These looks like a classic setup for a bottom reversal...low float and low O/S also!!
Shares Outstanding: 16.14M Float: 8.09M Market Cap (intraday): 2.58M
Posted by Mr. Berbician Seventy Seven on :
Yep... I am in, each time it goes a bit down, I buy a bit more... We are close to the bottom, looks clear today as MMs seem to have more and more difficulties to bring it further down. Of course, since I am not the only one to buy, it does not facilitate their game... Today look at the 0.158 Q=10100 *15:43:34. For those who know MMs codes, it probably means they need another 1M vol. down that point. Average volume of the last sessions is about 300k, so take half out for people, keep half for MMS, means 150k*6=1M -> so the reversal is likely to occur next week Wednesday or Thursday, the rush POP Friday and the following Monday... imo time to accumulate seriously...
Posted by Mr. Berbician Seventy Seven on :
Today as well, and since CBAY.OB is still on the NSDQ SHO List, I sent another complain to the SEC, their services will for sure investigate, and the naked-shorters, if any - but I think there are some - will be forced to cover... which could be VERY interesting !...
Posted by $Keith$ on :
Guess nobody looked at this one...I alerted at .16 it's at .27 right can anyone say +75%
Posted by Bill2Drunk on :
Nice call!!.......$0.29 now.
Posted by Doniboy on :
Now it's at .695. Not too shabby.
Posted by abram on :
Well!!! After reading a Lot of the sec filings, I'd say you have a winner , at least to $1. After that , who knows. But I don't see how anyone could lose on CBAY . Wish I'd checked into this earlier, I don't normally swing a penny. Good job Keith!
