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Trying to pick bottoms is very hard with pennies. Waiting for a bottom to form and see the reversal start is a better way to make money with less downside risk. The volume is telling me interest has dropped and waiting for more capitulation down volume to pick up. Then look for that bottom.
Yet the stock is down.I had posted that I felt the stock would pull back to the low 4's. Today is the second pull back to this level. Lets see if we we hold going into the weekend. I had planned on buying back back my trading shares in the lower 4's but I'm waiting at this point. The 3's are looking much safer as an entry point. When CBAI goes down it's good to have patience.
The cost of fossil fuels are and will play a big part in the farming industry. Local crops are becoming more important because transportation cost are high and going higher. Folks are learning about bad farming and we are seeing dust bowl issues in this country. Organic farming is the future not Monsanto. This has been tough road with this stock if you bought at a higher price. Penny stocks are not easy money. The stock is very liquid and I think this is the time to buy. I would use the current stock price to lower my PPS also. The trading is very tight right now and looking for the break out to the upside.
You have to sleep with one eye open with pennies. The trading is looking good as COIN bases. The RS is more or less written into the stock price. I'm not worries about the downside at this point but the spring is getting tight. Very little interest on the message boards which I like. I've been very patient with COIN. Hope to get paid sooon.
First post on this board. I have been watching this company for over a year. I've picked up shares in the .011 range. I think this is a great company. Obviously it has risk but I'm putting my money to work at this price. This is the season to be buying this stock. Going into the spring market you will be happy. Happy trading.
I finally got my internet connection back. My property looks like a war zone after this snow storm. I sold half of my trading CBAI shares when CBAI hit .045 and sold the rest of my trading shares at .073. I was concerned that the 4's weren't going to hold. Got that wrong but I got the 7's right. I think we will find a base again in the low 4's and may pick some trading shares. Hopefully whats going on behind closed doors is driving the stock up and news is coming. Which is great for my long term shares. I don't trust the stock direct for my trading shares. Learned a hard lesson here.
I sold some of my trading shares at the end of today. Happy to have doubled my money. I hope the rally keeps going though
The stock lot trading had been normal as we move up off a bottom. It appears we are trading on price and demand. Hopefully it's too hard or risky for the MM's to make money on the down side. Congrats to those that had the balls to buy in the 2 cent range. I think we will break the .o4 resistance level. The PR activity tells me Matt is trying to get CBAI back on investors radar before he puts out a major PR. I was able lower my PPS is a big way as it looked like we bottomed. Oh boy I got that wrong a few times. Matt will regain some respect if he gets rid of the DTC chill. Up on a down day. Not complaining
So true about this filing being the bedrock for penny stocks. Just like the the large amount of options Matt exicuted right before the shzt hit the fan for shareholders. Hoping that the company has turned the corner and it's being reflected in the recent rise in the share price.
Good to see some exposure on MSN.com. We seem to have some snow coming to Westchester, NY. I better go sharpen up my skis.
http://money.msn.com/business-news/article.aspx?feed=PR&Date=20111024&ID=14425711
I hear what you are saying. The risk trade is on and good money can be made here. The stock will be much higher when all the good news is written in the stock. If you are looking for safer returns of 10% one should be investing in big companies.
It has a tough period for per reverse split shareholders. One mans pain on Wall Street is another mans opportunity. Just the way it is when it comes to investing. Some say they have lost 90%. Other have used trading opportunities to help mitigate the loses. Dollar cost averaging can be worthwhile but not for the faint of heart. I took the risk of buying more stock when I thought the stock had bottomed. Hopefully at 2 cents I got it right because at this price I really lowered my average price. New investors to CBAI at recent stock prices are probably pretty excited about stem cell potential and where the stock is going. Many investors have deep scars and probably wont buy back in until the big bucks have already been made but that's investing for you.
Ask yourself why the prolonged run down. Why is CBAI going up with the rest of the market going up? I know is feels strange after so much financial abuse but hey enjoy the up motion.
todays action will put CBAi back on a lot of radar screens.
