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An amended 8k was filed in regards to the $3 million loan Shane made to YOD. Within the filing it states at the end of paragraph 2 that the amendment was made to comply with rules of The Nasdaq Stock Market! It may not be an uplisting but at least it's something.
10-Q has been posted. It's ugly, but Shane did make a $3 million loan to company. Looks like some additional financing is going to be needed which will most likely dilute share value. No mention of Nasdaq
I have asked along with other questions and they respond to everything but the uplisitng question.
It's been almost 90 days since the reverse split. The stock has remained above $4 for 90 days to meet one of the Nasdaq listing requirements.
Not that anyone really seems to care anymore because it has not been discussed in some time. The DTC "chill" restriction was indeed lifted several weeks ago. I was having issues with TDA trading in CBBD and they finally resolved the problem which was internal and only affected TOS clients. As a result of this issue I have actually been in constant contact with the investor relations folks at CBBD. They have been very responsive and even offered to call TDA to help resolve the issue if I continued to have trouble.
That would only be true if the MM was sitting at the bid to buy a large abount of shares. The purpose of the MM is to provide liquidity at the bid & ask, not sit on the bid and absord 5 times the normal trading volume in order to hold the price at $5. Someone is buying this stock and its not only the MM. Don't forget the MM can also be the one selling large amounts as the buy orders come in. This game works both ways, its not always negative.
Someone bought alot of shares today! And before the people that take the stupid "buy/sell" numbers seriously start claiming there were alot of sells today..... Let me remind you once again that when their are no buyers and only sellers the price drops dramatically. Today....someone was patiently buying a large amount of shares.
Big volume today and holding strong @ $5
I was not comparing CBBD to AAPL, I was making a point that Barcharts is not a reliable source for stock advice nor are any other Buy/Sell recommendations. It's funny how they had AAPL as a "sell" the day their earnings were release, but now they are "Strong Buy". Funny how that works!
According to most people posting on this board, these PR release are all made up! DJFLEM.... you better be careful for posting false information!
Just because barcharts says sell does not mean its a sell. They have Apple as a sell and last I checked Apple is up $40/7% after hours on earnings. So, per your method you would have sold Apple prior to earnings and?
Per the Nasdaq listing guidelines the share price needs to be above $4 for 90 consecutive days which puts us in the second week of May before an uplist. Assuming the 90 days are not all business days which obviously pushes that back quite a bit. If this thing closes below $4 were screwed!
Big jump tp $4.80 and then back to $4.15! What the hell is going on here?
You just reposted your "2nd" post that said the stock was going from 7 back down to nothing.
Come on......You have been pounding this stock as worthless and going to $0. I want to know how you came to this conclusion.
So, you are using your expertise and have come to the conclusion that this company is just like all of the other reverse merge, reverse split penny stocks that are pumped up and go back to $0?
Not to be petty, but you actually said 10,000 more shares had been sold since you posted the 27,000 which is not true. Those 10,000 shares had been sold 10 minutes prior to your original post. How is it that you actively trade on delayed info? Why don't you use real time data?
Not exactly... I trade for long term and you don't. I have confidence in this company and will add to my position as the stock pulls back in price. If it ever hits my basis I may get out. Not all of my positions I hold long term, but if this one runs in the 6-8 months I may sell and my gain will be long term and my taxes will be far less.
I am guessing your one of those traders that has never lost money on a trade?
I am still waiting for the shares to get down to my cost basis. If they ever get to that point I will at least break even. You do realize that most on this board bought several months ago when the stock was actually trading lower than it currently is?
Those trades happened almost 40 minutes ago, well before this conversation started.
That's a good spin! you guys are convinced no one wants to buy this stock. The MM's job is to provide liquidity by placing both bid & ask orders. Not buy a 20,000 share lot to hold the price up at $4.75.
You can never rely on the "buy/sell" info, it is a flawed number and should not be used. When someone sells there is always someone buying. When there is not someone to buy, that is when the price really drops. That did not happen.
Someone has spent the last half hour building a large position in CBBD!
I'll post the link once you let us know how that conference call you had setup with You On Demand went!
I meant the Nasdaq Capital market not the Nasdaq Global market. Either way the requirements you have listed are not accurate for the listing they have applied for.
The requirements you have listed are for the Nasdaq Global Select not the Nasdaq Global, which has different requirements that are lower than the select exchange. I suggest reading info from Nasdaq directly so you have all information rather than using "investopedia"
I received a message from investor relations today that stated the chill on CBBD stock has been lifted by the DTCC. I will check the DTCC daily notice tomorrow and see if it is listed. Is anyone still having trouble when trying to purchase shares?
If the requirement is $4 million, that is going to be an annual requirment which they meet.
They need at least 400 shareholders. Has anyone read the last report to see if they have shareholder numbers listed?
Your spin on the PR release is not any different.
I am sure you prepared for the date you intended to have last week. Sorry that didn't work out!
The PR statemeant was meant to be vague and hopeful. If the uplisting doesn't happen, no one can say they stated it would happen and bring a lawsuit.
I haven't had a chance to look through it fully. The only numbers I did look at(and the only that really matter at this point) were the revenue and cash on hand. At least the revenue they were generating from existing operations has remained consistent and they have cash (I believe it said $7m). I really would like to see them generate some revenue on the VOD front so the additional financing does not need to happen. We do not need any dilution.
Even if they don't and file the extension it really does not matter. Companies typically file extensions to ensure their auditors have completed the full audit of their financials. YOD has to ensure the 10K is accurate if they want to be uplisted.
They are either delaying due to the audit or they are delaying because the numbers are bad and they need to prop up the stock price to ensure the uplisting.
Don't forget they need the titles approved before they can show them. 161 is a start! You can only watch one at a time.
I meant simple or exponential not the number of periods?
what moving average are you using?
What?
So, if you are going to buy in the $4.50-$4.75 range then what will the high be that you sell at?
I don't think an announcement saying they are presenting at a conference is "news" that would move the stock.
OSM.... did you ever have your call with investor relations?
The same reason as before. It is restricted to "trade for trade" by the DTCC. If you would have bought while it was CBBDD you would of had no problems. A glitch in the system I guess. I would email investor relations. If anyone has had good communication with investor relations can you contact them and ask why their stock cannot be purchased at certain brokerages?
I have never been a chart guy, but I understand the logic behind them and why people use them. However, for every example you can find that proves the theories you can find just as many that disprove them. I also would rather continue adding to my position than sell out and hope the price goes down more. I am still ahead on this and will add more if/when it gets to your $4 mark which is close to my cost basis. For me, averaging into a position is worth missing the optimum entry point.
I also take into account timeline and tax liability which is something you short timers don't care about. I plan on holding for a while and when I do sell I would rather be in a positon that pays 15% tax rather than 35%
They are just posting the financials that are already out there. It happens when a symbol changes. They are delayed in moving the info from the old to the new. Ignore it. I check the SEC website daily. They are usually posted there before anyhwere else.
http://www.sec.gov/cgi-bin/browse-edgar?company=you+on+demand&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany