Every day is an undeserved blessing.
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I wonder if they're sill testing this. Volume of 210 on .11? Ridiculous. Anyone here try to buy or sell?
Can you believe someone sold at $.11?! That's .00011! Wow.
This is a summer classic... still has $.40 lingering over it, and management intent on getting it done....
reply to "u still in this?"
I am not. Sold all between .11 and .14. My main concerns could be noted that the price was sustained at those levels... and perhaps even at the current levels... by some reputable folks here, but too many concerns in the company's inability to get out a good press release (assuming they really have "game"), and my DD indicating that their prized patent-holder didn't make it in at least one former company (if it's so big...). I never got a clear answer on their product-meets-market profitability... and the answer always seemed to be "if you know what we know"... but pressed for detail, that never materialized....
So where are things at (beyond pps)? I still do check back from time to time.
Buddy? Never spoke with him, connected with him... ever. The communications company, on the other hand... nothing changed since the sticky-posts. Things are in "establishment mode" still. Their timeline, not ours.
All this is in the shadow of anticipation... summary judgment... etc. Of course, no one has answered to my satisfication the "golden" question... the money-making-bank-subsidiary was sold, leaving CBCGQ with...??
Nothing to talk about until they put "it" on the table... give us something to talk about. I'm just waiting and watching....
Broke below .03... still anticipation in the air... TA says bearish recently with bearish engulfing, but still many bullish indicators... stochastic has it oversold... thoughts anyone?
Well... so much for my .11 buy. Hanging on. One day.
I'm refuting your assumption that the value of this NEW company rests in YOUR timeline. The absence of more information, or full development of the website AT THIS MOMENT means nothing. Common knowledge.
And now the bounce....
I did. You offered the following as support points for "cynicism by experience." Clearly, for you the norm isn't the company's level of development or timeline, but yours.
It doesn't help that the company isn't putting forth any effort to inform.
Can't even get a decent website up and running.
shake! shake! shake!
So your experience is that every company is ready when you are, informs you when you want them to, gets a website up when you want it... regardless of their level of development? A bit solipsistic, don't you think?
Regarding the split... just effected today. Doesn't seem anyone is running for the door. Does this resonate with your experience?
I realize you're making that tongue-and-cheek, but it's such a cynical view... ironically presuming as much for the negative as one might for the positive, in absence of real information! The equivilent presumption might be "it will probably be at $100 by eoy." Obviously, this company is not even out the door in terms of its new, self presentation, which makes this a huge risk. There are no guarantees. Thus, if you're going to trade, you need to base it on what we already "know" and might reasonably expect... "futures"... the same as investment in any other stock. My informed but speculative sense is that we're going to see some pretty big announcements soon ... of more than a speculative nature... but of a contractual nature... and they're going to keep coming. On the side of highest hopes, I think this has the upward potential of being industry-transforming. The path there involves all the usual combination of right judgement, relationships, product and luck... but all these are lingering in the shadows.
Reverse split is official. Today it's $.50 x $3.10. Interesting to see what plays out from here.... Pre-announcement level would have it at (relative) $21... and the first run, up to $100... don't think we'll be seeing those levels any time soon..., but now your table is set. Show us what you've got.
The Bank-subsidiary, the profitable part of the bigger company that went into bankruptcy, did get sold by FDIC... but there are some serious disputes with implications in the millions. Some DD I've read say that will only lessen the liability, but then what the heck was the forced sale of the bank? You do ask the question I've asked, and worth asking... what is the nature of the (existing/remaining) company? Speculation remains in management that is substantial and formidible enough to legally challenge the feds.... Wish I knew the implications in all this....
I'm not a mindless, CBCGQ cheerleader... clearly the drop was ridiculous. I attribute that to an influx and summary departure of momo-riders... but amidst these were some solid, large investors, and upward potentiality with a company that's still kicking in the stall....
If this is orchestrated well, it will coincide with near-immediate news demonstrating the higher pps value.... We'll see.
Those who don't know how this trades, who are unfamiliar with the chart and what's playing out with this company... run the risk of losing big time. They're panicing and not aware that this has fundamental momentum trending up to $.40 and beyond... they don't know that big money was pouring in between .05-.07 as you indicated... much by insiders, folks who have reason to anticipate this climb. This thing can double in a matter of moments... and that's just momo-driven. Get down to the fundamentals and this is the summer train you want to ride...
Looks like it. Always a sell off like this before a big run... get's the amateur/ shakey to dump and run, while the MM's and others accumulate and follow the tracks back north... especially before news.... This is going to be a fun one to watch in the next two weeks!
