CBDD (CBD of Denver Inc.) down 99.00% to $0.000001 on PNK: liquidity risk draws focus
The CBDD stock collapse is stark: shares traded down 99.00% to $0.000001 in market hours on the PNK exchange in the United States. Volume spiked to 36,426,549 shares against an average of 21,497,385, signalling heavy sell pressure and thin bid depth. We examine why the drop matters for investors, connect key ratios and liquidity signals to the move, and outline scenarios that could determine whether CBD of Denver Inc. recovers or continues lower.
CBDD stock: intraday move, price and volume
CBD of Denver Inc. (CBDD) saw the most important move today, falling to $0.000001 on the PNK exchange in the United States with reported volume 36,426,549. The intraday high was $0.0002 and the low $0.000001, while the previous close was $0.0001. The trade translated to a 99.00% one-day change on the quoted data and a relative volume near 1.01x, indicating a market-driven sell-off rather than a single block trade. For traders, the large spread between the 50-day average $0.000101 and current price shows extreme volatility and potential quoting gaps.
CBDD stock: fundamentals and valuation snapshot
Fundamentals paint a weak operating profile. Reported EPS is -0.001 and trailing PE is listed as -0.10 reflecting negative earnings and sparse liquidity. Market cap stands at $980,918 with 9,809,175,030 shares outstanding. Price-to-sales is 0.45 and enterprise value to sales is 0.89, but those ratios are distorted by the very low share price and tiny market cap. The company’s book value per share is negative -0.000156, and the current ratio is 0.0063, indicating limited short-term liquidity on the balance sheet.
CBDD stock: technicals, averages and liquidity signals
Technical indicators show mixed momentum with RSI near 51.18 and ADX at 39.23, which suggests a strong intraday trend. The 50-day average of $0.000101 and 200-day average of $0.00013425 sit far above the current trade, implying mean reversion would need substantial buying. On-chain trading metrics show high turnover: average volume 21,497,385 vs today’s 36,426,549. Thin bid liquidity and wide bid-ask spreads on PNK increase execution risk for larger orders and raise the chance of pricing discontinuities.
CBDD stock: Meyka AI grade, model outlook and caveat
Meyka AI rates CBDD with a score out of 100: 62.44 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a target near $0.000100 versus the current $0.000001, implying an implied upside of roughly 9,900%, though this projection relies on reversion toward the 50-day average rather than new fundamental improvement. Forecasts are model-based projections and not guarantees. We note external rating data gives the company a mixed profile—company-level rating tools flagged a C / Sell view on 2025-02-28, highlighting divergent signals across evaluators.
CBDD stock: risks, catalysts and sector context
Primary risks include extreme liquidity and microcap volatility on the PNK market, negative shareholders equity per share -0.000156, weak current ratio 0.0063, and exposure to regulatory changes in the consumer cyclical retailer and CBD sector. Potential catalysts are improved quarterly sales disclosures, strategic funding or acquisition news, and sectoral recovery in specialty retail CBD demand. Given the stock’s thin liquidity and microcap status, corporate announcements or insider activity can produce outsized price swings.
CBDD stock: trading and portfolio guidance
For traders, manage position size tightly and use limit orders to avoid sweeping thin bids. For investors, view CBDD as a speculative microcap: monitor filings, cash runway, and any announced financing. Short-term algorithms may react to volume spikes; longer-term holders should seek clearer revenue momentum and improved balance-sheet metrics before adding exposure. We use Meyka AI’s platform for real-time monitoring of liquidity and social signals when tracking thinly traded names.
Final Thoughts
Key takeaways on CBDD stock: the company’s share price collapsed to $0.000001 on PNK with unusually high volume of 36,426,549, flagging liquidity strain and execution risk for traders. Fundamental metrics show negative book value per share -0.000156, EPS -0.001, and a distressed current ratio 0.0063, which together point to a fragile balance-sheet position. Meyka AI’s scoring frames the stock as a B / HOLD based on relative benchmarks, but independent rating tools remain bearish. Meyka AI’s forecast model projects a reversion target around $0.000100, an outcome that would imply roughly 9,900% upside from today’s traded price; this is model-driven and not a certainty. Given the microcap status, U.S. investors should weight CBDD only as a speculative exposure, limit stake size, and watch for corporate disclosures, funding events, or regulatory changes that could change the risk-reward profile rapidly. For live updates and alerts, we track filings and market news on established feeds such as Markets Insider coverage and by monitoring corporate filings. Meyka AI provides this AI-powered market analysis to help track microcap dynamics but these views are informational and not investment advice.
FAQs
What caused the sharp drop in CBDD stock today?
The sharp decline to $0.000001 reflects heavy volume, thin bid liquidity on PNK, and limited short-term cash on the balance sheet. No specific earnings release drove the move; instead, microcap volatility and order imbalances appear responsible.
Is CBDD stock undervalued based on metrics?
Valuation ratios are distorted by the tiny share price and negative book value per share -0.000156. Price-to-sales 0.45 and PE figures are not reliable here—liquidity and solvency risks dominate valuation judgment.
What is the Meyka AI forecast for CBDD stock?
Meyka AI’s forecast model projects a reversion target near $0.000100 versus current $0.000001, implying large upside if liquidity and fundamentals improve. Forecasts are model-based projections and not guarantees.
Should retail investors trade CBDD stock now?
Given extreme volatility, microcap risk on PNK, and weak liquidity, small, disciplined trades with tight limits are prudent. Long-term investors should wait for clearer financial recovery signals or firm corporate catalysts.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
