Replies to post #72420 on CBA Florida Inc. (fka CBAI)

[tbk420]

Two different concepts. One is my shortcoming, for not selling much earlier in time.

But Matt has shortcomings that jeopardize what is left of my investment, and those shortcomings inhibit the potential for my investment to reverse course.

I get it - you are a better trader, skilled at moving in and out of this stock for profit. But it seems a bit contrived, no offense, to sing the praises of this CEO while doing so. Whatever he's been doing or not doing has resulted in the current PPS, unless one is willing to believe that he is perhaps the biggest victim of an incredible amount of bad luck. I'm inclined think he was too headstrong, short-sighted, and even egotistical, such that it has resulted in the current PPS. Now that the trust has been compromised, so too has his ability to lead the way he once did.

I accept blame for believing the 2010 hype, and failing to sell when others did. Will Matt or his vocal supporters ever acknowledge fault on his behalf, for even the slightest thing?

[Bren4Realtor]

Investments you fall in love with are the ones you tend to get burned by. CBAI is a perfect example. There is nothing wrong with dollar cost averaging but rarely works in penny land. Use this approach with high quality stocks. I bought shares after the RS at a low price per shares. I held the low priced shares and sold the same amout of high prices shares to lock in the loss. The money I took in with the sale has gone into other stock wich have made me more money than I could have made in CBAI. I am counting on my skills to get me out of CBAI because Matt hasn't been much help. My CBAI share price average is now under 6cents which I'm willing to hang onto at this point.You said dollar cost averaging in CBAI is a gamble. I would agree.

[LABZ]

Well said...........!!

Go CBAI.....!!

[Starlost]

So, according to you, it was my fault for believing in Matt when he said "the dilution is over". Also, according to you, it was my fault for believing in Matt when he said the company was going to be cash flow positive? Also, according to you, it was my fault when Matt said it was a good time to buy??

Get my point?

Believing in Matt is what got all of us in doo doo.

Sorry dude, but it's Matt's fault for being a good salesman and sucking in all us believers into thinking he was actually going to do something good with our investments.

There ya have it.....it's the investing plan, or lack there of that is the reason for all the red on one's portfolio. Matt didn't do that.