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I suspect the Leukemia foundation did a little research before deciding where to store stem cells. What about the link between a stem cell storage company and research. The news looks good to me. The foundation could have aligned themself with another storage company and some would complain that Cord Blood America wasn't chosen. Take the news and be happy.
How's that working for you today. Would have been nice to find support above .004.
Even the cops know Star Bucks coffee is way more addictive than pot.lol I've been nibbling at current prices. 2012 is right around the corner and plan on make some money.
Actually the tading is looking good. I posted that traders should start averaging below .027 and I thought retail might get shares down to .022. This is what I've been doing. Todays trading looks like the MM's are trying a shake out shares. Which is fine with me. Small run up with naked sells. If the shares are replaced with higher lows I'm happy. I had a buy today that ended up looking like a sell. I think we have a base worth buying into. Tax selling is basically over. Matt mentions a strong 4th quarter. Looking for a trading bump going into 2012.
I agree on the upside. I have been picking up shares below .005.
Those that sold with this morning run up, may have missed the bigger upside. I'm hanging onto my shares to see how 2012 turns out. If we get a fertizer order press release then we are off to the races. Happy trading
Ahh so you are saying the chill came after the RS and issuing more shares vote? One of the triggers for a DTCC chill is when a company does a reverese split and the issues more shares. If the DTCC chills was in place prior to the vote than shareholders should have know about it because it was matterial to the company and the vote. Maybe Matt can undo the damage he brought on the share value but basically up until today he has been using the penny stock play book. If in fact, you and Matt knew about the chill prior to the RS and issuing shares vote without letting shareholders know about it, I would get a lawyer. But in penny land this kind of chit goes on all the time. CBAI is just another penny stock. The positives you know about in a penny rarely beneifit you. Its what you don't know about the company thats screws you in penny land. It stills bothers me to see the IT/PR representative posting here.It takes a penny company CEO to put this in action. But then again what do I know,I'm posting on a penny stock board. Getting back to the basics, I'm looking for the stock to base in the low 2's. I have been looking for a down purge volume day to set up a base.
I agree we are not talking about a big investment. It could be one of many investments or simply window dressing. I take it as a positive in the penny stock game plan. It's good to see Matt start being a player rather than get played. When you are a penny stock CEO the playbook is different. Not cutting him any slack though. We have history to get past. Otherwise he's just another penny stock ceo.
I could be pretty tough on the interview but that's pointless as it's already reflected in the share price. Matt mentioned 4th quarter revenues looking good. That's a tough statement to walk away from as are the LOI which are easy to BS around. From a trading perspective what do we have. Possible quarter over quarter positive revenue trend, stock price is back to recent lows, tax loss selling pressure is coming to an end and Matt picked up a few shares. In penny land this could be a good trade going into the new year. Averaging into a position in the .022-.027 range should pay off. The MM's may get the bid down to .02 but dought retail will get shares below .022. I would like to see a final down share price purge to set the base but not sure it's coming. That being said I have started averaging in so folks know where I stand. I have not forgotten that CBAI is another penny stock.
I voted no and voiced my concerns about the company and fate of shareholders. I could no longer get email responses from Matt but instead was handed over to the IT/PR department. Then my concerns going into the vote were often deleted on this board. I was a a big fan of CBAI up until blindsided by the RS and issuing more shares. Some folks just don't want to admit what has happened instead of learning a hard lesson. CBAI is just another penny stock so you better get the penny stock handbook and learn how to play the game. No hard hard feelings...done with the BS. Trading to win my money back. I beleive in me, not a penny stock.
You trade penny stocks because they are penny stocks. If Wall St. thought CBAI was a slam dunk growth story we would be at a different price and Matt wouldn't be in bed with JMJ. Folks that are posting here 24/7 are suspect and that goes for both sides of the trade. Investors should be basing there investment on the market at large. It takes a very bullish market to have pennies move up as a group. So your are left with very selective pennies picks. I like CBAI as a penny trade because of the liquidity but otherwise I have no clue how well the business model will play out long term.I still haven't seen a true bottom here in the mid 2's. The MM's making money naked on the ask and replacing at bid. Why because Matt's track record is written in the yearly chart. The risk here has been being long not short.If matt could change that my approach trading CBAI would change. Looking for a trading bottom in this penny stock CBAI.
