Learn to Trade

[DonLeopoldo]

CBPC e-mail UPDATE:


CBPC UPDATE:

I bought some 9's and 10's. Should have waited for 8's !!

I don't know what will happen, but today's FORM will probably give a breather to the chart.

A lot of volume yesterday, and only lost 1 downtick. [Volatility/Volume] is very narrow down here.

R/S will be filed with Delaware SOS by August 15th, while the Shareholder Meeting is set for Aug., 14th, and the 10Q could come out by Aug., 12th (as it did last summer).

Speculation could eventually force a reversal to the 0.0011-0.0013 levels.

Trading between 0.0008-0.0013 is still mandatory, unless some big news were released.

A close under 0.0008 would be a bad sign, and a close above 0.0013 would be a good sign.

Notice all the millions traded at yesterday's Stop-Loss SELL Trigger, within a narrow range and with a ton of buyers at that level. Similar thing happened when the R/S filing was first released: a ton of panic sells were bought at bid within a narrow range and the PPS didn't collapse.

These facts must be considered and be closely radared. If some substantial news were to come out before mid-August, the run could be insane, due to the impossibility of having dilution since the A/S is maxxed out.

At this point (0.0008), the Market Value is $560,000, while there were $500,000 in Cash and Cash Equivalents in the 1st Quarter, and there were revenues of $970,000.

We need to see the next 10Q coming shortly, within around 20 days, and we'll see how the company is doing.

At this point, without more information to chew on, we have to rely on what we have, and consider this investment as a high risk one, or as a swing trade down here.

But the chart and the Filings are 'telling' us to RADAR CBPC very closely, in order to be ready to INVEST in the COMPANY, IF substantial news were to be eventually released.


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All in my opinion. Do your own DD.







This is another old chart I have stored in my PC:




In my opinion, what will happen is that the remaining CD's will probably be cancelled, and the PPS will go up high, above the Warrant Exercise Price, and the Warrant holders will pay up to $5 million dollars to exercise the Warrants.

The Debt is $1.5 millions, and there will be $3.5 million CASH left.





Follow me at your own risk; look where I'm fishin' LOL
All I say is my opinion &I could be wrong. Do your DD!
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