I would have to disagree. I think the up volume today represent interest in the stock. Long term or short term trade, we will find out. When I see the stock price go down with a press release then I agree about dilution or naked shorting. Today is different.
With CCEl heading down maybe we can rise up and meet in the middle around a buck a share! Oh geez it looks like I've had too much coffee. Hell just happy to see the price move up in a strong fashion.
Good to see the stock moving with the market in general! Baby steps with CBAI. I have picked up shares in the 2cent range in order to bring down my overall average. Good to see new posters here. Interest brewing? Bottom in? How about a great press release Matt and get a short squeeze going.
Today's PR was a big yawn. At least the share price didn't go down with the PR as has happened in the past. Maybe the bottom is in. Hopefully this PR is one of many and Matt is trying to get CBAI back on investor's radar before releasing a meaningful PR. Probably too much use of "hope" in this post for many but that's all I've got.
If I buy a million shares Monday do you think the stock price will finally go up? 50k is not enough
locks, not sure what Matt is telling shareholders on a daily basis but it must be scaring the crap out of them. Look at were the stock is. If Matt had something positive to convey then the happy shareholders would be buying stock and they would be telling their family and friends to buy. Apparently Matt has not motivated enough people to buy this stock. Some think he is great at attracting people that like to naked short CBAI.
I have been watching the low volume. Looking to see if we have found a bottom. I wish there was a better trading balance with CBAI. It has been a long time since we saw any buying support. Its as if the company has fallen off the investment communities radar. With a such a low market cap where are all the buyers? If Matt was able to communitcate a bright future we would have buyers. If we had a PR company that got Cord Blood America in the spot light we would have more interest. I have talked about the need for a real public relations company. No offense Paul. Penny stock are easily manipulated and retail investors usauly get burned. Retail investors don't realize the degree the stock can be manipulated. After a prolonged downward spiral in price you will see very low volume creating the impression the company is going out of business or little interest in the stock. Not saying this is the case with CBAI but this may actually be the low volume base before the penny stock game ramps up again. I am not offering investment advise. Penny stocks should rarely be called an investment.
Basically agree with everything you have said. I'm letting all my stock ride at this point. I got burned once with the reverse stock and issuing more shares. I am hoping history wont repeat itself with a Matt and CBAI. The stock price is telling me to be worried and that we are not out of the woods. If there's another shoe to drop I won't think less of you for venting on this board. Not that it's a positive note but CBAI is not alone in the stem cell poor stock performance group. The market has been selling off the small cap or riskier trade. Penny stocks in general need a good feeling market to work. Remember 1999 when tech was all the rage. I made stupid money on penny stocks. Retail investors don't have money to invest and I haven't seen any small cap mutual fund take a position in CBAI. If the future was bright for CBAI then there would be some indication in the stock. Retail seems to be always the last to get good news or bad news. Lets hope Matt has something worthwhile rather than the DTC controls the stock. Get buyers behind your stock and the bad bad shorters will fad away. Remember market makers compete for shares so make it hard for them to make money on the down side and you will have a new stock chart to look at.
necktoeye, love the new IHub picture. In the past many of us posted positive statements about CBAI. We were blind sided by the press release letting us know about the pending reverse split and issuing more shares which in the end may be the reason for DTC intervention with the chill. Many of us thought Matt and this company was going to be more just another penny stock loser. Posting that this has been a bad investment is part of the process of realization that you have made an investment mistake. Where are all the new excited investors who just found out about CBAI and found it at its all time low? Where's the new blood posting about how this company has a great future and buy now? With any DD most investors are nervous to touch this stock with what Matt pulled on his shareholders. There has been and will be crappy penny stock companies. Basically the odds are against them. Unfortunately Matt and CBAI turned out to be one of the crappy ones. Can Matt turn my large capital loss write off into a small loss or maybe a profit. I have no idea. So far Matt has destroyed the price and wonder if he has the right stuff to turn this around. If you blame naked shorting or JMJ for the reason for CBIA's constant price decline, then you should be posting warnings to stay away from all penny stocks. You can post this stock offers trading opportunities albeit few. Time and money is a big factor for investors. If this stock had been a flat liner which a promising future then I would be much happier. Too much money has been lost for far too long for many longterm shares holders. Screw Matt about my negative posts because he screwed me. If he changes that I'll gladly flood the board with positive post. Until then he owes me way more than I owe him.
