Columbia Bakeries, Inc (fka CBBS)

[perseus1]

last friday july 9 someone sold 3,200 sh. of cbbs at .0012
for approx three dollars and eighty four cents 3.84
barely enough to buy a starbucks depending on your preference
cbbs then lost 33% [percent] of its value
with 155m [million] shares outstanding
this knocked down market capitalization down from approx
279 thousand to 186 thousand .0018 to .0012 respectively
a market capitalization loss of approx 93 thousand
because someone sold three dollars and eighty four cents
worth of cbbs stock
this should be an indication to everyone of how weak cbbs
APPEARS to be the fact is we still don't know
a bankruptcy wouldn't surprise me even if the company
stayed in business neither would a reverse split
the thing that really hurts is the late Q10 [quarterly] filing
for the first three months of 2004
not necessarily the move to the pink sheets
most of us have lost 90% [percent] of our money
or investment if thats what you want to call it
we might as well throw it on the crap table
personally for me im not selling that would be silly
i'll go down with the ship if thats what happens