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I was reluctant to purchase more shares going into December due to the tax loss season. The stock price has been basing at .004 even with tax loss selling. The stock is tightly held. Considering the number of shares in the float the volume has been very low. My money is where my mouth is. This is a great time to buy.
I picked up over a million shares this am. I haven't been too bullish on the stock as of late until todays PR. The reason I added to my total shares is because the lack of movement in the stock price today even with buying pressure. Pennies on the OTC are a much different animal than bigger companies on larger exchanges. The MM's play such a big part in the stock movement, much more than the usual PR from a penny company. That being said I didn't have to chase the stock up after two important press releases. This is great point to be buying the stock. Matt may be close to having some impact on the stability of the stock price which is rare in penny land. I have been doing this for years and rarely post on message boards. This is the time to be adding trading shares or shares for the long haul. I will certainly come back to this post if I got it wrong but my money is were my mouth is.
I thought I would check in and see who's chatting up CBAI. Would have liked to see new faces. Interest seems to be pretty much aligned with a lousy stock chart. Todays news didn't have much impact on the stock. Hell CCEl is up more on no news. I sold a bunch of my stock on the last run up and was waiting to buy back in. I decided to put that money into other stocks because CBAI is playing dead at this time. Matt and his company are still in the penny league where the MM's and their clients decide the stock price. It would be nice to have an end of the day run. Does todays PR have any legs?
Sitting and waiting for 3rd quarter results. Not trading a single share until then. CCEL another stock I follow in the stem cell space has been doing well lately. Matt should keep an eye on this company. They've been successful without issuing a ton of shares. To be honest their website makes Cord Blood America's look lame. http://www.cryo-cell.com . Unless Matt can show folks are getting behind him in earnings and or stock price I'm going to have to rotate into a company that's getting the job done.
The trades going through at the bid haven't put any downward pressure on the stock in this price range. It looks like short covering at the moment. The stock movement has been controlled by the MM's. I doubt the MM's and their clients want to be short going into 3rd quarter earnings. This low volume drives retail investors into becoming sellers. Hang onto your shares and buy if you can.
CBAI isn't on enough radar screens at this point to get big PR reactions unless the MM's want to stir the pot. I have posted here that they will continue to sell naked shares at the ask and buy back at the bid because they have the control at this point. That's how they make easy money. If Matt put out a PR that got investors attention then they have less stock control. There are so many stocks to invest out there. How many eyes are on CBAI in a given day. The trade swing is too tight for me right now so I am holding all my shares. At this point the risk is not being in the stock verses selling shares.
The hard part about pennies are the emotions that run with them. I agree the message boards are fun but not a good plan for investing. Big jumps in penny stock land are constantly peddled. Few manage to get in or out during the spike and fall when they do occur. They usually have a lot to do with the MM's and little with what's going on with the company. That being said, I see that a few here have turned sour when they should be watching for a higher base in the stock which we may have formed. Trade some of your shares so you feel like you have a positive plan rather than waiting for that special PR. I started with around 8mil shares and have traded them into roughly 12mil. If we start a new trend line morale will obviously go up with it.
Trying to catch up with the weekend post. I see a lot of posts regarding the authorized shares. I have some of my investment money in Matt's hands and support him in his business decisions for the time being. Large authorized shares being a good poison pill is always placed in the proxy rhetoric to help get the vote. There are much better poison pills than large number of shares. The common share holder rarely benefit from this unless the company performs and creates value. The authorized shares go to raise money where inside investors get shares at a discount to prevailing market price. Some of this ends up being death spiral financing. The proxy rhetoric about employee compensations packages ends up being stock options plans with crappy strike price conversions for common shareholders. Matt has to convince more investors that there is more value in the shares price than .004. There are no corporate insider buys SEC filings going through which would help with the shares price. A poison pill warrant for the common shares holders with give added value in the event of a hostile take over. Matt has my support but I don't have the time for BS. It's Matt's job to prove CBAI isn't just another penny stock surviving at common shareholders expense. Certainly not happening today at this point considering we've got the big interview. Show me the money Matt so I know I made the right investment here.
