Neutral B: Magbit Missile

If Pxl Cobit throws a Magbit at his opponent, it's energy will glow the opponent as a target and when it does, the energy from the Magbit will pull Cobit towards it which is covering his opponent and ram an enemy like a missile.
When Cobit is being pulled towards the opponent, his energy will quickly increase making the missile stronger and quicker.

Cobit can throw the Magbit in eight directions by tapping the control stick in the corresponding direction after pressing the special attack button, but only one can be thrown at a time.

When the player throws a Magbit at the opponent, Cobit won't launch and ram at an enemy unless the player presses B again but only has 5 seconds to do it or Cobit will launch by himself.

When the opponent is effect by the Magbit energy, it'll slow him/her down a "BIT".

If Cobit misses he'll cancel it.

The Magbit reaches far as Mario's fireball.

And if Villager catches the Magbit, it'll still be on him.

In the Pxl Cobit Series, Cobit can actually throw more than one Magbit.
Also when being pulled towards the Magbit, if anything is coming towards Cobit like a blast, he can move around to get out of the way.

See Also:
 

Credit goes to: 
GregarLink10
9-BIT(Me)
SuperMarioWiki.

All done from Paint and then Adobe Photoshop.