Retired CFO
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No. Look at the three July 2 news items.
http://www.otcmarkets.com/stock/CBAI/news
Thanks. Agree with most of what you said. The China deal is the best deal so far IMO cause it cost us almost nothing and has a huge upside. And I believe there is a lot more to that deal than has been announced. The deal is just too good and tells me the investment to build the Lab in China involved someone close to CBAI. And while AXMP might be less than a stellar company, Newco will be and has yet to be announced. Just my opinion though.
Morning all. We've already had three promoters come out with data on CBAI this morning. You can see them on Pinksheets.com under news. Hopefully this will be an up day as there was very little shorting yesterday. GLTA
I've heard Friday is cover day but have no clue if that is correct. We also have a long weekend with the market being closed in the US on Monday. So lets hope for an up day tomorrow.
I totally understand. If it wasn't for me I'm sure my girlfriend would have sold by now. Yes, I still believe. It's just taking longer than I expected truthfully but we're headed in the right direction I'm certain. Best of luck to you. Dew
The original contract is now more than a year old. I've never seen a contract that didn't have a limited time to close so I think it's a safe bet the original deal is past us. Not looking good.
Looks like I didn't miss much today. We have some good news. Not sure what it will mean but the short volume was the lowest in months at only 12%.
CBAI|1914837|15610798
You still feeling sure about that bottom statement? Good thing I have plans for the rest of the day so I don't have to watch. LOL.
I really have no clue but would think it would be large enough to get the share price in the dollars. First we have to get profitable and the share price way up.
I think that is what he was saying. And for sure some day there will be a r/s but like he said not until our company is profitable and the share price is much higher than now. I don't look for anything this year but certainly eventually as we will want to move up to the big board in time. IMO
Who are you? I have an idea. You made some very good points tonight. Many of the things you said about CBAI are true. You know your stuff on this one so welcome your comments.
I have a couple of issues though. While I agree we are competiting with deeper pockets as this industry moves from a niche market (assuming cord blood remains a key need) to something more like a commodities market (most people choose to store), that's not to say someone currently not a player like Pfizer couldn't decide to jump into CBAI due to our Insurance connections and the fact we did well buying Stellacure and the awesome China deal. You have to agree those were pretty good moves?
And then there is the reverse split suggestion. Since I happen to own a lot of shares I may be biased. But based on my knowledge, which is fairly significant, I think the share price would actually go up, not down, after a reverse split. First, it would establish CBAI as a real player. And second, the market value would be much more reflected. Thirty million is hardly a fair valuation don't you agree?
You suggest the share price could reach a nickle or a dime before a split. Wow, that's better than I expect from a money market or IBM. So we agree. An awesome investment at these prices.
Just my opinion like yours. But I look forward to your comments. Do you currently own any shares or options?
Dew
Short volume was 51% today. Wasn't Auto on the Ask a lot today? How many MM's are shorting this stock? I also see that Raja joined the party again today but went on the bid and the ask. Strange.
CBAI|7121397|13918196
No problem. I don't know if it's temporary or permanent but I have Fidelity L2 and it sucks compared to Pinksheets. Booger has a good L2 also and I think his results are close if not the same as Pinksheets. Hope they keep giving it away.
If you haven't seen it Pinksheets now has free L2 which I think is more accurate than my Fidelity. Check it out.
http://www.otcmarkets.com/stock/CBAI/quote
Nice. The Afford-A-Cord program must be generating a lot of calls. I mentioned before about the financials getting better every quarter. Possibly, we could get to a positive cash flow position during the 3rd quarter and then profitability 4Q. Not saying it will happen but if the Afford-A-Cord program generates enough business we could, and then that would be announced and set this stock off IMO.
Thanks mucho Mr Long for all your DD. Amazing stuff.
Just because the share price is dropping is zero indication the company is doing bad. In fact the company has made all very good moves and shortly we will see as the quarterlys get better and better. If you have some facts to back up your arguments other than the current behavior of the share price then post them.
