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LONG $XXII BASED ON NEWS AND OPTIONS ACTIVITY

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AMEX:XXII   None
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BUILD A LONG TERM POSITION AMEX:XXII
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It received a major boost because of commentary from the Food and Drug Administration on July 28 that called for a new comprehensive plan on tobacco and nicotine regulation. The quick summary of the FDA's press release: It called for a reduction in nicotine in cigarettes to non-addictive levels, which would play right into the hands of 22nd Century Group, as a biotech company focused on reducing nicotine levels in tobacco.

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