$22nd Century(XXII)$ Given the current short-term trend, the stock is expected to fall -79.94% during the next 3 months and, with a 90% probability hold a price between $0.0032 and $0.0363 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
$22nd Century(XXII)$I think should buy this. $4M and if you throw some $$ behind shorting can take it for half that. Off the mgt immediately. Increase production and distribute thru the 15,000 locations they have all their Spree and Pancha products. They have distribution in place. The insiders XXII for years. Im not sure who will invest again in a private placement but Im sure the mgt is working very hard with some bankers to figure it out.
$22nd Century(XXII)$I just learnt that XXII has options too. So the volatility will make this fly higher this week. It always reverses trends for stocks with options trading with this kind of stock in premarket. Lets see how this moves and for the entire week. Company has mentioned they will become profitable after the Brand manufacturing starts from Q1 of 2025. May be Philip Morris should buy them early :)
$22nd Century(XXII)$Many say the newly announced CMO deal isn't enough to turn things around. But that's not the point. It presents one new way of many mentioned to get to cashflow positive and reduces the need to raise and dilute as much. Also, don't confuse fundamentals with technicals. If you talk fundamentals, then no sense in referencing Friday's trading of 72M shares, or 20x "total" float -- since that has absolutely nothing to do with fundamentals. Trade on technicals, or invest on fundamentals. Mixing them is bad.
$22nd Century(XXII)$XXII peaked at $4.30 up over 100% from the past Friday on heavy volume. Over 4% short interest, history multi day spikes and sharp pull backs. New contract should help boost margins. Hit my $4 target area and stopped out of the rest of my position in the $3 price area on the sharp pull back after hours. Watching
$22nd Century(XXII)$I hope this week will be even more interesting based on the Brand contract manufacturing, which I think is really BIG from my own manufacturing experience. This will be gateway to get more brands to outsource their manufacturing to XXII. Manufacturing is going to be back in AMERICA!!!
22nd Century Group (XXII) Q2 2023 Earnings Call Transcript Summary
In the recent earnings call for 22nd Century Group (XXII), several key points were discussed that could impact the company's future stock price. Here is a summary of the bullish and bearish points from the call: Bullish Points: 1. Record volume quarter in hemp cannabis business 2. Kilogram shipments in the first six months of 2023 exceeded shipments for all of 2022 3. Expect improved operating results in the second half of the year 4. Expanded state and store counts for VLN 5. Launch in California, Texas, and Florida with the No. 1 U.S. c-store chain 6. Additional retail chains continue to schedule launches 7. Targeting over 15 million in annualized cost savings 8. Early returns on engagement in driving adult smokers to stores that sell VLN are solid 9. Strong product acceptance at more th
22nd Century Group, Inc., an agricultural biotechnology company, focuses on tobacco harm reduction, reduced nicotine tobacco, and enhancing health and wellness through plant science for the life science and consumer products industries. It develops very low nicotine content tobacco and cigarette products under the VLN King and VLN Menthol King names; and SPECTRUM research cigarettes for use in independent clinical studies. The company has collaboration with Keygene N.V. to develop hemp/cannabis plants for exceptional cannabinoid profiles and other superior agronomic traits for medical, therapeutic, and agricultural uses, as well as other applications. 22nd Century Group, Inc. was founded in 1998 and is headquartered in Buffalo, New York.