Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
No comment/questions/thoughts/concerns on a 20-to-50 jump in minutes?,
No one finds this abit "funny" & cares to speculate, even if I was in & scored, I'd still be wondering why.
17.6,....
BAM, 49, out of no where???
49,
then I see a fight;
47, 19, 45, 24, 44, 38, 25, 34, 25,
No one qusetioning why?
just curious
Cheers
Thanks, were you able to sell yersterday or just today?
If you don't mind, (being that apparently I didn't have a chance to trade this fluke, even if I was still in & even if had a chance to trade this fluke),
how much % wise & @ what price?,
(just something for me to think about, I'm still pretty new to this whole stock thing especally the penny side),
by watching how other's play, & get to learn other/different styles/thoughts of playing the game.
If not, totally understand,
I for myself do post my numbers & strategy to see if others agree or to hear any flaws in my thinking from those w/more experience.
Cheers
He just stopped down by the river, out in the street,
he heard that CBAI Shareholders & the Poor Boys are playing,
he brought 2 shares & is tapping his feet.
Still showing pre-split numbers also w/Scott's,
Symbol Qty...Last...Price Chg $|%Total Chg $Mkt Value
CBAI# 3025...N/A.......N/A...............0.00..........6.05
Notice the CBAI#,
If I try to trade CBAI,
I get .002 for a quote
CBAID,
I get .27
I can't sell either one but I can buy either one.
CBAI sell; I get this;
Unable to accept the order because your account does not have enough shares available for sale. You may already have open sell orders in this security, or may not own enough shares in this security to complete this transaction. Please review your open orders and position to determine the amount available for sale. If you have further questions, please contact your local branch office.
CBAID sell, I get the same thing.
Havn't called the office for I got out before the split & have nothing to sell.
Anyone eles call Scott's about this & perhaps traded?
If I was still in & couldn't traded yesterday or day because of "technical difficulties" & lost a chance to double my share count, I'd be beyond pissed.
If anyone who traded yesterday or today, who do you go through?,
I may have to change.
Congrats again to all,
Cheers
Your welcome, hope yours looks better than mine;
BTY, not even @ 40, yes my share was higher, though, I played the r/s & sold @ 18, hoping for a buy-back @ 16,
yea, got got,.....that's trading,
played a 20-18, 19-18 a few times, never saw this coming though, had a strong feeling about this r/s is different though
Cheers
I sence mischief a-foot;
close @ 17,
opening bid @ 16.5,
(makes sence),
18
(makes sence, we'll do 16-18 today, r/s was priced in),
18
19
20???,....
BAM, 50???,
(a fluke like that "11" a few months ago),
49
(someone/computer saw a fluke jump, like my standing sell @ 75),
17.25
(where it should be, back @ 17),
17.6,....
BAM, 49,
49,
then I see a fight;
47, 19, 45, 24, 44, 38, 25, 34, 25,
(someone wanted this back & someone wanted it down),
evened out @ 30,
30, 38, 30, 38
(Sorry, just trying to get a feel about what happened today while I was @ work, in the middle of a trade),....
Once again, congrats to all that didn't play the r/s.
Did I see this coming, "today", no, (why should I),
Would've I played this different, no,
Did I loose, yes,
Would've I played this different, no,
Do I still like my investment in this company, yes,
Will I still be around 3-5+ years, yes, (sorry for some),
I missed a trade, I'll get it back heck,
I still got "one" following me,
This is "pennyland", (so I'm learning),
like quantum physics,
common sense ceases to exist
But,...the 20-bam-50 is interesting,....
Cheers
Congrats to All, WHAT HAPPENED????, WHAT NEWS???,
The new offices was "yesterday's news".
Tried to put an order to buy w/Scott's this morning before work, before hours but wouldn't reconize cbaid or cbai,
just figured I'd try again today after I got home from work, go figure,....
Once again, "Congrats",
hope that those that really wanted out got their chance to w/at least some of their original buy-ins.
For those on the other side playing the "r/s",
I too see the cheering & wondering, "we had this, it was a no-brainer play, no way"!!!
Cheers
It was a joke, just wanted to see it before I corrected the numbers.
Interesting play, picking this day to open 6 new offices.
Cheers
I get a feel it'll get worse before it gets better which is why I pulled out for now, except for 3025 shares, for some reason I couldn't sell those,...
In the end, I feel it's a better move.
C-Mex has it written in the LOI that "something" had to done to the share strucure & I believe giving "some" shares to them was part of the deal also, I for one didn't read the LOI close enough to put it together.
Either way, Matt got his loan-a/s, the r/s was just a way to get an a/s without it looking like the o/s is now 56bil so, lets see what he does now.
Matt also stated another reason for the a/s was to get control back of the shares floating out there & a hedge over any hostle take over.
