posted
just hit .094 qualifies for under .10 board lol. keep an eye on this.... Taking a big dive south lately. I bought in at .127 lol and just got more at .10. may see lower who knows. all i know is it moves sooo quick north and its surpassed its all time lows. GL
Posts: 2794 | From: nyc | Registered: Aug 2005
| IP: Logged |
seen any other companies with assets like this trading at a dime? If so, please contact me. Posts: 2741 | From: Seattle | Registered: Feb 2005
| IP: Logged |
posted
Spoke with tim who said there was a huge meeting today discussing the recent activity. He said it had to do with able. He basically said sbay has no intentions of closing its doors and will do all in their power to get the respect of their company. He also said he will prove his respect by always being available to his shareholders even in such harsh times. I am calling him tomarrow to see exactly what was said during the meeting. Also JUICE I am new at this and am not good with charts yet can you tell me a little about what you are seeing in the chart you posted
-------------------- I hope this goes Posts: 111 | From: trenton nj | Registered: Sep 2006
| IP: Logged |
posted
chart: http://stockcharts.com/h-sc/ui?s=cbay rsi indicates cbay is wayyyy oversold 29.89!! macd turning sour but i wouldn't worry to much there. look at the vol...its almost disgusting how many shares are still being sold. Maybe it ties in with dillution & ABLE selling for tthe company, but if they're holding a meeting to understand this as a problem then my guess its "i owe youzzz" aka fshort selling. i also would bet people are getting nervous and just throwin out their freebies from the nice move it has made??
of course im not exactly sure, but there is basically no one in the last 2yrs who got shares under .12 if ever before.
chart would indicate its a great time to get in under .10 id say is a real big deal. but could continue down until we get some answers to generate some buying interest. id expect news and a pop again if cbay is serious about their shareholders.
Posts: 2794 | From: nyc | Registered: Aug 2005
| IP: Logged |
posted
.103 mm's creeping it up. think its a head fake. i expect a few more cents down... waiting for .09 and .08. to come. but i could be way off. this is already wayyy low
Posts: 2794 | From: nyc | Registered: Aug 2005
| IP: Logged |
Cal-Bay Announces Stock Buy-Back Program of Common Shares Effective Immediately
Business Wire "US Press Releases "
CARLSBAD, Calif.--(BUSINESS WIRE)--
Cal-Bay International, Inc. (OTCBB: CBAY) announces the launch of a common stock buy-back program effective immediately.
Cal-Bay's Board of Directors today announced the company will commence the repurchase of the company's common shares from the open market effective immediately and retire the shares permanently. This program shall remain effective through October 31st, 2006, and will be reviewed by the Board of Directors after that date.
Cal-Bay CEO Roger Pawson commented the opinion of management is there is a significant short position in the common tradable shares which has caused a large downward pressure on the stock value. There has been no recent significant increase in the conversion of restricted to freely tradable shares available to the market which has further convinced Cal-Bay management of the obvious increase in the stock's short position.
The company will publish the results of the Buy-Back and total number of shares cancelled upon completion of the program.
Cal-Bay will be filing an 8-K statement to confirm the Stock Buy-Back announcement.
FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties.
The Company assumes no obligation to update any of the forward-looking statements in this release.
Source: Cal-Bay International, Inc.
Posts: 1580 | From: World | Registered: Jul 2006
| IP: Logged |
posted
yep told ya it moves on nothing guess they do care about their shareholders. thats waht i like to see
Posts: 2794 | From: nyc | Registered: Aug 2005
| IP: Logged |
M2 PressWIRE - September 27, 2006 - Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the Nasdaq exchange has brought Cal-Bay International, Inc (OTCBB:CBAY) to the attention of our research team. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer.
Cal-Bay International, Inc. (OTCBB: CBAY - News) announces the launch of a common stock buy-back program effective immediately.
