CBQ Inc CBQI Message Board

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Microcap & Penny Stocks : CBQ Inc CBQI

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To: Due Diligence who wrote (192)	4/20/1999 9:27:00 PM
From: Ga Bard	Read Replies (1) of 1101

Looks like someone is shorting the fire out of it. The lowest the stock has ever been was $2.50 after the split ... Someone is going to have a problem soon according the TA of that trading log. The split was a 4:1 @.62 but it came out at $4.25 and it fell to $2.50 on the ask. If you look at the TA on the trading logs when it went to $10.00 from $10.00 to $6.00 it looks like normal trading but @ $6.50 is where all this strange hammering the bid started. Everytime a news release comes ... BOOM... the bid gets hammered. Any day there is not trading they hit the bid. Hit got hammered to $3.00 and then that was where we discovered a strong resistence laid. Monday the bid got nailed to $2.50 but man the buying came in like a herd of buffaloes. Love TA on trading logs. Can tell you a lot about a stock from its trading log... GB

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