RE:Soon a penny stock!!Bio
The issue is not with CIBC. The corporation let the believers think
that the next news was at day 60 not 120 after filing. That 60 days combined
with another 30 for insurance pushes our money news into more than 1 year
from now. You can't change the facts without someone saying wait a second
my one year target has to be reduced. Then they said OK more time to money
means another share issue will be required hence the pie is divided my more than
700 million shares, remove our outlier deals until talk becomes a signed cheque and
the additional shares is a serious number. The question to ask management is why didn't
you do the issue last fall when we were $3.00? You and I may not have known that
a freight train was heading at us but management should have had a clue don't you think?
They made a FUBAR and we get to take the hit.