Posted by: bitty Date: Friday, January 08, 2010 10:08:47 AM
In reply to: Shovelhead1340cc who wrote msg# 18676 Post # of 18862
My short is working out perfectly...just too bad I didn't short it this morning at the high. Can't time it perfectly, but a stock doesn't go straight up. The market cap is ridiculous for a company losing so much money each quarter. Dilution is the only way it will stay afloat. Look at the filings - Matt and his wife had to lend CBAI money for it to stay afloat. Matt is selling like crazy today and dilution is in full swing. They knew when to time it. Kudos to them.
You didn't actually think a stock goes straight up do you? Wait until people see this tonight when they get home. Much more selling next week.