Investing in CBAI stock is really a gamble Tangiers will ease up selling at some point so the pps can rise. Other than that they will meet any buying demand with matched selling keeping the pps in its currant range.
When the buyers begin dry up in the low to mid teens, Tangiers will clear out the weak bids to put the stock on sale again. Then investors already loaded with shares will sense a bargain and add more to their pile.
This strategy might work for retailers if Tangiers was finally exhausted at some point in the future. The problem is he'll never be exhausted. Matt will always need more cash and Tangiers is his go to cash cow.
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