CBA Florida Inc. (fka CBAI)

[Bren4Realtor]

For what ever reason this penny stock is down, it's down. If JMJ is the reason, why not....then this reason can continue. As for the 50DMA what does it show you? The average is falling as the stock moves down. If you are holding the stock for years who cares abou the 50dma in penny land. Buy and sell based on your plan. I think we might get back into the 2's where I would possible pick up some trading shares. The handle was lower than the cup which made going long risky. We went through 4cents and know we look for a base in the 3's. The trade when you're not in love with CBAI, was to sell this recent rally. CBAI is just another penny stock and I will call it as I see it. I still have long term shares but sold off much of my shares to trade other stocks. Done waiting for penny stock CEO's to come up with big moments. The big PR's seem to always work against you in penny land.