RE:RE:RE:WTF!Do you actually read what you're writing before you post it. You are absolutely failing to understand the markets ...and particulatrly the junior exchanges. The sp isn't moving based on anything anyone on here is saying positively ...nor is that fact a dichotomy.
If you cared to look at the multi year chart for the exchange, were willing to accept that there is constant manipulation across all North American Exchanges (from hedge funds to day traders) and that it is only in the longterm that the real value of a company and its stock can be determined you might have something useful to add.
The whole market rose to its climax in February with may stocks reaching their year long high. These levels were both unsustainable, and on a stock to stock basis, had nothing to do with fundamentals. Like weed, junior gold mining and more recently EV stocks ....there is always the flavour of the month. People get burned in the shorterm because there are woefully inadequate regulations to stem blantant stock manipulation. THAT is the reality.
The only solution is to become a participant in that game ...as dangerous as it can be ....or carry out DD and while understanding the inherant risk of investing in stocks generally (or penny stocks specifically) choose the companies you want to invest long in ...and wait patiently, as you have suggested. There are only TWO ways to play the trading game.
Yes, CBDT does have a good business model. No, the market does not "believe" or behave in any particular way. Those manipulating a stock, particularly on days of relatively low trading volume prey on the uninformed who, for the most part aren't holding much of a position. So it isn't those (including Steve) portraying the company so positively that are the problem ...it's those, without facts, spewing the opposite.
Revenue is revenue, liabilities are liabilities and warrants exercised when a sp is much higher than the exercise price fall on the liabilities or loss side. It's a paper and accounting issue not a valuation issue. It can make a company look like it's in freefall when that is blatantly untrue.
jimhighforrest wrote: Patience does help at this moment. If everyone sells in panic the situation will become worse and worse. CBDT seems to be a good business model. However with the way Steve and some guys here communicate, the market seems to believe the opposite of what these guys are saying. They should improve how they communicate-share good news as well as challenges in a candid way instead of burying some critical numbers in the pages with an exiting title overly emphasizing revenue which is one of many critical numbers in running a successful business . I guess the board should supervise the management effectively on behalf of shareholders too.