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DouglasJH

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DouglasJH

Re: None

Thursday, 01/06/2011 9:38:33 PM

Thursday, January 06, 2011 9:38:33 PM

Post# of 129051
Thursday was an ugly trading day for CBIS, IMO.

At one point in the morning there was 6 MM's lined up at .05, now only one remains at the close.

A little more than 10% of trading was done at the ask --- and roughly 90% at the bid. OUCH!!!

I can only speculate that management needed to pay some bills today. Hopefully, they have good news for us on Friday.
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