im almost ready to cover all...and when i do...i will tell you longs everything...these pigs are stealing every
penny they can from you. scotty and mcdonut are riminals...they issue free shares and sell anywhere
.....obviously!!! im ready to spill the beans...but i will say ,,,ur an idiot to have owned this toilet without
calling and destroying them....this sham should have been delisted 6 years ago.....i will cover and tell u all
He is speaking from experience, he has MANY underwater trades which revenge is required to break even!
Sorry to lose you chicken. Can't fault you for dumping this thing the way it trades and the lawsuit is driving everyone nuts. Im a little crazy and added at 1.72 & 1.44.
CBMX was the worst trade of my life. I was up several thousand dollars when it went to $3.60 and held thinking I could trust the chart but it appears the company diluted into the rally imo and I kept holding and holding. I wrote the company emails, received phone calls from the CEO, blah,blah blah. Negative $12k later I finally sold this hunk of #$%$..... but I will have my vengeance on it.... I will buy it again one day and ride it and get it back, but will never "believe" in it again. Its a low floater and can move, but a legitimate piece of dung.
Ahhh....you mean REALLY explode. I have never seen it above $4 in my time of owning it. $12 would be cool.
It is critical to cut losses early, I see that Rite Aid is down 17% today, it looks like a lot of people who could have cut their losses at 4-8% didn't, and held on through earnings. Had I held onto CBMX and believed in the value of the company and all that I would be down 25%. And all they have done is come out with better news. The market may be right or wrong, however I would have lost money either way if I stayed long.
The sad part is that "exploding" from this level just takes most of us Longs to "even"...lol
One other possible catalyst is cbmx reports unusual growth. If so I look for a pre announcement to offset this ridiculous dumping.
Oh. And put those sophomoric screechers who natter on about how bad the stock is doing, on ignore. If they have actual information about the company, that's different, but most of them have no real information.
I will never (NEVER!) understand people who find joy in another's misfortune.
Be patient, Newgrad (Congratulations, BTW, if your name is reflective of your status). Do your analysis as best you can, make your decisions, and don't invest so much money that you cannot weather a loss - even a loss that takes some months to clear up.
Can't argue with your decision to sell but this baby will explode once the lawsuit b.s. becomes clear. The only guess imo is how low do we go before then