JMJ takes the price down. What takes the price up? We just had a run up of the stock and I didn't see you warning everyone to sell before JMJ drove the stock down. CBAI is a penny stock company run by a penny stock CEO. We have broken down through all the support levels. Looking for a signal that it makes sense to buy back the shares I sold. Will the 2's hold. Was a bit surprised the 3's didn't hold. A high volume down would would spark my buying interest. Trying not to make any more entry mistakes with this stock.
Do we have a date when the "D" comes off. Any thoughts on the share price when we lose the D.
I shouldn't have used the word funny. No disrespect. CBAI has a history of riding the 50 dma after falling from a run up but has always fallen below to spend the bulk of it's trading time below the 50DMA line. Can the low 3's set a new 50dma average low base? Possible or it will tend to were history repeats itself which would be in the 2's. I don't buy and hold trading shares so would prefer to rule out a buy in 3's only to lose a big precentage ending up in the 2's. Don't love the stock anymore so my approach is the penny stock approach.
The post about the 50dma is funny because the only time the stock gets abouve this average is on short lived run ups. The stock price for the most part stays below this average.
Many of us thought this company was more than just another penny stock and made poor investments or bad trading choices. Basically the reverse split and issuing more shares was the wake up call. All the rhetoric going into the vote was rigth out of the CEO's penny stock hand book. So watch and see if the stock gets back into the 2's maybe pick up a few trading shares and sell with the next bump. Avoid the BS
For what ever reason this penny stock is down, it's down. If JMJ is the reason, why not....then this reason can continue. As for the 50DMA what does it show you? The average is falling as the stock moves down. If you are holding the stock for years who cares abou the 50dma in penny land. Buy and sell based on your plan. I think we might get back into the 2's where I would possible pick up some trading shares. The handle was lower than the cup which made going long risky. We went through 4cents and know we look for a base in the 3's. The trade when you're not in love with CBAI, was to sell this recent rally. CBAI is just another penny stock and I will call it as I see it. I still have long term shares but sold off much of my shares to trade other stocks. Done waiting for penny stock CEO's to come up with big moments. The big PR's seem to always work against you in penny land.
Don't feel bad. Penny stocks don't do well on big market up days. With less risky stocks going up in a big way, why be in penny stocks? Don't fall in love with individual penny stocks. Can we get into the 2 cent range? Don't know for sure but the short term trend and stocks chart is looking that way.
Cup and handle is gone along with the .04 support. CBAI is a penny stock, nothing more, nothing less. I have sold off a lot of this stock after the run up and sold more because 4 cents wasn't holding. If we don't see .03 hold then we will be in the twos. Not bad mouthing the company but just can't wait around here with downside risk and less risk upside with other stocks. I could care less if this company is in the stem cell biz anymore because I am making more money trading on what I can see. What do you see with CBAI. A better safer trade in the 2cent range. Learned the hard way. Done with the Matt, JMJ or DTC chill BS. Wishing all the best no matter what's your CBAI stratigy.
I'll bite....why?
Grabbed some shares at .0099. Not too shabby
If JMJ is currupt what does that say about Matt for being in bed with them? It all comes from the penny stock company play book. The reason I have been able to trade my way back from a big loss here is because after the reveserse split and issuing more shares, I judge Matt and company based on the penny stock play book. Before the press release declaring the RS and issuing more shares my average share price was around .038. I had put too much faith in Matt being a different penny stock CEO. I don't fault him on doing what he has to do to survive in a tough business environment but I bases my trading on this reality. Too many better stocks out there to get cought up in the blind faith here. With the DTC lifted and the stock below 4 cents tells you the right trade was to sell inot the rally. The money I've made in other stocks may go back into CBAI trading shares if I see that the down side risk is lower. This is just another penny stock, no more no less. Happy trading
Wasn't that one of the reasons for the reverse split? Better financing term.
Actually the volume isn't that great. I sold a few shares today and it went through in bits and pieces. Sold to make money in other stocks. Thought a better stock trend was in place here but too much risk here with better trades elsewhere. Have a great Thanksgiving all.
Picked up 60k in shares today. Been slowly adding to my count below 2 cents. COIN's days are not over as some may say. This stock is on everyone's radar. Liking the volume.
Considering how ugly the general market is doing and how well COIN share price is doing today I'm hanging on for the ride.
