February29 Jan 2022 07:05
We'll I'm hoping for activity at the beginning of February on the new product release and advertising. But as cbx have not released a exact date for either in February I'm being realistic and guessing it could be any time in February, hopefully not the last day in February. In December the SP had some nice activity for about twenty days on the anticipation of a good quality RNs. The RNs unfortunately was written on the back of a fag packet with no news or hard facts and cbx lost momentum and interest of investors. Good SP for twenty days then nosedived in the space of two days due to dodgy RNs. Hopefully next time they release a RNs there will be some solid dates and facts , pi's, day traders, and the city love news and information. No news cycle from them doesn't do them any good in the long run. So in my opinion I'm thinking with there past track record for information it will be action replay of December. So SP rise on anticipation of good news, window of opportunity for let's say fifteen to twenty days maximum to take profit, followed by nose dive back to where we are now. I'm thinking out loud here and I think this will cycle like this until they're established. It's a really tough market they are in, load's of competition fighting for those sales, I'm sure some of it is rubbish, and I'm sure the FCA will be shortly stamping on a lot of them like bug's as they are not compliant . Cbx through there hard work are compliant,so that is a major selling point, hopefully they will use this to there advantage when the time is right. But bear in mind the FCA get there in the end but move at the speed of a sloth, hope they don't take to long, it's to cbx advantage to get rid of the Dodgy players in this market. I'm sure one of the canaboid company's will make a profit worth talking about eventually,who that will be is anyone's guess. All I can say is get a move on cbx and trust in you for a couple more months. Good weekend all. GLA.