It comes down to product variation. Xxii holds the key. Variation in a product that generates 700 billion dollars world wide. Only a quarter of a PERCENTAGE point makes this a $15 a share company. Product variation with a patent to boot...
I had a really long winded, but bullish response to you however yahoo decided it shouldn't be posted, or someone did. If I find time I'll post again if they let me.
Contract manufacturing can be a great thing, but variations of the product that is being manufactured can hurt performance and profitability. Certain papers or filters might run differently than another for a separate product. Product differentiation creates downtime and downtime hurts production results. How do I know this? I used to be in a plant that was all contract manufacturing. A multi billion dollar company. Not tobacco products, but I know all too well the headache of product differentiation. Changing settings and measurements on high speed machines greatly affects each SKU run. Production capacity is great, specifically when you have high volume SKUs that don't change much. I watched the makers of the high speed machines never get their own machines up to an 80% performance.
I don't read much into it being down today. This stock can get manipulated pretty easily. We aren't tanking -- I am ready to purchase below 1.35 again if the opportunity arises
maybe -- perhaps in line with what is expected. Business update is what I want to see.
But it's true. You can see for yourself at the Smoker Friendly website under "products". Sure the Filtered Cigar category volume is declining, but I bet it's still some nice volume. Just for giggles...if they charged Smoker Friendly 50 cents per pack to make, I bet that brings in $200+ grand a year. I think 50 cents may be too high. Perhaps 25 cents per pack. Either way, I don't think many have factored into xxii revenue. But go ahead and thumbs down me some more. What do I know...???
Small #$%$ -- please post more about the planned sale of an insider so you can try and get this down. If you get it down to 1.35 I'll sell another 1000 shares of BAC preparing for the entire market decline coming in Q1 2016 and buy another 10k xxii.
Thumbs down-ing me doesn't make me less right ;)
If they are referring to window posters in tobacco shops they aren't. What they need to do is a trade your Natural American spirit pack in for a $3 off Red Sun pack. CHA CHING
What gear unit is doing is how I found xxii. Had there not been a spammer on the onvo board I would have never found xxii. I remember it like it was yesterday...
We all know in our heart of hearts this is getting manipulated for Q3 earnings :). And traders thinking this is the top. That's why they are traders and not investors.
I bet we get some kind of PR this week. We are drawing close to the end of the year and lots of irons in the fire. Keep in mind earnings are soon BMM.