Unfortunately when folks talk about the demise of the stock price they are talking about how the stock lacks worthwhile buying to support it. Prior to the press release of reverse split and issuing more shares the stock had found a base around .004. I basically started going very negative on what was happening due to the reverse split and issuing more shares and what the future looked liked. At that time many of my posts where deleted. Some here kept posting about how it was a great time to buy and how the ask was getting hit predicting the rise in the price. I said be careful because I thought the trading represented market makers selling naked shares at the ask and replacing them at the bid or lower. Totally legal. Here we are today with JMJ being the reason for the decline. I am in firm belief those that voted yes are as much to blame for where we are today. If Matt had the bottom line numbers to show the path to profitability he would have no problems finding stock buyers. The market makers are making safer money on the downside rather than inventory the stock. When a penny stock CEO say he wouldn't do a reverse split unless it was into strength and then does the opposite, is a major reg flag. Telling shareholders that the reverse split will attract better or larger investors not to mention up-listing has been BS. The DTC chill is just the icing on the cake. Reverse split and issuing more shares is a major concern of the DTC. A good learning lesson for all. If the vote was held tomorrow I doubt it would pass. If in fact the naked shorting has been the controlling destiny for the stock why would anyone invest here. This grassroots go after JMJ wont change the direction of the stock. Matt needs to fix his image as a penny stock CEO and then maybe the stock will have a chance. For the record I still own every share I bought.
The DTC has a big problem with companies that do a reverse split and turn around and issue more shares. Sound familiar? I don't believe Matt doesn't know what the beef is with the DTC.
You mean VFIN didn't see the yesterdays press release? Had they did, I'm sure they would be buying.lol
Why is it SFM that if Matt has crafted a great stem cell storage company, why is it always represented by a declining stock price?
I am trying to have faith in Matt but the stock price reality trumps whatever he is doing.
The statement implies that Matt prior to today's PR, has been commenting on the "evaluation of possible strategic alternatives". For those that missed the cut off date, it would be nice for those lucky enough to receive those comments to let the board know what was said. Thanks in advanced.
Apparently from the PR that what ever he is doing, Matt will not commit. What we do know is that the stock price over time is effected by what he is doing and that's what we have to go by. I can cut and paste a year over year stock chart if that works for you. I've invested in many start up companies that do road shows. It may be an old term but it's still done today and there are no clowns.
This post means nothing more than original press release. What it does mean, you're good at copy and paste. Locks I need you to expect more from Matt/Paul. We all want this company to succeed but this press release does not smell of success no matter how you read it. It's basically a hail Mary at best and based on how it was received, it would have been better if it hadn't occurred.
Locks it's not hard to follow. If you have something to work with from this that is not stay tuned let us all know. Otherwise Matt's no commit on a nothing PR is less than nothing. Give us an update on our China relationship. Put out a PR saying how he and Paul are going on a road show to show investment bankers how great the company is.
Acknowledge shareholders concerns now? I've been concerned since the reverse split and issuing more shares. Why now for this useless PR? For the shareholder benefit? Doubt it! Someone needed to sell a lot of shares. High volume today and the stock is down on an up day. I'm totally PO'd with todays PR in case everyone missed that. The only transparency that came to light today was a lawsuit caused by miss handling of cord blood collection. I have no idea if this lawsuit has merit but wtf it's more relevant than todays press release. The no vote continues to have been the smart vote. Maybe we will get a press release from Paul saying each shareholder will receive a frozen cake in order to take their mind of the falling stock price.
