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Re: MrLong post# 38650

Thursday, 09/23/2010 10:22:48 AM

Thursday, September 23, 2010 10:22:48 AM

Post# of 105534
The stock price has more to do with the MM's than Matt at this point. He has been very transparent with what he trying to accomplish and what he has completed. You rarely find this in penny land. I believe the MM's can make money easier right know selling naked shares at the ask then replacing them at the bid. What this does is make the stock look like it is selling off all the time after any up tic. I think this is getting harder and harder for them to pull off. The stock has trading down on very little volume. Remember MM's take positions for clients. Just because the stock is down does not mean the company is in a bad place. I have watching the trading closely and believe we are getting close to the turning point. There are big players out there with large sums of money that control the price direction of penny stocks. No doubt CBAI is a risky stock to invest in as many are but I have a lot invested here because it's a diamond in the rough.

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