StLXer, sorry if I'm slow to respond. I don't have a lot of time to dedicate to this board. The company I made a reference to was Noise Cancellation Group NCTI. I bought shares and made a lot of money in a short period of time. The company stock was followed by the investment community and even got press coverage in the Wall Street Journal as well as other publication. I should have walked away with my money and never looked back. Unfortunately I fell in love with the stock. Had regular conversations with COO and CFO not to mentioned went to every annual shareholder meeting. Spent many hours with others doing DD and posting on message boards. It took the 2009 tech bubble to really move the stock. At the peak my shares were worth 800k. I didn't sell because this research and development company had such a bright future as presented by the COO and CFO that. Years of inability to capitalize on amazing technology the company was forced to sell shares to death spiral investors who benefited from the stock decline. The management screwed the loyal shareholders by their inability to make the company profitable. Believe me the insiders did well as the rest of us lost money. I want to be clear that I am not comparing NCTI to CBAI. I lost a lot of money on NCTI but rather than give up I taught myself to be a different investor. I will try to address the other CBAI related questions you posted when I have more time. One quick note. NCTI was a research and development with great tech that started buying other companies trying to make themselves profitable. In the end it didn't work. CbAI has an interesting business model but isn't a research and development company. Matt has been purchasing storage potential. More of a data back up rack space business model if I can be that crude. That business model can get very competitive quickly. Sorry for the long post and Go CBAI! because I want to be clear that I have a lot invested here.
50k isn't the problem with the pennies. It's my ability to move 12mil shares if I need to. It easy to get into pennies but not so getting out. I love investing much more now than years ago because I learned some hard lessons.
I think Cord Blood America is in the right spot for a very exciting growing industry. That being said, Matt had to buy his way in and we now have a very large number of shares. There is competition in this space and large funded companies tend to win. I had a lot of shares in a company years ago that had the same promise CBAI has. Unfortunate it went belly up after a slow death in penny land. Competing companies basically ate their lunch. CBAI has not had a buy and hold trading pattern. It has performed terrible compared the the market in general. When it moved up to .0042 recently it took a very positive market to get there so for a trader it was a good selling time. The better move for a penny trader is to be very patient getting in but very impatient to get out. I have made good good money trading safer stocks than CBAI. I am waiting for a catalyst to have this stock jump and get out. The jump may come from Matt or the MM's. Don't really care. I am not a young guy so I don't have the time to play around.
I have traded my position up to roughly 12mil shares. I am ready to make some money here. If we don't get some substantial news soon I will be paring down my position. It's not that I don't have faith in Matt but as a trader I don't like dead money in my investments. There are a lot of Matts out there running great companies and they are doing better with their stock price. Wishing everyone here the best with CBAI but trade with no emotion and you will make more money in the end.
It is much easier for the MM's to sell you naked shares on the ask and buy back at the bid. That is how they are making money with CBAI. Matt hasn't done a great job convincing the investment community that the stock is worth more. This is why I trade some of my positions for small gains rather than wait solely for the big move which may or may not come. I think Matt has a great business model but I never forget that this is a penny stock. This has been dead money here for most while the stock market has been doing well. Don't put all your money in one stock and never fall in love. With penny stocks your chances of making serious money comes from MM manipulation rather than company fundamentals.
Having done a lot of research and DD in penny land which ended up being purely speculation, I have learned a lot about trading cheap stocks. I'm not trying to rain on the CBAI parade but having a trading strategy helps me with emotional mistakes I have made in the past. Something to think about is the upcoming tax season. If Matt doesn't change the direction of the stock it will have selling pressure as folks capture tax losses to offset gains. Always have a plan when it come to trading stocks.
Agreed! let's try to keep the emotions off the board and try to stay as analytical as we can.
