What bother's me about CCEL's trading of CBAI is the simple fact they are violation SEC rules on Schedule 13d amendment rules imo.
The Schedule 13D must be amended “promptly” to report any material change in the information provided, including any acquisition or disposition of 1% or more of the class.
information provided, including any acquisition or disposition of 1% or more of the class.
Rule 13d
A mere 1% buy OR sell warrants a " prompt " disclosure, looking back they have never even come close to this requirement. I have sent a complaint to the SEC, and I urge every shareholder to do the same.
The games being played here for many, many months is disturbing to say the least. IMO, and I know others disagree, the pps is being held down by someone...and for a reason. Everyone has seen trades as small as 300 shrs designed to drop the share price, and this is an ongoing tactic.
Complain to the SEC, and your broker on what you see going on here is something everyone can do in a few minutes.
