{"id":3310,"date":"2013-12-02T13:13:56","date_gmt":"2013-12-02T13:13:56","guid":{"rendered":"\/?p=3310"},"modified":"2013-12-02T13:14:47","modified_gmt":"2013-12-02T13:14:47","slug":"22nd-century-group-inc-otcbbxxii-looks-optimistic-on-european-patent-news","status":"publish","type":"post","link":"\/articles\/22nd-century-group-inc-otcbbxxii-looks-optimistic-on-european-patent-news\/","title":{"rendered":"22nd Century Group, Inc. (OTCBB:XXII) Looks Optimistic On European Patent News"},"content":{"rendered":"

22nd Century Group, Inc. (OTCBB:XXII<\/a>) already looks to an optimistic ending of the year, as in November it grew by a third, and started December with optimistic news of patents granted in Europe and additional growth late last week, during the post-holiday session. XXII<\/a> in the past months has been building up its business for 2014, and now will have to prove its mettle beyond the effect of PR messages. \"XXII0212.png\" <\/p>\n

XXII<\/a> stood exactly at the $1.30 levels, adding a bit more than 6.5% on subdued trading volumes around $210,000. Now, Monday may benefit from the effect of the patent news. XXII<\/a> managed to receive protection for isolating two nicotine-producing genes of the tobacco plant. The patents will be issued in the next few months, and will last until 2026. This allows the central idea of XXII<\/a>– producing tobacco products with internally modified nicotine content. \"VPCO0212.png\"<\/p>\n

Still, there are short sales for XXII<\/a>, betting that the ticker has moved into an unsustainable price range. Also, the short selling coincides with a period where holders of warrants are exercising them, so investors are expecting that the pressure be taken off XXII<\/a> in the weeks to come. XXII<\/a> is also mentioned in investors’ newsletters, so the awareness remains robust, though without a full paid promotion.<\/p>\n

XXII<\/a> also works on reduced-alkaloid biomass tobacco species that are to be used outside the tobacco products industry, as a way to utilize other potential uses of the tobacco plant biomass. All of this is integrated into the trademarked Verfola variety.<\/p>\n

In connection to XXII<\/a>, Vapor Corp. (OTCBB:VPCO<\/a>) also holds its position, despite a pre-holiday correction. For this company, there are hopes that the potential will be recognized in the new year. VPCO<\/a> added 5% on Friday to reach $1.68 on trading volumes above $214,000.<\/p>\n

Victory Electronic Cigaretted, Corp. (OTCMKTS:ECIG<\/a>) starts to look more worrying, as after a few fl\"ECIG0212.png\"at days the ticker slid down toward the $9 levels, and has a wide berth to continue the drop, despite the promises and the recent high prices.<\/p>\n

If you still want to take up XXII<\/a>, keep in mind that the upward potential does not guarantee periods without some setbacks, given that the ticker has been going upward relentlessly for a while, and may take a breather. XXII<\/a> will also have to show its revenue streams, and how well its partnerships with big tobacco companies will work.<\/p>\n","protected":false},"excerpt":{"rendered":"

22nd Century Group, Inc. (OTCBB:XXII) already looks to an optimistic ending of the year, as in November it grew by a third, and started December with optimistic news of patents granted in Europe and...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1114,779,757],"class_list":["post-3310","post","type-post","status-publish","format-standard","hentry","category-news","tag-ecig","tag-vpco","tag-xxii"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=3310"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3310\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}