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re: FORW, TSNP, ZOM, CBBT - am I too late to the party?

Posted on 2/7/21 at 12:09 pm to
Posted by High C
viewing the fall....
Member since Nov 2012
53782 posts
Posted on 2/7/21 at 12:09 pm to
quote:

No one knows for sure if it's gonna start monday... Im staying in and observing until there is a downturn. It may go up to $.40 or .50 before they try to short it back down to where it's at now.


This is true. Canceled my sell order and will actively monitor CBBT Monday morning.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30566 posts
Posted on 2/7/21 at 12:12 pm to
The short seller came in on 1/25. There’s no reason something will occur on Monday. If anything they already had their impact on 1/25, look at the chart
This post was edited on 2/7/21 at 12:14 pm
Posted by High C
viewing the fall....
Member since Nov 2012
53782 posts
Posted on 2/7/21 at 12:19 pm to
quote:

If anything they already had their impact on 1/25, look at the chart


Hmmmm, .20 down to .13 1/26-1/28. You think that’s the extent of it?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30566 posts
Posted on 2/7/21 at 12:21 pm to
I’m not a short seller but can’t imagine they’d scoff at over a 50% drop in share price and keep holding
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10398 posts
Posted on 2/7/21 at 12:21 pm to
Upperdecker, where can I find that information?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30566 posts
Posted on 2/7/21 at 12:25 pm to

Another poster got this. These are usually in a disclosures form but I haven’t been able to find the full form
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61213 posts
Posted on 2/7/21 at 12:41 pm to
Well that solves what my Monday move will be.
Posted by High C
viewing the fall....
Member since Nov 2012
53782 posts
Posted on 2/7/21 at 12:44 pm to


This is from CBBT’s Twitter last weekend. Acquisition delayed, but still imminent.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61213 posts
Posted on 2/7/21 at 12:47 pm to
I apologize if this a stupid question, but how will that effect the stock? Are we still looking at a 6 week drop?
Posted by High C
viewing the fall....
Member since Nov 2012
53782 posts
Posted on 2/7/21 at 12:52 pm to
Acquisition is what primarily drove me to buy CBBT in the first place.

Read this to give yourself a better understanding.
Posted by Delacroix22
Member since Aug 2013
3954 posts
Posted on 2/7/21 at 12:58 pm to
Interesting. Sounds like CBBT caught the eyes of a short seller and they’re having difficulty ironing out the details of their acquisition?
Posted by High C
viewing the fall....
Member since Nov 2012
53782 posts
Posted on 2/7/21 at 1:07 pm to
I don’t know if the short seller created the speed bump, but it’s definitely been delayed.
Posted by TheChosenOne
Member since Dec 2005
18518 posts
Posted on 2/7/21 at 1:09 pm to
It’s also possible that the short seller knew about the acquisition delay and shorted to take advantage of a potential dip if people get impatient.
This post was edited on 2/7/21 at 1:10 pm
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 2/7/21 at 1:46 pm to
I think you may be getting in late to the party on all of those. I am selling ZOM and TSNP on the way up and buying more TELL and STLHF. Nothing goes up that sharply forever. An Ancient Tiger play that is closer to ground level is IBIO.
Posted by Richleau
Member since Dec 2018
2384 posts
Posted on 2/7/21 at 1:54 pm to
I’d sell ZOM but to sell TSNP at this point is I think not the best play. Too much good news coming strategically around the corner to sell at this point.
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 2/7/21 at 1:59 pm to
MVIS is another Ancient Tiger play that is probably a better risk reward than ZOM, CBBT, or maybe even TSNP right now.
Posted by MrBobDobalina
BRo.LA
Member since Oct 2011
2991 posts
Posted on 2/7/21 at 2:05 pm to
I would say its the same situation for ZOM, their big date is March 31st. It's your money, gotta do what feels right.


Edited- I was speaking out of place
This post was edited on 2/7/21 at 4:17 pm
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 2/7/21 at 2:09 pm to
Don’t get me wrong I love stacking stacks, but TSNP has a market cap north of $6B for an app that isn’t even live. Plenty of stuff could easily derail this train.
Posted by Richleau
Member since Dec 2018
2384 posts
Posted on 2/7/21 at 2:58 pm to
Ok, with that logic, one would have to look for missteps along the way. I fail to see one. You are banking on something happening that hasn't happened yet. I think they have everything planned out well enough that when the app drops everything will go perfectly. To drop an app that fails to work at start is disastrous. Do you agree? Further, you are completely disregarding BlockETX which is the single reason why the stock jumped these past three days. That is live in 100 different countries. Here's a great video on how it works and why it will be successful.

BlockETX - How it works
This post was edited on 2/7/21 at 3:03 pm
Posted by brightside878
Baton Rouge
Member since Sep 2009
1563 posts
Posted on 2/7/21 at 3:12 pm to
So do we sell CBBT or just hold on and see? Just making sure I understand correctly
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