InvestorsHub Logo
Followers 7
Posts 662
Boards Moderated 0
Alias Born 05/23/2015

Re: Homebrew post# 4186

Friday, 02/10/2017 10:09:34 AM

Friday, February 10, 2017 10:09:34 AM

Post# of 4798
or Option D: they are only so many suckers willing to put their hard earned money into a scam like this. Insiders keep selling and selling and selling, increasing the float every month. At some point you run out of suckers willing to absord ever more additional shares hitting the market.

Obviously, that's not a fixed state, it could temporarily go up again. But with every insider sale (even if they're small: they happen so ridiculously often they do add up), you have continous momentum dragging down the price, and absolutely no fundamentals supporting it.

Every month the buying effort needed to take up or even maintain the current share price increases. while the effort needed to take it down decreases. there's very little CBDS can do to actually change this. it's not a real company after all: they'll never be able to deliver a revenue surprise, a profit surprise, being taken over, whatever, as they don't actually do anything.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CBDS News