Tuesday, December 12, 2023 10:02:21 AM
I certainly like it when the company is relevantly low key at this time. I mean this with respect to the dilutive factor and this usually denotes an announcement is coming. I will say that things are in the works, and .0005 is a buy and a nice approach to average down and this is especially good for the folks that bought into this when we reached the high and left many looking for a rebound in profit territory. You may have this chance now.
Many penny arcade companies have a terrific business model and should be able to give shareholders much to gloat about, but what seems almost an absolute common occurrence, is the prevailing dilution that interferes on ROI. When a company resorts to equity financial instruments it is on the burden of shareholders and within this process destroys one ability to maximize your return and it is for this reason why one has to stay on top of these penny issues and not tuck them away in your sock drawer.
Aside of a decent business model that CBIA has, the common denominator with this company is dilution and although, it has abated for the last week, it has not ended, and I stand by the reasoning that the upcoming announcement with collaboration with a strong entity is your one final chance to reap on the next bull run.
Make no mistake on this next run, it will happen and will be a great run well over .001.
This is a buying opportunity at .0005.
This is your Santa Claus rally and take advantage of it, because there will be no chance after this run.
Merry Christmas and have a great New Year.
Have a good day
varok
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