You have to be kidding me. This is Matt's business plan? If so that's why the stock price only seems to decline. I know you're smarter than this or you think I'm stupid.
This piece of crap press release is an insult to shareholders intelligence. Look at what the stock price did when it was released. Nothing! Because it says nothing! What about expanding on your up-listing expertise Paul? All the positive innuendo that came from Matt and Paul going into the reverse split and issuing shares has culminated in this press release?! Give me a f'n break! Locks I can't wait to hear how you can put a good spin on this crap. Sorry folks but this is a page from the penny stock book.
Starting a company isn't that hard. What is hard is growing the business and keeping the doors open. Using shareholders money to buy depressed companies or poorly run companies has been around for ever. Unless you have the expertise to make money off the investments they end poorly. The longer a company continues to perform without a positive return the harder it is to attract capital. Matt can't hide behind the DTC as the reason the company is losing investor respect. I personally voiced my concerns to him about what I saw happen or potential problems with the business model. I want to be clear that I am not saying I would be better at running the company. I know exactly how hard todays business environment is. The stem cell business needs government support just as the start up solar business model is. Without the government and state incentives it would never have grown the way it has. If the tax credits go away so will the solar growth. Getting a tax credit for storing your child's stem cells would be great for this company and the future health of of Americans. I hope Matt is tough enough to be a stem cell player and doesn't sleep at night thinking about how much shareholder money he has lost. I want his interest and mine aligned.
The company needs help getting some excitement behind this stock. Matt and Paul couldn't come out with any news today to support the stock's two day price increase. There seems to be little interest in supporting shareholders besides posting on Facebook and IHub. This stock remains a penny stock because the performance bar has been set too low. I know what a good PR company does for their clients and I just don't see that happening here.
Very strange day with the posting today. A fake Matt showed up. The stock is up nicely and I'm not about to look a gift horse in the mouth. If the fake Matt is the reason the stock went up then I'm all in favor of this person posting every day. Hell they can run the company because the real Matt just can't get the stock to move up. Only kidding! It's a sunny fall day and CBAI is up, so I'm going with the good vibe. If we finish the week on an up note, I will be simply ecstatic. How about a press release tomorrow morning Paul. Keep the love going.
Did not but if that was your doing great job. It would have been nice if shareholders new about this so we could watch if possible.
a share price below 2 cents, is that speculation or a reality?
Neb you were the buy on the dips guy. Did you vote yes for the RS and issuing more shares? Why has Matt been so complacent with the stock falling off a cliff. I'm waiting for the last of the golly gee posters, Matt is an awesome CEO, throw in the towel. Matt and Paul know shareholders are getting screwed and do nothing about it. All the shareholders that thought they got in on the ground floor now realize the rug was pulled out from underneath them. I just read a post on yahoo about this rippoff site where Matt and CBAI have found coverage. Paul can't seem to get CBAI is any indepentdent publication. That's what PR companies do! There is no coverage in this company. Unless you are part of the stayed tune crowd there hasn't been a worthwhile story to be told or future that any one seems to want to get behind. This is why the stock was falling before the chill and after the chill. If the stock has been shorted for all this time, then it's because it can be with no fear that the company is going to have a feather moment. Below 2 cents now. Great job Matt and Paul!
Some may have seen this article but if not it's a good read. If the rs and issuing more shares is the reason for the chill then shame on Matt and Paul for not doing any research. Doing research after the fact and saying nothing can be done about the chill is sooooo weak! If the company had the chill prior to the registration of the RS and issuing more shares, it's no wonder the DTC is pissed off with them. This is why the no was the smart vote. I would love to be back at .004 with all my original shares.
Micro Cap Stock Crisis and What You Can Do to Avoid it
by Tom Allinder on July 17, 2011
Over the last few weeks a lot has happened in the micro cap world. Probably the biggest thing is the fact that one of the largest clearing houses, Penson Financial Services, will no longer clear stocks under a dime.
