It is often stated that because of what is preceived as a negative post, makes the difference in a stock price - when a company has solid financials and lets information be known to all, is what makes a price go or not go.
CNAB had a very "weird" beginning - IMO. When companies start like they did with a R/M.. it often is not a good sign. And to have a guy like Paul Enright in the beginning doesn't do anything for the credibility to the start.
Only time and financials will tell what is going to happen with this thing.
The stock price has been jumping around for a long time....again, it is all on the shoulders of the company/owners. Posters comments can't make a stock price go down when it is doing a good job. Well, it could go down a small amount but nothing like this stock roller coaster.
However I have seen "rah rah" posts have a bearing on the PPS (goes up) on many OTC stocks, including this one.
It started going down as soon as the R/M was done.. and has done an up and down thing ever since and there really aren't that many posts on this board.
Just to say it again, when a company is being traded, the owners shouldn't be making extra comments to investors, something that isn't already known via a PR or a SHM. I believe "extra" talk would be deemed illegal.
And I always wonder why a P&D is necessary....
“Are you playing stupid or is it not an act?”
"Beauty fades. Dumb is forever"
"Don't spit on my cupcake and tell me it's frosting"
"Don't pee on my leg and tell me it's raining"
All said by Judge Judy
