CBA Florida Inc. (fka CBAI)

[Bren4Realtor]

It is much easier for the MM's to sell you naked shares on the ask and buy back at the bid. That is how they are making money with CBAI. Matt hasn't done a great job convincing the investment community that the stock is worth more. This is why I trade some of my positions for small gains rather than wait solely for the big move which may or may not come. I think Matt has a great business model but I never forget that this is a penny stock. This has been dead money here for most while the stock market has been doing well. Don't put all your money in one stock and never fall in love. With penny stocks your chances of making serious money comes from MM manipulation rather than company fundamentals.
Having done a lot of research and DD in penny land which ended up being purely speculation, I have learned a lot about trading cheap stocks. I'm not trying to rain on the CBAI parade but having a trading strategy helps me with emotional mistakes I have made in the past. Something to think about is the upcoming tax season. If Matt doesn't change the direction of the stock it will have selling pressure as folks capture tax losses to offset gains. Always have a plan when it come to trading stocks.