A few weeks ago, Penson put in place a new policy that essentially paralyzed all stock deposits, clearing and what have you for sub dime stocks. This new policy is across the board meaning no certs, no DWAC, DRS, ACAT or any other method for any stock under a dime.
Obviously this does not affect companies that clear elsewhere… yet. Rumor has it that other big houses will follow suit.
There are two big impacts of this policy…
The first is self explanatory and we have already covered it; no more stocks of any kind under a dime through Penson. The second however is that many of the bigger online trading firms clear through Penson. This means that if a trader or investor who uses one of the big online brokers and they clear through Penson, that trader or investor cannot purchase shares of any stock trading under a dime.
How to get around this?
For the big online trading firms, if they expect to keep all those commissions they earn on the numerous daily trades on the thousands of Pinks and OTCBBs that are under a dime, they are going to have to clear these elsewhere. This may or may not happen and if it does, it will take a while. The only way to buy and sell stocks under a dime is through smaller firms and full service firms. Being that most of the action on these low priced stocks are by traders and especially day traders, that will not work well. Day trading and having to use a phone is like asking a neurosurgeon to do a delicate procedure wearing welding goggles and gloves.
I have spoken to individuals at many of the big Financial firms in NYC over the last several weeks. They are already moving to smaller clearing firms or setting up their own clearing in-house. It might surprise many to know how many big financial firms in the Big Apple deal with small stocks. There is too much money to be made to let the sub dime stocks fall by the wayside.
There is a caveat however… and here is the biggest point I will make in this article:
They will only take stock of companies that are FULLY REPORTING and DTC eligible. They do not care what the price is as long as the company is fully reporting.
In other words, there is a big weeding out underway right now.
Speaking of DTC eligible, those companies that have lost DTC eligibility are going to get weeded out too. Why?
Stocks that are not DTC eligible run a strong risk of having trading of their stock suspended by trading firms because of the expensive administrative nightmare it causes. What makes this even more painful is if the stock suddenly gets good volume. That volume will dry up as trading firms suspend trading in that security.
When a stock is not DTC eligible, all the week’s trades have to be settled through PAPER CERTIFICATES; it is expensive and time consuming and most trading firms do not have adequate resources to handle this especially on high volume stocks. To compound the problem, the traders of that stock receive an unpleasant statement the following month because the costs of the administration of non-DTC eligible stocks are passed on to the people who bought and sold the security. This can amount to several hundred dollars for each trader/investor.
If a stock is DTC eligible all transactions are handled automatically and electronically.
More on DTC eligibility…
One of the best ways to lose DTC eligibility is to register stock in any other form than an S-1. Many Pink Sheet and OTCBB companies are still doing things like 504s which is severely frowned upon by the DTC.
Many companies that have done a reverse split over the last year or so have had their stock “chilled” (non-DTC eligible) by the DTC. The reason they are getting chilled is because right after the reverse split takes place, the company registers more shares (usually through a 504) for sale. This pisses the DTC off and they chill the stock and no matter how many resources the affected company throws at the DTC, they continue to be chilled and the DTC becomes less responsive.
So the conclusion I have drawn is simple:
If you want the stock of your company to keep trading, become a fully reporting company and register new stock the way the DTC wants it done.
While these issues have caused much grief lately, I think for the marketplace overall it is going to be of great benefit to both the surviving companies, investors and traders.
We all know that many if not most of the Pink Sheet and some OTCBB companies out there are nothing more than ATM machines for the management team and their “investors”. Those companies that have no money and no business will be left in “no man’s land”. Those companies that do clean up their act and become transparent will stand a much better chance of succeeding in business and in the marketplace. The pool of investors and traders will remain the same or grow while the companies to select from will be far fewer in number.
There will always be sub dime and sub penny stocks to trade and invest in, there will just be fewer and the companies will be more transparent.