Another way to view this stock is we have over 5 billion shares outstanding and recently the average trading volume has been under 20M shares a day. That less than .004 percent of the float being traded daily. Obviously, there are a ton of longs in this stock. That is a good sign for long-term gains once the quarterlys show the steady improvement. Matt knows with that many shares outstanding it's easy to manipulate this stock until our financials are better. The only thing that will fix it for sure is profitability and a positive cash flow. That is coming folks. If not the 4th quarter of this year then 1Q11 for sure IMO. But I know Matt is trying his best to make that happen sooner rather than later. So lets hope he can do it this year. Once we are cash flow positive they will announce it and then the share price will be where it should be. Much higher. Matt is a very smart guy IMO and I for one have faith.
I didn't. I'll give you the info again later.
I'm afraid it's worse than that. We have STXG selling who knows how many shares and today the short volume was 42%. So Nite knows STXG is selling and is taking advantage of that by selling short with STXG chasing the ask. Not a good scenario I'm afraid.
CBAI|7701458|18222397
I was with you on that comment. Glad the day ended finally.
I haven't asked about the postcards as others have so waiting to hear the answer.
Interesting that Nite moved off the Ask to .006 leaving STXG at .0059. Still looks like the MM's want to take this up once STXG is done selling.
Short volume today.
CBAI|4785405|20697935
We're not going anywhere until STXG unloads his boat and it looks to be a pretty big boat.
With STXG sitting at the ask right now at .0058 I see Nite put in a bid at .0057. To me that signals Nite is OK with STXG being in control right now which is a good thing. Hopefully he doesn't have that many more shares to sell.
Like I said before, it sure looked to me that the MM's wanted to take us up on Friday but STXG got in the way. Depends on how many more shares STXG has to sell IMO. But you never know with these MM's. They are clearly in control. Lets hope we're up.
Morning all. So Holter, what is his pick for this week?
Don't forget my vision. The sharks have been fed.
LOL. Especially when you're still half asleep.
Well we know Nevada is aggressively promoting bringing good jobs to the State and heavily recruited CBAI. It also showcased them at a recent meeting. So look for Nevada to be the first Public Bank for CBAI. I've always said it makes more sense to consolidate public banks so perhaps the State of Nevada is going to help make that happen with a grant or something.
I don't have much use for Buyins at this point. But what they are saying is a short squeeze will occur if it hits .0097. They need to lower that number IMO.
I think we might have closed in the 6's except for the new MM selling, STXG. He's now sitting at .0058 but had to have sold at least 5M shares earlier today. And a nurse friend just called and said she was looking at the calendar at the hospital and July is National Cord Blood month. Cool. All have a great weekend.
And now STXG is on the Bid and still on the Ask at .0056. What is he doing here?
Yep. Unreal. A new seller. STXG???? Nite is still at .0059 for now.
The good news is the 1st quarter is the last quarter that we won't show good growth. With about $1.2M in 2Q we will be growing about 50% over 2Q09 and 1Q10. And it will get better each quarter, especially if we close the Biocells deal.
You can get the short volume on Ihub when they post it at the link below. Just add it to your favorites. I get it from Finra and all you have to do is change the date in the web address. It's usually posted on Finra about 5:30pm est.
http://investorshub.advfn.com/boards/board.aspx?board_id=17129
http://regsho.finra.org/FORFshvol20100624.txt
CBAI|7369135|16257150
I don't want to beat a dead horse but they haven't paid the taxes that were due November 10, 2009 yet either. Seven months past due. Call the tax office and ask them so someone besides me understands.
OK but your first note said the taxes weren't due yet. Now you're saying they plan to pay them soon. I believe that because if you remember the last time they either pay those Nov 09 taxes soon or get sued.
I agree totally Booger. If we close the Biocells deal (and yes I said if as I'm not totally sold on that one but trust Matt's decision) we will easily do over $10M of revenue next year and make a profit for sure. There is still a chance we make a profit in 4Q this year with over $2M in revenue. The fundamentals will take care of the share price. No doubt here.