It's going to be interesting what the market cap is now or,
what the "market" feels it should be;
6.9bil @ .002= $13.8mil,
225mil @ .2= $45mil
6.9bil @ .004= $27.6mil was.
BTY, as of now, Scott still shows;
Symbol...Qty... Last...Price Chg$... %Total Chg.. $Mkt Value
CBAI....3025....0.002....+0.0002........+0.605........6.05
I was hoping to sell those also so, when I do get back in, I can "play" the commision too.
Cheers
Wait til you see your shares @ .20!
I've wondered how you can sell your million shares before they "split" your share count.
Cheers
It could be read in a misleadiing way,
80% of the sharesheld voted yes.
Could it have been worded that way, perhaps. I'm pretty sure it's implied anyway.
Either way, it's done.
Cheers
As of now, Scott shows;
Symbol...Qty... Last...Price Chg$... %Total Chg.. $Mkt Value
CBAI....3025....0.002....+0.0002........+0.605........6.05
Just my two shares,
Cheers
Thanks though Tony's answer nails it;
What does the "D" stand for?, CBAID
If you think about, not such a bad thing,
Like these chart readers trying to chart a penny stock.
In penny-land, it's like quantum physics;
everything we know goes out the door, it doesn't work on a sub-atomic level.
Why does a "little-known" penny suddenly spike 50% in a day on no news/pr anything, but, out of "no where", volume spikes to unheard of levels then, after the carnage, it falls back?
Not talking this one but, seen it happen in others.
Cheers
Guess we'll find out Mon when "Opening-Day" kicks off.
I concor & totally agree,
It was never the r/s, it's always been the a/s,
Seems like the volume on the board is dropping also.
Just got back in @ 19, (out @ 21), small trade but what the heck,
if we're gonna wallow @ 20 now, (instead of 40), might as well try to have more shares going into the profit run,
it drops the pps ave. "some" @ least,
if anything, there's some action.
Cheers
Of course not, that's the dilution,
would a company ever say,
"we are going to start dilution of 185 millon shares on May 2"???
Got to say though, he gave a timeline to when the "r/s" will happen, <May 6, all pennies wouldn't even think about saying something like that about a r/s so, gotta give him that.
We know it was the a/s he was after all along yet, the r/s timeline is a nice touch, never seen that,
I'm give him that & that's a big one.
Cheers
It would shed some light to the percentages of;
institutions "%" vs. individual "%", (.1%>= 6.3m>),
(the r/s-a/s isn't in effect yet).
Interesting to read how the "feel" on the street went this morning, & in the volume & trades.
Cheers
Could you imagine wasting the "feather moment" pr, the one that gets us to profit right before a r/s & an a/s???
Even if he did close the deal, I would sure hope he just wait at least a week or two for the dust to settle if he has any care for the shareholders.
On another note, got to hand it to the turnout.
The "no" got their umbilicord handed to them but most impressive of all was the turnout.
I'd to see what the individual vote was, just to see it.
Cheers
Don't be too quick with "we're in big trouble",
we'll get the "r's dump", 15-10 & hold 10.
The pr will read, "with the re-nailing of investors", we can now move forward,...(yada, yada).
He has to come out with "something" & all knows it.
What he needs to do in two weeks is;
bust the lower-end & finish what he started & post this pr;
"thanks to the dismiss of lawsuit & the re-cap of shares,
C-Mex is NOW CBMI".
Perhaps(?) he does feel bad for the shareholders & feels a quicker fix is better in the 1-2yr haul.
"no big investor has interest in this stock", & won't until "2Q's" of profits are posted, that'll create interest, be sure.
In the mean time, back in the swamp, we hit 10, bounce to 15, & hold, good chance we drift to 10 & hold, these whole numbers seem to work ie; .01, .004, .002.
The "holy grail" of C-Mex pops us to a double & hold wherever the r/s thing holds us at.
I don't see what more I've got to lose, besides what's left of my investment, ownership?, months in never-never land?, mm's stomping every chance of a break out?,
even if this dosen't pass, @ best we pop to 30 & then see a slide back to 20 in two weeks.
I'm out for now, took 3 days @ 21, hoped for "something" in the last 6 weeks, I was down so much, didn't have much left to lose anyway.
I played all-in, now playing all-out, I'm waiting for the dust to settle for now.
If I can play this right, I'll be back in @ double my share count, if not,
I should be able to get back in @ even may share count.
Cheers
EDIT; Note: Scottrade does not accept stop orders on Bulletin Board/Pink Sheet stocks, although stop limit orders may be placed through a broker at the broker-assisted commission rate.
Yet who goes through a broker on a penny?
Guess I need to.
Seems I need to find out about others.
Thanks,
Cheers
Can't put a stop loss, trailing anything on a penny stock.
Those lawsuits seem to be something,
3yrs; CCEL +211%, CBAI -87%
3 months; Mercedes= +40%, Matt= -52%
Seems Matt is losing more money than Mercedes in lawsuits.