Cal-Bay's Board of Directors today announced the company will commence the repurchase of the company's common shares from the open market effective immediately and retire the shares permanently. This program shall remain effective through October 31st, 2006, and will be reviewed by the Board of Directors after that date.
Cal-Bay CEO Roger Pawson commented the opinion of management is there is a significant short position in the common tradable shares which has caused a large downward pressure on the stock value. There has been no recent significant increase in the conversion of restricted to freely tradable shares available to the market which has further convinced Cal-Bay management of the obvious increase in the stock's short position.
The company will publish the results of the Buy-Back and total number of shares cancelled upon completion of the program.
Cal-Bay will be filing an 8-K statement to confirm the Stock Buy-Back announcement.
To view other Market Gainer reports in this and other sectors, please visit www.**************** for a complimentary subscription to the newest and most exciting online financial newsletter on the market. This article is available for viewing in the featured articles section on our website. No Credit Card information needed.
The Financial Information and Financial Content provided by **************** is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or endorsement, recommendations, or sponsorship of any company or security by ****************. You acknowledge and agree that any request for information is unsolicited and shall neither constitute nor be construed as investment advice by **************** to you. It is strongly recommended that you seek outside advice from a qualified securities professional prior to making any securities investment. **************** does not provide or guarantee any legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or informational source.
All material herein was prepared by based upon information believed to be reliable. The information contained herein is not guaranteed by Market Gainer to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Market Gainer is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
((Comments on this story may be sent to info*m2.com))
posted
.08 is cheap:) figured it would be going down, the co is buying back.. remember keep an eye, shares bought back and retired up to 10/31/06. im looking for a real low entry price here. this is a beautiful thing, especially if we get into .06 - .07 range. wow... GL currently .081x.084
Posts: 2794 | From: nyc | Registered: Aug 2005
| IP: Logged |
posted
company can buy more shares back at lower pps, so its good from them. i think there is still significant short positions. it was about a buck a few months ago and now were looking at .08 on the L2, thats unbelieveable! plus u have nervous nellies selling, that i really dont get...im buying. It's got to rock above .10 again, o/s and float is already low plus company buying back shares and a great 10Q nothing wrong here, just way undervalued IMO.
Posts: 2794 | From: nyc | Registered: Aug 2005
| IP: Logged |
posted
makes sense to dillute if your going to buy back at a lower pps, smart. thats why im not buying yet
Posts: 2794 | From: nyc | Registered: Aug 2005
| IP: Logged |
posted
We may see a rally at EOD cos float remain at the same level according to IR... 2.5 million have been bought in one shot over the ask! NSS covering before buyback start...? Maybe...Don't ask me I am as confuse as everyone on every other BB...!
posted
MOVING news... Cal-Bay International Orders NOBO & DTC Lists to Determine Actual Share Ownership of Freely Tradeable Shares Wednesday October 4, 11:11 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--Cal-Bay International, Inc. (OTCBB:CBAY - News) announces the company today ordered a Non-Objecting Beneficial Ownership (NOBO) list from Automatic Data Processing (ADP) and the DTC Lists from Depository Trust Corp. ADVERTISEMENT
Cal-Bay CEO Roger Pawson commented the list will disclose the recorded shares held by shareholders and will be compared to the company's DTC trading list, which discloses the number of shares held by the clearing houses for the same period. Cal-Bay's management believes there is a significant short position in the freely tradable stock and the side by side comparison of the NOBO and DTC list should disclose any discrepancy.
Pawson further commented that any discrepancy revealing a short position in the company's stock will result in a mandatory cert exchange program to force the short position holders to cover the negative balance.
FORWARD LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties.
The Company assumes no obligation to update any of the forward-looking statements in this release.
Contact: Cal-Bay International, Inc. Tim Garlin, (760) 930-0100 Fax: (760) 930-0200 IR*calbayinternational.com www.calbayinternational.comPosts: 2794 | From: nyc | Registered: Aug 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
![[Big Grin]](biggrin.gif)