She's on the run again... ASK at .038...
About to get ridiculous again... hold on folks...
What's a market sell? i.e., what drove it to .0005 in the first place?
She's bucking in the stalls... priming for another run. No one wants to risk missing out on this one....
It... is... ALIVE! Any of you on the ASK?
Notable EOD / HOD ask smack - 155,000 @ .047!
Wish I could have gotten some of those $.37's...
CBCGQ getting ready to rock again... Currently under .05... recently plowed a path near .07... still think she's being pulled toward gap-fill of $.40... it's been a cycle of roughly a week-long(ish)... pattern of plowing forward, then big corrective pull back... but settling higher than former support... then all over again to next level. With very recent big-corporate dollar-pps overshadowing this, an active management disputing key aspects, large companies vying for shares, impending news, the current political-economic climate, 22M in uncovered shorts (perhaps changed in past few days)... can only be BIG (up from here!)... this is going to be VERY volitile in an overall upward direction....
Setting nicely for next stage up... already plowed a path near .07... still think she's being pulled toward gap-fill of $.40... it's been a cycle of roughly a week-long(ish)... pattern of plowing forward, then big corrective pull back... but settling higher than former support... then all over again to next level. With very recent big-corporate dollar-pps overshadowing this, an active management disputing key aspects, large companies vying for shares, impending news, the current political-economic climate, 22M in uncovered shorts (perhaps changed in past few days)... can only be BIG (up from here!)... this is going to be VERY volitile in an overall upward direction....
DFS... If you know, can you educate the board in the specific... is the prospective judgment they're seeking concerning the status of their bankruptcy? Or? And what are the practical implications per $?
CBCGQ's attorneys definitely think they have solid standing... and reason to recoup millions in taxes. I don't know what the implications are of this (ongoing) bankruptcy case... i.e., if they are granted a summary judgment?
Trading today is a general cooling from strong, upward momentum. Let's face it, the run above .058 was thin and crazy... without support. I am somewhat surprised at the trading below .048... thought new support was at least there. Tells me some momo's were in the house.
There's so much possibility/ combustion under this thing... on many people's radars. That will need substance to be sustainable. Thus, IMHO- this is a 2-month big-growth opportunity... Chartwise, it's going to trend toward the $.40 gap; Business-wise, there's definite "big-business" interest....
I for one don't want to miss the train (am glad I'm on board)....
Agreed... this board is for CBCGQ... no conversation of others please!
Anything new here?
That's for sure... major accumulation between $.05- .058... above that trading was a bit thin, but still broke through some resistence and paved the path... charted the course!
DPS-
I appreciate that, but of course, don't make decisions based upon me! My number 1 concern was the core-strength of the corporation... which, after the bank-subsidiary (profitable side) being sold, I'm still not quite clear about.
That said-- we know there is core value/expectation revealed by: 1) big companies purchasing preferred stock, 2) sufficient business stature to pursue legal action per taxes amounting in the millions, 3) general trading behavior. These make this more than a "what the heck are we doing?... all-aboard anyways!" momo....
Clearly, this has evidenced fundamental strength beyond i-hub (etc.)-driven momo... there has been something substantial moving this up. However, the EOD was a bit unusual... the wild swings of day/swing traders (today's drop from .068 back to .052)....
IMHO, there is a $.40 gap to be filled, and anticipation of 'big corporation' associated with this, a political-economic climate that "needs" Colonial to succeed... that will keep it trending solidly upward....
Looks like some exchanging going on... if that's the case, invariably we're dealing with stronger hands holding at higher levels.... Also, more going on here than ihub momo... solid, fundamental movement upward. Shorts covering, chart, political-economic climate may = perfect storm....
Gotta zoom out on this one... can't track per day/swing trading... she's being powered by fundamental strength and momentum... news anticipating a major "recovery"/turn around, big infrastructure, corporate leadership, big-buyers jumping in... a $.40 gap to fill.... I initially tuned in at .03, and watched her fall to .025 (ish)... but had no worries... was surprised at fundamental strength of this one. IMHO, historically (recent) she'll dip 15-25% from of any given high, but will keep trending strongly up to the $.40 range. In other words, get on board and lock yourself in... with this one it's 2 steps back, 5 steps forward... higher and higher support levels... far more going on here than PK traders....
CBCGQ!!... big, big money pouring in... more players here than PK-land... currently trading .05+, at base of big mountain with gap up to $.40... strong, upward momentum... latest news speaks of preferred shares being acquired by multibillion companies....