OTCPK:CTPNF - Post by User
Comment by
snootchybootchyon Jun 02, 2015 2:37pm
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Post# 23790036
RE:FT still loves CBX
RE:FT still loves CBXPapagallo wrote: This story has HUGE upside...the share consolidation is meaningless with respect to the market cap or business model.....new CEO quickly diversifying by targeting new Buyers/Suppliers outside the oil & gas industry...if the share consolidation is approved the float will shrink so low that shares will be very difficult to buy....time to load up ahead of earnings.
I'm voting against the consolidation. And despite the tempting current valuation, I'm not planning to buy more until I find out whether this consolidation is going through. I saw Mr. Taylor on BNN an hour ago talking about V.CBX and he doesn't appear to have a clue about the reason behind this consolidation either. I'm still long though. Haven't sold a share.