go up much more than this as the sector itself is hurting with oil at its current price at below $50.
Yes, that would be correct if they didn't land China but if China gets done (which there is a solid chance0 it will your now $20 million hypothesis will be blow out of the water. We'll then be looking at more like a $200 plus million in market cap within a couple months after the announcement is made.