Trying to catch up on the post here. Troubled to see the board becoming a debate about the right or wrong of harvesting and storing of stem cells not to mention the soul implications. Stem cells are going to benefit mankind in profound ways. Saving developed lives is more important than this BS over cells and souls. If you are concerned about lives and souls starting speaking out against war crimes that occurring around the world. Enough men, woman and children have died for all the wrong reasons. You can't be pro-life and pro-death at the same time.
Thought I would check in and see how the CBAI longs are doing. Did some CBAI buying today. The stock seems to be pretty well guarded at this point. It took a while to fill at the ask. The stock is being accumulated and it is my take that the MM's have been selling naked shares at the ask and replacing at the bid using what they get from weaker hands rather than sell their own. The pressure to keep it down is coming to a end. Matt has to put out a PR with meat on the bone and then the trend will be up. There isn't enough small time retail investors to have any impact on this stock. The game is being played by the MM's and their clients. The money has been made being short and now it's our time. Unfortunately retail investors need Matt's help getting this stock moving higher otherwise the MM's can keeps this low longer than most investors can handle. Don't be fooled by low volume as how the company is doing or lack of interest. Matt is working hard and providing as much transparency as he can. Let him do his job and do your job by learning the MM trading rules. It will all come together when you least expect it.
One more note on market makers. Large ones like NITE are involved with many stocks, have a ton of money and a lot more patience than your average retail investor. Their financial future isn't centered around CBAI. If you have too much of your investment capital in one stock like CBAI chances are you're under too much stress to play the MM's game. One way to play this is to have shares you trade with no emotions and the shares you hold because you have this wonderful emotional feeling this stock could change your life financially. Been trading stocks and closed end funds for 20 years.
The stock price has more to do with the MM's than Matt at this point. He has been very transparent with what he trying to accomplish and what he has completed. You rarely find this in penny land. I believe the MM's can make money easier right know selling naked shares at the ask then replacing them at the bid. What this does is make the stock look like it is selling off all the time after any up tic. I think this is getting harder and harder for them to pull off. The stock has trading down on very little volume. Remember MM's take positions for clients. Just because the stock is down does not mean the company is in a bad place. I have watching the trading closely and believe we are getting close to the turning point. There are big players out there with large sums of money that control the price direction of penny stocks. No doubt CBAI is a risky stock to invest in as many are but I have a lot invested here because it's a diamond in the rough.
Nice buys went through at the end of the day only to end up at .0045. There isn't enough buyers at this time to keep the gains. It's easy for the MM's sell stock they don't have to the retail buyer then drop the ask and replace the shares at a lower price. It's still easy money for them to replace short positions and make money. Once the volume changes with good news then they will have to let it run. Those the have patience will benefit. We are in a nice trading range for the MM's and a base for us longer term investors. Weaker hands are selling to the MM's. Fortunately the volume is low. I am waiting for this to run.
The volume is too small to get emotional about the stock movement. The stock will be easy to play with until more investors take notice. There have to be investors out there with very large positions. I have enough shares to cover the daily volume we have been trading at lately and I'm a small fish. When we trade above 100mil a day wake me up. This stock is going to make me serious money and willing to wait for that day.
Added to my position this morning. I have been watching the MM's pick up a lot of shares in ths area. The volume is very low which the MM's like to do to scare foks out of their shares. Remember CBAI isn't on most investors radar so the MM's can control the price with ease. When they can't extract any more shares from nervous CBAI holders they will run it up. When Matt puts out a meaty PR then the MM's will lose their control. Easy for them to make money with naked shorting also. This is a big problem for small companies on this exchange. As hard as it can be, buy when the stock looks bad. The stock being at this level on low volume has more to do with the MM's than the company.
Chatham Cape Cod! I am a big fan of Cape Cod and have spent a lot of vacation time on Truro. I just asked my son if he wanted to run up to the Cape if the storm get close. We are big wave lovers and would love to be on Race Point when mother nature gets angry. I am thinking about retiring on the Cape. CBAI might make that happen earlier than thought. Todays chart has me keeping my day job unfortunately. Being in real estate has pushed my retirement age out a bit.