The volitility in the stock market has changed over the last 25 years making it hard for new investors who are on a steep learning curve. I started out investing in closed end funds and held for years. I try to remember ever investment mistake I've made before I start a new investment. I am humbled by big wins as they have more to do with luck than skill. You are so right about having a plan. The message boards are a lot of fun but any plan shouldn't be based on them. You have to wonder how many new investors have read Graham and Dodd Securiy Analysis. All the best with your investments
The other company in today's press release is trading up today while CBAI trades down. Don't fall in love with penny stocks or they will break your heart. Never put all of your eggs in one basket is the best advice ever!
You are not a bad trader or investor. You were blindsided by an RS and issuing more shares not to mention a DTC chill. Lesson learned and now you are an even better investor. I have been investing for roughly 25 years and still learning.
Investments you fall in love with are the ones you tend to get burned by. CBAI is a perfect example. There is nothing wrong with dollar cost averaging but rarely works in penny land. Use this approach with high quality stocks. I bought shares after the RS at a low price per shares. I held the low priced shares and sold the same amout of high prices shares to lock in the loss. The money I took in with the sale has gone into other stock wich have made me more money than I could have made in CBAI. I am counting on my skills to get me out of CBAI because Matt hasn't been much help. My CBAI share price average is now under 6cents which I'm willing to hang onto at this point.You said dollar cost averaging in CBAI is a gamble. I would agree.
It is soooooo lame to combine the constant decline in the share price based on Mr longs predictions. Investers lost faith in Matt not some IHUB poster. We just got through the reality of the DTC chill and hopefully with the cup and handle forming we cam see the stock move up. The amount of bickering and bulszt post would make any real investor puke. I'm glad Paul seems to have moved on from this because its embarrassing for the company PR/IR rep to get involved with the crap posted here.
There's a nice cup and handle forming. If it holds we could have a nice break out. .06 looks like the pivot
One would figure there would have been a magor short squeeze with todays new. Someone said .053 was the magic number. Will .06 be the new base or back down to .05. In any event I would have liked to have seen higher up volume today on the news. Hope I'm not being too greedy considering the general market isn't looking too good today.
I'm as happy as the next CBAI investor that the chill has been lifted but didn't forget that the stock price had been falling way before. .004 had looked like a base after a long period of decline. Then we get hit with a reverse split and a chill which killed the stock. Apparently if todays gains respresent a reversal of the chill damage then what caused the rest. Basically the stock has to get back to 40 cents or .004 pre RS & chill price to erase the damage.The small rebound with chill news today keeps me wondering and one eye open at all times with penny stocks. I'm truly happy for all investors and Matt. Without the chill I'm sure Matt will have a better shot running his business. That being said this is one last thing he can't hide behind when it comes to the stock price. I want CBAI to survive as a small biz in America because we need jobs. The deck has been stacked against small businesses in this country and we need to change that.
What did happen? When I left my computer this morning the train was leaving the station. Looks like somebody backed the train right back into the station. Oh well, glad I sold my trading shares on the run up. We seem to do better without news. If that's the best the stock can do then kiss the 4's away.I learned my lesson here.
The video is a tad sexest having a the female figure the clueless one. Actually men tend to be the gamblers not women. Pennies are like crack. Once you buy your first penny share its hard to stop. I have made horrible mistakes thinking I was going to get rich over night buying stupid stocks. When you can admit to how stupid you can be when chosing stocks you become a much better investor. I thought I had made a the rigth choice with CBAI as a penny stock. The Reverse split put the dunce hat back on. The recent trade off the bottom allowed me to move money on to better investments. I still have enough CBAI if Matt finds an acorn.
So far I like the action today. The D will come off COIND soon enough.
Looks like we hit .04 today. If we break that resistance we could get a run to .10.
With all the bad news we've had the stock is up on good volume. Congrats to all that have picked up shares after the RS. Maybe a good time to average down for those are feeling a high PPS average. When they release a PR about organic fertilizer orders we should be doing well. Pennys aren't easy. The plus side of an RS is that there are less shares available and the stock price can move quickly.
I found that to be intersting also. That's why everyone should watch the youtube penny stock cartoon video. There are degrees in company quality on the OTC and I feel Matt and the company are one of the better OTC stocks. That being said, always keep one eye open with CBAI at all times or any penny stock because they are all struggling companies that may or may not make it. Penny stocks aren't hidden gems that Wall Street hasn't found. Retail investors almost always gets hosed with pennies.
Many stocks also fall off NASDAQ and continue to traded on the BB. If you bought high then thats the real problem. I can make money here with COIN.