We've gotten e-mails from investors saying that there are forces trying to shake loose some shares of Cord Blood America Inc. (OTC:CBAI) even as most traders are to looking forward to riding the stock price up towards the company's big forward-looking news event.
After re-examining the public filings and reading carefully through the press-releases about the upcoming grand opening of their new Las Vegas facilities, it is hard to understand what some of these bears are seeing.
We dug up the most recent SEC filings and examined them for hours as a team. It's become quite clear to our various in-house analysts and writers that despite fears of dilution:
1) Shares of CBAI are "priced" at a minimum of $.03 and could easily move to $.05 on the company's upcoming news.
2) The compay has announced recent debt reduction of over $10 million and may be positioned to reduce even more debt.
3) The company now has an improved business model to work from
4) Last quarter Gross Profit increased from 54.3% to 62.7%.
And finally, there is the very important grand opening of their new lab and corporate offices- set to take place later this month on January 22, 2010. That even is a very positive event and major milestone for the company.
We're scheduled to interview the CEO of the company within the next 24-48 hours and should have an update straight from the source.
In the meantime, please be very careful of listening to bloggers and self-anointed experts and do your own due dillegence.
In the meantime, please be very careful of listening to bloggers and self-anointed experts and do your own due dillegence.
We warned people to stay away from this play last year, but now it could be setting up a "multi-bagger" type move from current levels.
Of course, that's just our opinion as well.
Stay tuned for solid news.
Disclosure: Long CBAI
No comments:
Post a Comment