Congrats Dew on your CBAI buys. I bought shares today also.
I've noticed large buy blocks go through on L2 over the few trading sessions. Any downward pressure has been on light volume since we have seemed to have bottomed out. I would not be a seller here and if you have the extra cash CBAI is looking good. The MM's have been moving around on the bid collecting weak shares. I am not a day trader and looking forward to when the chart starts trending up after this nice bottoming shape.
A reverse split is the kiss of death 99% of the time. I don't care what a company says in the reverse split PR. Showing money on the bottom line is more important than the exchange you are listed on. RS tend to be last ditch efforts to make the stock look better than it is. As an investor in CBAI I will be in a world of pain if the best this company can do is a reverse split.
This company has great potential and doubt a reverse split is on the table. The management should start buying shares in the open market to show they feel there is value at current prices. A SEC filing for CBAI management buying stock will make the share price jump up. I'm not big on employees being showered with stock option either.
Matt's pr about retiring outstanding debt is big. When he starts getting better terms on the financing of the operations, understand the business has a brighter future.
The stock market has been weak for some time and CBAI is lost in a sea of penny stocks. I feel I've been lucky to have been able to buy CBAI at this price level. We are competing for exposure and investment dollars. Matt's use of the social media to get the word out is fantastic. I have turned family and friends onto CBAI.
My kids have CBAI in their custodial accounts. Something has to pay for college.
I was looking for investment coverage of cbai and came across this. I tad more than the typical penny stock coverage.
http://gaskinsco.com/linkto-cbai.shtml
I had dinner with an old friend last night. He does consulting work for pharmaceutical companies. He basically helps them realize their potential with their developmental and existing products. After we got through the small talk of the kids and vacation we got into whats going on in the medical field. I love listen to him because he is so damn smart. He doesn't do any personal investing which blows me away with his knowledge of whats going on in the medical industry. I asked him what he thought about stem cell research and storage. His face lit up like a kid in candy store. He doesn't follow the storage as much as the stem cell research and applications. Basically this is a freight train coming down the tracts. Europe is way ahead of the US in stem cell research. He said any parent that has the opportunity to store their child's cord blood and doesn't is foolish.
The volume has been low lately. The mm's continue to make the stock look weak but they have been willing to buy up the weak shares in the .005-.0052 range. Remember MM's buy for themselves as well as make purchases for clients. They will short the stock down and then make it go dormant with low volume so it appears there is no interest. There are nice buys going through at .0051 under the radar. There will be a quick jump in volume as the professional traders push it higher. Then the home traders start buying in. This is the penny game. Until Cbai can move on positive fundamentals which it will do eventually you must play the penny game. Monday will be interesting. I picked up extra shares at .0051 yesterday. Someone else was picking up shares at .0051 today. Unless the markets melt down Monday I think CBAI will start moving higher. I thought we would see some of that pre Monday move today but was wrong. Enjoy the weekend all.
As you can see by my screen name I'm in real estate but have been investing in the stock market for at least 20 years. I have been following CBAI for over a year with interest but rarely invest in penny stocks. Maybe 3 or 4 pennies over the 20 years of investing. I started buying this stock in the last 5 months and have a large position. I finished up my last purchase of around 2 million shares yesterday. In short this company has by far the greatest potential I've seen in a penny stock. Pennies are mostly crap stock that are manipulated which you make money on when you understand how they are played. CBAI will be separating itself from penny stock status. Having done this for many years I hope all will hang onto this diamond in the rough or you miss a unique opportunity.
New to investorhub. Tired of CBAI on RagingBull. I have beaucoup shares of this company. I think it has great potential. This is still very much undiscovered by the buy and hold investor. The MM can play around with this all they. Don't be fooled by low volume and lower prices. They are looking for shares.