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Re: stockguy99 post# 40992

Thursday, 10/21/2010 5:40:06 PM

Thursday, October 21, 2010 5:40:06 PM

Post# of 105534
I think Cord Blood America is in the right spot for a very exciting growing industry. That being said, Matt had to buy his way in and we now have a very large number of shares. There is competition in this space and large funded companies tend to win. I had a lot of shares in a company years ago that had the same promise CBAI has. Unfortunate it went belly up after a slow death in penny land. Competing companies basically ate their lunch. CBAI has not had a buy and hold trading pattern. It has performed terrible compared the the market in general. When it moved up to .0042 recently it took a very positive market to get there so for a trader it was a good selling time. The better move for a penny trader is to be very patient getting in but very impatient to get out. I have made good good money trading safer stocks than CBAI. I am waiting for a catalyst to have this stock jump and get out. The jump may come from Matt or the MM's. Don't really care. I am not a young guy so I don't have the time to play around.

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