Thursday, December 21, 2023 10:12:21 AM
Do not worry/concern about the daily events. This issue is on track to do what I have been saying for the last couple of weeks. The filings are out and basically good numbers considering.
The yield sign will drop off shortly.
I'm going tout my horn which I rarely do. I know the penny arcade and how to trade in this venue. I've been trading in this unpredictable market for 35 years CBIA will explode.
Watch for further announcements and collaboration/partnerships which includes locations.
Buy this dip. Also, yesterday was a down day for the markets as well as the day before. When one trades on margin usually on significant down day requires margin acct to balance out. This is one problem with pennies like CBIA. See, penny arcade issue is cash 100% and of course nonmarginal either. Many who trade on margin might be in an issue which will result a balance squeeze for their down investment grade holdings and when they need cover or retain good standing on their accounts, many resorts to penny accounts to obtain cash. This is what is happening with CBIA and many other penny stocks. When you see a .0003 going off or in .0004 is these sellers are raising cash for good or bad, doesn't matter to maintain a proper margin account. I do this all day long. I don't care about taking losses on penny stocks, it's about maintaining cash. However! Profitmaking in pennies can be extremely lucrative and if one works it correctly you make up for others that seem to be depressed issues.
I know you can't so far get .0003, but .0004 is a great buy for this issue.
Get these prices while the getting is good.
Have a good day
varok
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