Conservative Broadcast Media and Journalism Inc (CBMJ)

[campe]

Charts and technical analysis are all driven by market sentiment, however, there needs to be enough data to make it significant. On these thinly traded stocks, tech charts can easily be skewed by one large buyer or one large seller. And, one large seller does not represent the market, however, it can (and does) shake the weaker shares from traders who just trade tickers without understanding the business behind the ticker.

CBMJ has (IMO) a viable and scalable business model which needs to get exposed to a larger audience. When that happens, the trading will be more stable and chart tech analysis will be more meaningful. Those who have run a business understand it takes time to put things in place, negotiate deals, develop business history and credibility, etc. So long as CBMJ is moving forward, with a real business plan, I'd like to see it play out.

It is said that the market knows everything and everything is priced in, so with that said, if anyone knows something factual that will hinder execution of biz plan, do please share. The biggest fear with these OTC/BB is unscrupulous management who lie, cheat and steal behind the scenes. So far, I have not seen evidence, however, it does not mean it does not exist.