Thought I would check in and see how the CBAI longs are doing. Did some CBAI buying today. The stock seems to be pretty well guarded at this point. It took a while to fill at the ask. The stock is being accumulated and it is my take that the MM's have been selling naked shares at the ask and replacing at the bid using what they get from weaker hands rather than sell their own. The pressure to keep it down is coming to a end. Matt has to put out a PR with meat on the bone and then the trend will be up. There isn't enough small time retail investors to have any impact on this stock. The game is being played by the MM's and their clients. The money has been made being short and now it's our time. Unfortunately retail investors need Matt's help getting this stock moving higher otherwise the MM's can keeps this low longer than most investors can handle. Don't be fooled by low volume as how the company is doing or lack of interest. Matt is working hard and providing as much transparency as he can. Let him do his job and do your job by learning the MM trading rules. It will all come together when you least expect it.
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