They are obviously diluting today! I bet they are getting close to maxing out the shares now, won't be long. Next I predict the announcement of the Reverse Split. They have never denied it and in my opinion it's the only option.
If I was holding this right now I would dump it. Only two more days left this week and the trend has turned. Just take a look, I guess all the chartists from early were wrong.
Its very difficult to time profitable entry and exits. Its really just a gamble. This stock has the volume to move the pps. The Dilution seller(s) keep the pps from exploding. THEY control the stock.
In my opinion tomorrow we'll touch .02 (3rd day and final day of this move) and then we'll consolidate for a while. This will only tank if the seller(s) let this spike big time and the herd decides its profit time and runs for the exits. Other than that there is not any REAL BAD news to cause a selloff.
There is real (HUGE) money involved here and MATT appears to be makin' it happen. There are any number of PR's that could move the stock imo. Say he PR's that he's flown in all of its customers CB from PCT (see below) and all is now stored at their new facility an that from this day forward all new CB from new customers will be processed and stored at the new facility.
from the ibox...
"...On August 1, 2007, it entered into an agreement with Progenitor Cell Therapy, LLC (PCT) for testing, processing and storage of cord blood samples Cord Blood America is the parent company of Cord Partners, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. CEO says CBAI is the 4th largest in the USA (at min 6:23) and about the 20th largest of about 150 companies worldwide. Plans on more acquisitions.
..."
I'll be the 1st to admit the fundamentals here don't support a high pps. In the dot com days a good rule of thumb for non-profitable companies was a Mkt Cap at 10x rev's.
Matt made the mistake of not controlling the diluters early. Selling less shares at a higher pps would have got him the same dough without an exorbitant Mkt Cap.
Bitty, I for one appreciate your DD and your sharing of your DD. This board is the perfect place to air out the pros and cons of trading/investing in CBAI's stock
News 
Market Data 
Discover 
